Schneider National, Inc. (NYSE:SNDR) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC grew its holdings in Schneider National, Inc. (NYSE:SNDR) by 23.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,937 shares of the company’s stock after acquiring an additional 6,359 shares during the period. Natixis Advisors LLC’s holdings in Schneider National were worth $940,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. The Manufacturers Life Insurance Company grew its stake in shares of Schneider National by 3.6% in the second quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock worth $342,000 after acquiring an additional 493 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Schneider National by 3.2% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock worth $451,000 after purchasing an additional 618 shares during the last quarter. Hilltop National Bank lifted its position in shares of Schneider National by 28.5% during the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock worth $74,000 after purchasing an additional 676 shares during the last quarter. California State Teachers Retirement System lifted its position in shares of Schneider National by 1.7% during the 1st quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock worth $1,265,000 after purchasing an additional 958 shares during the last quarter. Finally, Comerica Bank lifted its position in shares of Schneider National by 11.8% during the 1st quarter. Comerica Bank now owns 12,283 shares of the company’s stock worth $278,000 after purchasing an additional 1,297 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Price Performance

Shares of SNDR opened at $32.85 on Thursday. Schneider National, Inc. has a 1-year low of $20.50 and a 1-year high of $33.60. The stock has a market cap of $5.75 billion, a PE ratio of 53.35, a price-to-earnings-growth ratio of 3.88 and a beta of 0.85. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The firm has a fifty day moving average price of $28.97 and a 200 day moving average price of $26.21.

Schneider National (NYSE:SNDR) last announced its earnings results on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Schneider National had a net margin of 2.10% and a return on equity of 3.92%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. As a group, sell-side analysts anticipate that Schneider National, Inc. will post 0.7 EPS for the current year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be issued a $0.095 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.16%. Schneider National’s payout ratio is 61.29%.

Analyst Upgrades and Downgrades

SNDR has been the subject of several recent analyst reports. Susquehanna decreased their price objective on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Benchmark lifted their price objective on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Wednesday. TD Cowen lifted their price objective on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday. Citigroup cut shares of Schneider National from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. Finally, Evercore ISI decreased their price objective on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $29.08.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.