Schneider National, Inc. (NYSE:SNDR) Stock Position Decreased by Jane Street Group LLC

Jane Street Group LLC reduced its holdings in Schneider National, Inc. (NYSE:SNDR) by 79.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,735 shares of the company’s stock after selling 61,617 shares during the quarter. Jane Street Group LLC’s holdings in Schneider National were worth $449,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. DekaBank Deutsche Girozentrale acquired a new position in Schneider National in the third quarter worth about $73,000. Quarry LP acquired a new position in shares of Schneider National in the 3rd quarter worth approximately $90,000. SG Americas Securities LLC bought a new position in shares of Schneider National during the 3rd quarter worth approximately $109,000. Hills Bank & Trust Co acquired a new stake in Schneider National in the 3rd quarter valued at $112,000. Finally, BNP Paribas Financial Markets grew its position in Schneider National by 356.5% in the third quarter. BNP Paribas Financial Markets now owns 4,894 shares of the company’s stock valued at $140,000 after acquiring an additional 3,822 shares during the period. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Stock Up 0.1 %

Schneider National stock opened at $29.92 on Tuesday. The firm has a 50 day simple moving average of $30.58 and a 200 day simple moving average of $27.94. The firm has a market capitalization of $5.24 billion, a price-to-earnings ratio of 48.26, a P/E/G ratio of 3.24 and a beta of 0.93. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. Schneider National, Inc. has a 1-year low of $20.50 and a 1-year high of $33.90.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. On average, analysts predict that Schneider National, Inc. will post 0.7 earnings per share for the current year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be paid a $0.095 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.27%. Schneider National’s dividend payout ratio is presently 61.29%.

Insider Transactions at Schneider National

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $29.04, for a total value of $290,400.00. Following the completion of the sale, the insider now owns 95,191 shares of the company’s stock, valued at $2,764,346.64. This represents a 9.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thomas G. Jackson sold 18,248 shares of Schneider National stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total transaction of $603,461.36. Following the transaction, the executive vice president now directly owns 66,526 shares in the company, valued at $2,200,014.82. This trade represents a 21.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 66,555 shares of company stock valued at $2,153,011 in the last quarter. Insiders own 32.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SNDR. Evercore ISI reduced their price target on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a research report on Thursday, November 7th. Benchmark lifted their price objective on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Citigroup cut Schneider National from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $32.00 to $30.00 in a report on Tuesday, November 12th. The Goldman Sachs Group cut their price target on Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. lowered their price objective on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Schneider National currently has an average rating of “Hold” and an average target price of $29.08.

About Schneider National

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.