SG Americas Securities LLC Buys 29,369 Shares of Schneider National, Inc. (NYSE:SNDR)

SG Americas Securities LLC increased its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 766.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 33,203 shares of the company’s stock after acquiring an additional 29,369 shares during the quarter. SG Americas Securities LLC’s holdings in Schneider National were worth $972,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Principal Financial Group Inc. purchased a new stake in Schneider National during the third quarter valued at $6,327,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Schneider National by 15.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,474 shares of the company’s stock worth $3,724,000 after buying an additional 17,573 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Schneider National by 18.4% during the 3rd quarter. Geode Capital Management LLC now owns 746,272 shares of the company’s stock valued at $21,305,000 after buying an additional 115,814 shares in the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Schneider National during the 3rd quarter valued at about $9,157,000. Finally, Louisiana State Employees Retirement System bought a new position in shares of Schneider National in the 3rd quarter valued at about $648,000. 28.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, COO Mark B. Rourke sold 32,057 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the sale, the chief operating officer now owns 266,887 shares in the company, valued at approximately $8,833,959.70. The trade was a 10.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 completion of the sale, the executive vice president now owns 66,526 shares of the company’s stock, 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. In the last ninety days, insiders have sold 66,555 shares of company stock worth $2,153,011. Corporate insiders own 32.68% of the company’s stock.

Schneider National Trading Up 0.3 %

NYSE:SNDR opened at $29.90 on Wednesday. The firm has a 50-day simple moving average of $30.43 and a 200-day simple moving average of $28.61. Schneider National, Inc. has a one year low of $20.50 and a one year high of $33.90. The firm has a market cap of $5.24 billion, a P/E ratio of 48.22, a P/E/G ratio of 1.90 and a beta of 0.93. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66.

Schneider National (NYSE:SNDR) last posted its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share 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 company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Equities analysts anticipate that Schneider National, Inc. will post 0.7 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on SNDR. Susquehanna lowered their price objective on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. Evercore ISI dropped 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 note on Thursday, November 7th. TD Cowen boosted their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. The Goldman Sachs Group lowered their target price on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. Finally, Benchmark upped their price target on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $29.38.

Schneider National 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.