Schneider National, Inc. (NYSE:SNDR) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. cut its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 75,165 shares of the company’s stock after selling 2,186 shares during the quarter. Victory Capital Management Inc.’s holdings in Schneider National were worth $2,201,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its position in Schneider National by 0.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 822,060 shares of the company’s stock worth $24,070,000 after acquiring an additional 2,727 shares during the last quarter. SRS Capital Advisors Inc. boosted its holdings in Schneider National by 74.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after purchasing an additional 612 shares during the last quarter. GW&K Investment Management LLC boosted its holdings in Schneider National by 8.7% in the 4th quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company’s stock valued at $58,204,000 after purchasing an additional 158,505 shares during the last quarter. QRG Capital Management Inc. boosted its holdings in Schneider National by 9.0% in the 4th quarter. QRG Capital Management Inc. now owns 138,027 shares of the company’s stock valued at $4,041,000 after purchasing an additional 11,392 shares during the last quarter. Finally, Versor Investments LP boosted its holdings in Schneider National by 64.0% in the 4th quarter. Versor Investments LP now owns 18,714 shares of the company’s stock valued at $548,000 after purchasing an additional 7,300 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on SNDR shares. Stifel Nicolaus boosted their target price on shares of Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. TD Cowen boosted their target price on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Benchmark boosted their target price 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. Wells Fargo & Company boosted their target price on shares of Schneider National from $31.00 to $32.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Finally, JPMorgan Chase & Co. decreased their target price on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $30.85.

Insiders Place Their Bets

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the company’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $29.04, for a total transaction of $290,400.00. Following the sale, the insider now owns 95,191 shares in the company, valued at $2,764,346.64. This represents a 9.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 32.68% of the stock is owned by company insiders.

Schneider National Price Performance

SNDR stock opened at $24.06 on Tuesday. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $4.22 billion, a PE ratio of 37.02, a P/E/G ratio of 0.54 and a beta of 0.87. Schneider National, Inc. has a 12-month low of $20.50 and a 12-month high of $33.90. The business’s fifty day moving average price is $27.80 and its 200 day moving average price is $28.75.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same period in the prior year, the firm posted $0.16 EPS. On average, sell-side analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.095 per share. The ex-dividend date is Friday, March 14th. This represents a $0.38 annualized dividend and a yield of 1.58%. Schneider National’s dividend payout ratio (DPR) is 58.46%.

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.