Prudential Financial Inc. Sells 9,138 Shares of Schneider National, Inc. (NYSE:SNDR)

Prudential Financial Inc. trimmed its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 16.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 47,417 shares of the company’s stock after selling 9,138 shares during the quarter. Prudential Financial Inc.’s holdings in Schneider National were worth $1,432,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of SNDR. GAMMA Investing LLC lifted its position in Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after acquiring an additional 450 shares in the last quarter. SRS Capital Advisors Inc. raised its stake in shares of 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 period. Blue Trust Inc. lifted its holdings in shares of Schneider National by 489.1% in the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after purchasing an additional 1,350 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new position in shares of Schneider National during the fourth quarter worth about $59,000. Finally, Quarry LP bought a new position in shares of Schneider National during the third quarter worth about $90,000. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SNDR has been the topic of a number of recent research reports. Stephens reiterated an “equal weight” rating and issued a $30.00 price objective (down from $32.00) on shares of Schneider National in a report on Monday, February 3rd. National Bankshares set a $25.00 price target on shares of Schneider National in a research report on Friday, March 28th. JPMorgan Chase & Co. decreased their price objective on Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Wells Fargo & Company dropped their target price on Schneider National from $32.00 to $25.00 and set an “equal weight” rating on the stock in a report on Thursday, March 27th. Finally, Stifel Nicolaus increased their price target on Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $28.43.

Schneider National Trading Down 1.1 %

Shares of NYSE:SNDR opened at $21.65 on Friday. Schneider National, Inc. has a 12-month low of $20.50 and a 12-month high of $33.90. The business has a 50 day moving average of $25.99 and a 200-day moving average of $28.32. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The stock has a market cap of $3.80 billion, a PE ratio of 33.30, a P/E/G ratio of 0.54 and a beta of 1.10.

Schneider National (NYSE:SNDR) last released its quarterly earnings results 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 earnings per share. As a group, equities research analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National’s dividend payout ratio is 58.46%.

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.