Barclays PLC Has $631,000 Stock Holdings in Schneider National, Inc. (NYSE:SNDR)

Barclays PLC decreased its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 59.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,118 shares of the company’s stock after selling 32,023 shares during the quarter. Barclays PLC’s holdings in Schneider National were worth $631,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SNDR. MML Investors Services LLC grew its stake in shares of Schneider National by 12.9% in the third quarter. MML Investors Services LLC now owns 26,987 shares of the company’s stock valued at $770,000 after buying an additional 3,093 shares in the last quarter. Orion Portfolio Solutions LLC grew its position in shares of Schneider National by 52.1% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 55,207 shares of the company’s stock valued at $1,576,000 after acquiring an additional 18,908 shares during the period. State Street Corp grew its position in shares of Schneider National by 75.4% in the 3rd quarter. State Street Corp now owns 1,730,769 shares of the company’s stock valued at $49,545,000 after acquiring an additional 743,800 shares during the period. Stifel Financial Corp raised its holdings in shares of Schneider National by 7.0% in the 3rd quarter. Stifel Financial Corp now owns 98,155 shares of the company’s stock valued at $2,801,000 after purchasing an additional 6,415 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in shares of Schneider National by 41.9% in the 3rd quarter. Quantinno Capital Management LP now owns 60,657 shares of the company’s stock valued at $1,731,000 after purchasing an additional 17,924 shares during the period. Institutional investors own 28.54% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Robert M. Reich, Jr. sold 6,250 shares of the company’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total transaction of $198,062.50. Following the sale, the chief accounting officer now owns 155,366 shares in the company, valued at $4,923,548.54. This represents a 3.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shaleen Devgun sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $29.04, for a total value of $290,400.00. Following the completion of the transaction, the insider now directly owns 95,191 shares in the company, valued at approximately $2,764,346.64. This trade represents a 9.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 66,555 shares of company stock valued at $2,153,011. 32.68% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have issued reports on the company. JPMorgan Chase & Co. dropped their price objective on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Benchmark increased their price target on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. 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. Susquehanna dropped their price objective on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Finally, Stifel Nicolaus lifted their target price on shares of Schneider National from $25.00 to $27.00 and gave the stock a “hold” rating in a report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Schneider National presently has a consensus rating of “Hold” and a consensus price target of $29.08.

Schneider National Stock Performance

NYSE SNDR opened at $29.28 on Thursday. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $33.90. The stock has a market cap of $5.13 billion, a PE ratio of 47.23, a PEG ratio of 3.24 and a beta of 0.89. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The firm’s fifty day moving average price is $30.48 and its two-hundred day moving average price is $27.73.

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

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be given a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s dividend payout ratio is currently 61.29%.

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.