GAMMA Investing LLC Grows Position in Schneider National, Inc. (NYSE:SNDR)

GAMMA Investing LLC raised its position in shares of Schneider National, Inc. (NYSE:SNDR) by 52.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,306 shares of the company’s stock after acquiring an additional 450 shares during the period. GAMMA Investing LLC’s holdings in Schneider National were worth $38,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insider Transactions at Schneider National

In other Schneider National news, EVP Thomas G. Jackson sold 18,248 shares of the firm’s stock in a transaction dated 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 owns 66,526 shares of the company’s stock, valued at approximately $2,200,014.82. This trade represents a 21.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Mark B. Rourke sold 32,057 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total value of $1,061,086.70. Following the completion of the sale, the chief operating officer now owns 266,887 shares of the company’s stock, valued at approximately $8,833,959.70. This represents a 10.72 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, 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.

Schneider National Stock Performance

Shares of Schneider National stock opened at $29.26 on Wednesday. The stock has a market capitalization of $5.13 billion, a price-to-earnings ratio of 47.19, a price-to-earnings-growth ratio of 3.24 and a beta of 0.93. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The business has a 50-day moving average of $30.63 and a 200 day moving average of $28.14. Schneider National, Inc. has a 12 month low of $20.50 and a 12 month high of $33.90.

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

Schneider National Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th were paid a $0.095 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.30%. Schneider National’s dividend payout ratio (DPR) is 61.29%.

Analyst Ratings Changes

Several brokerages recently commented on SNDR. Bank of America increased their price objective on shares of Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. TD Cowen lifted their price target on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Citigroup downgraded shares of Schneider National from a “neutral” rating to a “sell” rating and reduced their price target for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. Susquehanna reduced their target price on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. dropped their target price on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $29.08.

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.