Empowered Funds LLC Invests $365,000 in Schneider National, Inc. (NYSE:SNDR)

Empowered Funds LLC purchased a new stake in shares of Schneider National, Inc. (NYSE:SNDR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 12,450 shares of the company’s stock, valued at approximately $365,000.

Other large investors also recently bought and sold shares of the company. SG Americas Securities LLC purchased a new position in Schneider National in the third quarter valued at $109,000. Creative Planning raised its holdings in Schneider National by 8.6% in the 3rd quarter. Creative Planning now owns 27,776 shares of the company’s stock worth $793,000 after purchasing an additional 2,205 shares during the period. Raymond James & Associates boosted its position in Schneider National by 5.3% during the third quarter. Raymond James & Associates now owns 192,965 shares of the company’s stock worth $5,507,000 after purchasing an additional 9,775 shares in the last quarter. Signaturefd LLC increased its position in shares of Schneider National by 88.1% in the third quarter. Signaturefd LLC now owns 12,004 shares of the company’s stock valued at $343,000 after buying an additional 5,623 shares in the last quarter. Finally, Louisiana State Employees Retirement System purchased a new stake in shares of Schneider National in the third quarter valued at approximately $648,000. 28.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on SNDR shares. Citigroup cut shares of Schneider National from a “neutral” rating to a “sell” rating and dropped their price target for the company from $32.00 to $30.00 in a research note on Tuesday, November 12th. Susquehanna increased their target price on Schneider National from $31.00 to $32.00 and gave the company a “neutral” rating in a report on Friday, January 31st. Benchmark boosted their price target on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Stifel Nicolaus increased their target price on shares of Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. Finally, Stephens reissued an “equal weight” rating and issued a $30.00 target price (down from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $30.85.

Insider Activity at Schneider National

In related news, insider Shaleen Devgun sold 10,000 shares of the firm’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 completion of the transaction, the insider now directly owns 95,191 shares in the company, valued at $2,764,346.64. This trade represents a 9.51 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Robert M. Reich, Jr. sold 6,250 shares of the business’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 trade represents a 3.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 66,555 shares of company stock worth $2,153,011. Insiders own 32.68% of the company’s stock.

Schneider National Stock Performance

Shares of Schneider National stock opened at $27.07 on Friday. The firm has a market cap of $4.74 billion, a PE ratio of 41.64, a price-to-earnings-growth ratio of 0.55 and a beta of 0.93. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $33.90. The business’s fifty day simple moving average is $29.24 and its 200-day simple moving average is $28.90.

Schneider National (NYSE:SNDR) last issued 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 net margin of 2.21% and a return on equity of 4.12%. During the same period last year, the company posted $0.16 EPS. Equities analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.40%. Schneider National’s payout ratio is currently 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.