Schneider National (NYSE:SNDR) Given New $25.00 Price Target at Wells Fargo & Company

Schneider National (NYSE:SNDR) had its price target decreased by Wells Fargo & Company from $32.00 to $25.00 in a report released on Thursday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the stock.

A number of other equities analysts have also recently commented on SNDR. Stifel Nicolaus boosted their price target on shares of Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Benchmark upped their target price on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Susquehanna lowered their price target on Schneider National from $32.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. cut 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. Finally, Stephens restated an “equal weight” rating and issued a $30.00 target price (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $29.69.

Schneider National Stock Up 0.1 %

Shares of NYSE:SNDR opened at $23.47 on Thursday. The firm has a fifty day moving average price of $26.84 and a two-hundred day moving average price of $28.52. The company has a market cap of $4.12 billion, a price-to-earnings ratio of 36.11, a PEG ratio of 0.54 and a beta of 0.87. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. Schneider National has a one year low of $20.50 and a one year high of $33.90.

Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same period last year, the company posted $0.16 EPS. Analysts anticipate that Schneider National will post 1.12 EPS for the current fiscal 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 issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a yield of 1.62%. Schneider National’s dividend payout ratio is presently 58.46%.

Institutional Investors Weigh In On Schneider National

Several institutional investors and hedge funds have recently bought and sold shares of SNDR. Vise Technologies Inc. purchased a new stake in Schneider National in the fourth quarter worth $219,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Schneider National by 15.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 151,253 shares of the company’s stock valued at $4,429,000 after buying an additional 20,779 shares during the period. Woodline Partners LP purchased a new position in shares of Schneider National during the fourth quarter valued at about $8,453,000. Squarepoint Ops LLC bought a new position in Schneider National in the fourth quarter worth about $847,000. Finally, Two Sigma Advisers LP lifted its holdings in Schneider National by 40.4% in the fourth quarter. Two Sigma Advisers LP now owns 702,900 shares of the company’s stock worth $20,581,000 after buying an additional 202,100 shares during the period. Hedge funds and other institutional investors own 28.54% of the company’s stock.

About Schneider National

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.