Susquehanna Fundamental Investments LLC Boosts Position in Schneider National, Inc. (NYSE:SNDR)

Susquehanna Fundamental Investments LLC grew its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 1.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 76,449 shares of the company’s stock after buying an additional 1,341 shares during the period. Susquehanna Fundamental Investments LLC’s holdings in Schneider National were worth $1,847,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Innealta Capital LLC purchased a new stake in Schneider National in the second quarter worth $53,000. Hilltop National Bank grew its stake in Schneider National by 28.5% in the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock worth $74,000 after purchasing an additional 676 shares during the period. Covestor Ltd grew its stake in Schneider National by 51.9% in the first quarter. Covestor Ltd now owns 7,661 shares of the company’s stock worth $173,000 after purchasing an additional 2,617 shares during the period. TFO Wealth Partners LLC grew its stake in Schneider National by 78,622.2% in the fourth quarter. TFO Wealth Partners LLC now owns 7,085 shares of the company’s stock worth $180,000 after purchasing an additional 7,076 shares during the period. Finally, FCG Investment Co purchased a new stake in Schneider National in the first quarter worth $205,000. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Stock Up 0.7 %

SNDR stock opened at $28.54 on Tuesday. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $29.01. The business’s 50-day moving average is $27.16 and its two-hundred day moving average is $24.11. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.59. The company has a market cap of $5.01 billion, a price-to-earnings ratio of 32.43, a P/E/G ratio of 2.61 and a beta of 0.85.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, August 1st. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. Schneider National had a return on equity of 4.08% and a net margin of 2.18%. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter in the prior year, the company earned $0.45 earnings per share. Schneider National’s revenue was down 2.2% on a year-over-year basis. As a group, analysts forecast that Schneider National, Inc. will post 0.85 earnings per share for the current year.

Schneider National Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 8th. Shareholders of record on Friday, September 13th will be issued a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Friday, September 13th. Schneider National’s dividend payout ratio is 43.18%.

Insider Buying and Selling at Schneider National

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of $27.60, for a total value of $276,000.00. Following the transaction, the insider now owns 55,726 shares of the company’s stock, valued at $1,538,037.60. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 32.68% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SNDR. Benchmark upped their price target on Schneider National from $27.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. UBS Group upped their price target on Schneider National from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, July 9th. Stifel Nicolaus cut Schneider National from a “buy” rating to a “hold” rating and set a $25.00 target price on the stock. in a research note on Thursday, August 8th. Bank of America cut Schneider National from a “neutral” rating to an “underperform” rating and set a $23.00 target price on the stock. in a research note on Monday, July 22nd. Finally, Robert W. Baird increased their target price on Schneider National from $26.00 to $30.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $27.31.

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.