Shaleen Devgun Sells 10,000 Shares of Schneider National, Inc. (NYSE:SNDR) Stock

Schneider National, Inc. (NYSE:SNDR) insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction dated 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 sale, the insider now owns 95,191 shares of the company’s stock, valued at $2,764,346.64. The trade was a 9.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Schneider National Stock Down 0.2 %

NYSE:SNDR opened at $29.54 on Friday. The company’s 50 day moving average is $30.40 and its two-hundred day moving average is $27.55. The company has a market cap of $5.17 billion, a PE ratio of 47.65, a P/E/G ratio of 3.24 and a beta of 0.90. Schneider National, Inc. has a twelve month low of $20.50 and a twelve month high of $33.90. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04.

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

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be issued a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is 61.29%.

Institutional Investors Weigh In On Schneider National

Large investors have recently bought and sold shares of the company. Innealta Capital LLC acquired a new stake in Schneider National during the 2nd quarter valued at approximately $53,000. DekaBank Deutsche Girozentrale purchased a new stake in Schneider National in the third quarter valued at $73,000. Quarry LP acquired a new stake in Schneider National during the 3rd quarter worth about $90,000. SG Americas Securities LLC acquired a new stake in Schneider National during the 3rd quarter worth about $109,000. Finally, Hills Bank & Trust Co acquired a new position in shares of Schneider National in the 3rd quarter valued at about $112,000. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Bank of America boosted their price target on shares of Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. The Goldman Sachs Group dropped their target price on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 9th. Evercore ISI reduced their price target on Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a research report on Thursday, November 7th. TD Cowen raised their price objective on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Finally, Stifel Nicolaus boosted 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 research 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, the stock currently has an average rating of “Hold” and an average target price of $29.08.

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.