Schneider National (NYSE:SNDR) Given Neutral Rating at Bank of America

Bank of America restated their neutral rating on shares of Schneider National (NYSE:SNDR) in a research note published on Friday, MarketBeat Ratings reports. They currently have a $25.00 price target on the stock, down from their prior price target of $34.00.

Several other research analysts have also commented on SNDR. Stephens reiterated 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. JPMorgan Chase & Co. decreased their price objective on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Wells Fargo & Company lowered their target price on shares of Schneider National from $32.00 to $25.00 and set an “equal weight” rating for the company in a research note on Thursday. Stifel Nicolaus raised their price target on shares of Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. Finally, Susquehanna reduced their price objective on Schneider National from $32.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Schneider National has a consensus rating of “Hold” and an average target price of $28.69.

Schneider National Stock Down 3.7 %

SNDR stock opened at $22.61 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The firm has a 50 day simple moving average of $26.70 and a 200-day simple moving average of $28.49. The company has a market capitalization of $3.97 billion, a P/E ratio of 34.79, a PEG ratio of 0.54 and a beta of 0.87. Schneider National has a twelve month low of $20.50 and a twelve month high of $33.90.

Schneider National (NYSE:SNDR) last released its earnings results on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, hitting 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 in the prior year, the company posted $0.16 earnings per share. On average, equities research analysts predict that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be given a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.68%. The ex-dividend date is Friday, March 14th. Schneider National’s dividend payout ratio (DPR) is presently 58.46%.

Institutional Trading of Schneider National

Institutional investors have recently modified their holdings of the company. Vise Technologies Inc. bought a new stake in Schneider National in the fourth quarter worth about $219,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Schneider National by 15.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 151,253 shares of the company’s stock worth $4,429,000 after purchasing an additional 20,779 shares in the last quarter. Woodline Partners LP acquired a new stake in Schneider National during the fourth quarter valued at approximately $8,453,000. Squarepoint Ops LLC bought a new stake in Schneider National during the fourth quarter worth approximately $847,000. Finally, Two Sigma Advisers LP boosted its holdings in Schneider National by 40.4% during 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 in the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

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.