Schneider National, Inc. (NYSE:SNDR) Shares Sold by Atria Investments Inc

Atria Investments Inc decreased its holdings in Schneider National, Inc. (NYSE:SNDR) by 2.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,395 shares of the company’s stock after selling 909 shares during the period. Atria Investments Inc’s holdings in Schneider National were worth $1,124,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Schneider National by 10.6% during the first quarter. Vanguard Group Inc. now owns 4,061,994 shares of the company’s stock worth $91,964,000 after purchasing an additional 388,913 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Schneider National by 6.0% during the second quarter. Dimensional Fund Advisors LP now owns 4,013,001 shares of the company’s stock worth $96,953,000 after purchasing an additional 228,661 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Schneider National by 1.1% during the second quarter. Thrivent Financial for Lutherans now owns 2,865,726 shares of the company’s stock worth $69,236,000 after purchasing an additional 30,113 shares in the last quarter. Earnest Partners LLC grew its stake in shares of Schneider National by 25.5% during the second quarter. Earnest Partners LLC now owns 2,166,146 shares of the company’s stock worth $52,334,000 after purchasing an additional 440,545 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Schneider National by 10.9% during the second quarter. American Century Companies Inc. now owns 1,906,179 shares of the company’s stock worth $46,053,000 after purchasing an additional 186,857 shares in the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Trading Down 1.2 %

Shares of Schneider National stock opened at $30.21 on Friday. Schneider National, Inc. has a 52-week low of $20.50 and a 52-week high of $32.14. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The company’s 50-day simple moving average is $28.40 and its 200-day simple moving average is $25.72. The firm has a market cap of $5.29 billion, a price-to-earnings ratio of 48.73, a price-to-earnings-growth ratio of 3.80 and a beta of 0.85.

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

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.26%. Schneider National’s dividend payout ratio (DPR) is 61.29%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on SNDR shares. Evercore ISI reduced their price target on shares of 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. Citigroup cut shares of Schneider National from a “neutral” rating to a “sell” rating and reduced their price target for the company from $32.00 to $30.00 in a research report on Tuesday, November 12th. Benchmark boosted their price target on shares of Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Bank of America raised shares of Schneider National from an “underperform” rating to a “buy” rating and boosted their price target for the company from $27.00 to $34.00 in a research report on Thursday, November 7th. Finally, Robert W. Baird boosted their price target on shares of Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $28.31.

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.