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

Schneider National, Inc. (NYSE:SNDRGet Rating) insider Shaleen Devgun sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 15th. The shares were sold at an average price of $25.00, for a total value of $250,000.00. Following the completion of the transaction, the insider now owns 134,497 shares in the company, valued at approximately $3,362,425. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Schneider National Price Performance

SNDR stock opened at $25.15 on Friday. The business has a fifty day moving average of $22.00 and a two-hundred day moving average of $23.01. The company has a quick ratio of 1.86, a current ratio of 1.92 and a debt-to-equity ratio of 0.05. The stock has a market cap of $4.48 billion, a price-to-earnings ratio of 9.31, a price-to-earnings-growth ratio of 1.39 and a beta of 1.01. Schneider National, Inc. has a 52-week low of $20.26 and a 52-week high of $27.50.

Schneider National (NYSE:SNDRGet Rating) last issued its quarterly earnings data on Thursday, October 27th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. Schneider National had a return on equity of 19.14% and a net margin of 7.28%. The business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.73 billion. As a group, research analysts anticipate that Schneider National, Inc. will post 2.62 earnings per share for the current year.

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 10th. Stockholders of record on Friday, December 9th will be paid a $0.08 dividend. The ex-dividend date is Thursday, December 8th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.27%. Schneider National’s payout ratio is presently 11.85%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on SNDR shares. Evercore ISI upgraded Schneider National from an “in-line” rating to an “outperform” rating and set a $28.00 target price on the stock in a research report on Monday, August 22nd. Credit Suisse Group decreased their target price on Schneider National from $29.00 to $28.00 and set an “outperform” rating on the stock in a research report on Friday, October 28th. UBS Group upgraded Schneider National from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $28.00 to $20.00 in a research report on Friday, November 11th. Citigroup reduced their price objective on Schneider National from $26.00 to $24.00 and set a “neutral” rating on the stock in a research report on Friday, October 7th. Finally, Stifel Nicolaus reduced their price objective on Schneider National from $31.00 to $29.00 and set a “buy” rating on the stock in a research report on Wednesday, October 5th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $27.62.

Institutional Investors Weigh In On Schneider National

Institutional investors have recently modified their holdings of the company. Front Row Advisors LLC boosted its holdings in Schneider National by 700.0% in the first quarter. Front Row Advisors LLC now owns 1,016 shares of the company’s stock valued at $26,000 after purchasing an additional 889 shares during the period. Financial Advocates Investment Management purchased a new position in Schneider National in the third quarter valued at $286,000. MetLife Investment Management LLC purchased a new position in Schneider National in the first quarter valued at $26,000. Atlas Capital Advisors LLC purchased a new position in Schneider National in the first quarter valued at $27,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in Schneider National by 420.7% in the third quarter. Rockefeller Capital Management L.P. now owns 1,307 shares of the company’s stock valued at $25,000 after purchasing an additional 1,056 shares during the period. 27.72% of the stock is owned by institutional investors and hedge funds.

About Schneider National

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Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. The company operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers standard long-haul and regional shipping services primarily through dry van, bulk, temperature-controlled, and flat-bed equipment, as well as cross dock and customized solutions for time-sensitive loads.

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