Strs Ohio Decreases Stock Position in Schneider National, Inc. (NYSE:SNDR)

Strs Ohio decreased its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 24.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,951 shares of the company’s stock after selling 23,071 shares during the quarter. Strs Ohio’s holdings in Schneider National were worth $1,856,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Schneider National by 5.4% during the 1st quarter. Vanguard Group Inc. now owns 4,816,076 shares of the company’s stock worth $122,810,000 after purchasing an additional 244,894 shares during the last quarter. BlackRock Inc. lifted its holdings in Schneider National by 3.0% during the 3rd quarter. BlackRock Inc. now owns 4,280,609 shares of the company’s stock worth $86,896,000 after buying an additional 124,043 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Schneider National by 8.2% during the 4th quarter. AQR Capital Management LLC now owns 3,008,023 shares of the company’s stock worth $70,388,000 after acquiring an additional 227,164 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Schneider National by 4.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,860,879 shares of the company’s stock valued at $76,524,000 after acquiring an additional 109,800 shares during the last quarter. Finally, Morgan Stanley raised its position in shares of Schneider National by 14.3% during the 4th quarter. Morgan Stanley now owns 2,379,638 shares of the company’s stock worth $55,684,000 after acquiring an additional 297,850 shares in the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Trading Up 2.7 %

Shares of SNDR stock opened at $21.27 on Friday. The business’s 50 day moving average is $22.71 and its two-hundred day moving average is $23.92. Schneider National, Inc. has a twelve month low of $20.50 and a twelve month high of $31.74. The company has a current ratio of 1.83, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $3.74 billion, a P/E ratio of 15.99, a price-to-earnings-growth ratio of 1.37 and a beta of 0.89.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, February 1st. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). The firm had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Schneider National had a net margin of 4.34% and a return on equity of 8.23%. The business’s quarterly revenue was down 12.2% on a year-over-year basis. During the same quarter last year, the business earned $0.64 earnings per share. Equities analysts forecast that Schneider National, Inc. will post 1.09 EPS for the current year.

Schneider National Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Friday, March 8th were issued a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date was Thursday, March 7th. This is a positive change from Schneider National’s previous quarterly dividend of $0.09. Schneider National’s payout ratio is currently 28.57%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on SNDR shares. Susquehanna dropped their price target on shares of Schneider National from $27.00 to $25.00 and set a “neutral” rating on the stock in a research note on Monday, March 25th. TD Cowen dropped their target price on shares of Schneider National from $28.00 to $26.00 and set an “outperform” rating on the stock in a research report on Friday, February 2nd. Benchmark reaffirmed a “buy” rating and issued a $27.00 target price on shares of Schneider National in a research report on Friday, April 12th. Evercore ISI lowered Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 price objective on the stock. in a report on Thursday, January 4th. Finally, Robert W. Baird dropped their price objective on Schneider National from $29.00 to $27.00 and set an “outperform” rating on the stock in a report on Thursday, April 4th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $28.07.

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.