International Assets Investment Management LLC Purchases 18,242 Shares of Schneider National, Inc. (NYSE:SNDR)

International Assets Investment Management LLC lifted its position in shares of Schneider National, Inc. (NYSE:SNDR) by 2,156.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,088 shares of the company’s stock after purchasing an additional 18,242 shares during the period. International Assets Investment Management LLC’s holdings in Schneider National were worth $486,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in SNDR. Bruce G. Allen Investments LLC bought a new position in shares of Schneider National during the fourth quarter valued at about $29,000. Whittier Trust Co. bought a new position in shares of Schneider National during the third quarter valued at about $35,000. Winch Advisory Services LLC lifted its position in shares of Schneider National by 61.6% during the third quarter. Winch Advisory Services LLC now owns 1,320 shares of the company’s stock valued at $37,000 after purchasing an additional 503 shares in the last quarter. Quent Capital LLC lifted its position in shares of Schneider National by 64.0% during the fourth quarter. Quent Capital LLC now owns 1,815 shares of the company’s stock valued at $46,000 after purchasing an additional 708 shares in the last quarter. Finally, CWM LLC lifted its position in shares of Schneider National by 155.5% during the third quarter. CWM LLC now owns 2,808 shares of the company’s stock valued at $78,000 after purchasing an additional 1,709 shares in the last quarter. 28.54% of the stock is owned by institutional investors.

Schneider National Price Performance

Shares of NYSE:SNDR opened at $21.30 on Friday. The company has a 50 day moving average of $22.46 and a 200 day moving average of $23.78. The stock has a market cap of $3.75 billion, a P/E ratio of 16.02, a P/E/G ratio of 1.41 and a beta of 0.89. Schneider National, Inc. has a 12 month low of $20.50 and a 12 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.

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

Schneider National Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Friday, March 8th were paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend was Thursday, March 7th. This is a boost from Schneider National’s previous quarterly dividend of $0.09. Schneider National’s payout ratio is currently 28.57%.

Wall Street Analysts Forecast Growth

SNDR has been the topic of several research reports. Evercore ISI lowered shares of Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 price objective on the stock. in a research report on Thursday, January 4th. Stifel Nicolaus lowered their price objective on shares of Schneider National from $27.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, April 18th. Bank of America lowered their price objective on shares of Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a research report on Monday, April 15th. Susquehanna lowered their price objective on shares of Schneider National from $27.00 to $25.00 and set a “neutral” rating on the stock in a research report on Monday, March 25th. Finally, Benchmark reaffirmed a “buy” rating and issued a $27.00 price objective on shares of Schneider National in a research report on Friday, April 12th. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $28.07.

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.