Hills Bank & Trust Co Takes Position in Schneider National, Inc. (NYSE:SNDR)

Hills Bank & Trust Co purchased a new position in Schneider National, Inc. (NYSE:SNDR) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,930 shares of the company’s stock, valued at approximately $112,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in SNDR. Russell Investments Group Ltd. increased its position in shares of Schneider National by 76.5% in the 1st quarter. Russell Investments Group Ltd. now owns 281,747 shares of the company’s stock worth $6,379,000 after purchasing an additional 122,077 shares during the last quarter. Tidal Investments LLC bought a new position in Schneider National during the 1st quarter worth approximately $468,000. BNP Paribas Financial Markets grew its position in shares of Schneider National by 4,602.7% in the 1st quarter. BNP Paribas Financial Markets now owns 135,862 shares of the company’s stock worth $3,076,000 after acquiring an additional 132,973 shares in the last quarter. Quadrature Capital Ltd bought a new stake in shares of Schneider National in the 1st quarter valued at approximately $489,000. Finally, SG Americas Securities LLC raised its position in shares of Schneider National by 244.5% during the 1st quarter. SG Americas Securities LLC now owns 70,335 shares of the company’s stock valued at $1,592,000 after acquiring an additional 49,921 shares in the last quarter. Institutional investors own 28.54% of the company’s stock.

Schneider National Price Performance

Shares of NYSE SNDR opened at $28.41 on Friday. The stock has a market cap of $4.98 billion, a P/E ratio of 43.71, a P/E/G ratio of 2.87 and a beta of 0.85. The firm’s 50-day simple moving average is $27.67 and its 200 day simple moving average is $25.03. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $29.18. The company has a quick ratio of 1.46, a current ratio of 1.59 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. Schneider National had a net margin of 2.18% and a return on equity of 4.08%. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same period in the prior year, the business posted $0.45 EPS. The business’s revenue for the quarter was down 2.2% compared to the same quarter last year. Equities analysts expect that Schneider National, Inc. will post 0.84 EPS for the current year.

Schneider National Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Friday, December 13th. Schneider National’s payout ratio is currently 58.46%.

Analysts Set New Price Targets

SNDR has been the subject of a number of research reports. The Goldman Sachs Group decreased their price objective on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. Benchmark lifted their price target on shares of Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Evercore ISI cut their target price on shares of Schneider National from $28.00 to $27.00 and set an “in-line” rating on the stock in a report on Thursday, October 3rd. JPMorgan Chase & Co. lifted their target price on Schneider National from $24.00 to $30.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. Finally, UBS Group increased their price target on Schneider National from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Tuesday, July 9th. 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 company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $27.08.

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.