Schneider National, Inc. (NYSE:SNDR) Position Lifted by Goodman Financial Corp

Goodman Financial Corp raised its position in Schneider National, Inc. (NYSE:SNDR) by 1.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 520,185 shares of the company’s stock after buying an additional 5,506 shares during the period. Schneider National comprises about 3.3% of Goodman Financial Corp’s portfolio, making the stock its 7th largest holding. Goodman Financial Corp’s holdings in Schneider National were worth $14,846,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SNDR. FMR LLC grew its holdings in shares of Schneider National by 44.5% during the third quarter. FMR LLC now owns 27,904 shares of the company’s stock worth $796,000 after buying an additional 8,593 shares in the last quarter. Cerity Partners LLC boosted its position in Schneider National by 19.2% during the third quarter. Cerity Partners LLC now owns 58,447 shares of the company’s stock worth $1,668,000 after acquiring an additional 9,419 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Schneider National by 11.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 819,333 shares of the company’s stock valued at $23,384,000 after acquiring an additional 83,439 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in Schneider National by 10.4% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 695,533 shares of the company’s stock valued at $19,851,000 after acquiring an additional 65,720 shares during the last quarter. Finally, Commerce Bank lifted its stake in Schneider National by 87.9% in the 3rd quarter. Commerce Bank now owns 16,075 shares of the company’s stock worth $459,000 after purchasing an additional 7,520 shares in the last quarter. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on SNDR. Robert W. Baird upped their price target on Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. TD Cowen upped their target price on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday. The Goldman Sachs Group reduced their price target on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. Susquehanna dropped their price objective on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Finally, Citigroup cut shares of Schneider National from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. One research 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’s stock. According to data from MarketBeat, Schneider National has a consensus rating of “Hold” and a consensus price target of $28.46.

Schneider National Stock Up 0.5 %

NYSE:SNDR opened at $32.17 on Tuesday. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $32.71. The stock’s fifty day moving average is $28.87 and its two-hundred day moving average is $26.13. The stock has a market capitalization of $5.64 billion, a price-to-earnings ratio of 51.66, a price-to-earnings-growth ratio of 3.83 and a beta of 0.85. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR) last posted its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate 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. Research analysts anticipate that Schneider National, Inc. will post 0.7 EPS for the current year.

Schneider National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Friday, December 13th. Schneider National’s payout ratio is 61.29%.

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.