Future Financial Wealth Managment LLC Buys New Stake in Schneider National, Inc. (NYSE:SNDR)

Future Financial Wealth Managment LLC purchased a new stake in Schneider National, Inc. (NYSE:SNDR) in the 4th quarter, HoldingsChannel reports. The fund purchased 2,000 shares of the company’s stock, valued at approximately $59,000.

Several other hedge funds also recently added to or reduced their stakes in SNDR. GAMMA Investing LLC raised its position in shares of Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after purchasing an additional 450 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in Schneider National during the third quarter valued at approximately $73,000. Quarry LP acquired a new position in shares of Schneider National in the 3rd quarter worth approximately $90,000. SG Americas Securities LLC bought a new stake in shares of Schneider National during the 3rd quarter valued at about $109,000. Finally, Hills Bank & Trust Co bought a new stake in shares of Schneider National in the 3rd quarter worth approximately $112,000. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Stock Up 2.2 %

SNDR stock traded up $0.61 during mid-day trading on Monday, hitting $28.87. The stock had a trading volume of 198,784 shares, compared to its average volume of 643,029. Schneider National, Inc. has a 1-year low of $20.50 and a 1-year high of $33.90. The company has a fifty day moving average of $30.63 and a 200 day moving average of $28.10. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $5.06 billion, a price-to-earnings ratio of 46.56, a PEG ratio of 3.24 and a beta of 0.93.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. On average, equities analysts expect that Schneider National, Inc. will post 0.7 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th were issued a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend was Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is presently 61.29%.

Insiders Place Their Bets

In other Schneider National news, COO Mark B. Rourke sold 32,057 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the sale, the chief operating officer now directly owns 266,887 shares of the company’s stock, valued at approximately $8,833,959.70. This represents a 10.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Thomas G. Jackson sold 18,248 shares of Schneider National stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total transaction of $603,461.36. Following the completion of the transaction, the executive vice president now owns 66,526 shares of the company’s stock, valued at $2,200,014.82. This trade represents a 21.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 66,555 shares of company stock worth $2,153,011 in the last ninety days. Insiders own 32.68% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. reduced their price target on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Evercore ISI cut their price target on Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a report on Thursday, November 7th. Bank of America increased their price target on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. TD Cowen boosted their price target on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, Citigroup lowered Schneider National from a “neutral” rating to a “sell” rating and lowered their target price for the stock from $32.00 to $30.00 in a report on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $29.08.

Schneider National 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.