Schneider National (NYSE:SNDR) Shares Down 3.3% – Time to Sell?

Schneider National, Inc. (NYSE:SNDR) was down 3.3% on Wednesday . The stock traded as low as $22.90 and last traded at $22.92. Approximately 235,545 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 783,633 shares. The stock had previously closed at $23.70.

Analyst Ratings Changes

Several equities analysts recently weighed in on SNDR shares. Benchmark raised their price objective on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Bank of America increased their target price on Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. JPMorgan Chase & Co. lowered their target price on Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Stifel Nicolaus increased their target price on Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. Finally, Wells Fargo & Company increased their target price on Schneider National from $31.00 to $32.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Schneider National presently has an average rating of “Hold” and an average price target of $30.85.

Schneider National Stock Down 2.8 %

The firm has a fifty day moving average price of $27.69 and a 200-day moving average price of $28.72. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The firm has a market cap of $4.04 billion, a price-to-earnings ratio of 35.51, a PEG ratio of 0.54 and a beta of 0.87.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same quarter in the prior year, the firm earned $0.16 earnings per share. As a group, sell-side analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Friday, March 14th will be given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National’s dividend payout ratio (DPR) is presently 58.46%.

Insider Buying and Selling at Schneider National

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $29.04, for a total transaction of $290,400.00. Following the completion of the sale, the insider now owns 95,191 shares of the company’s stock, valued at approximately $2,764,346.64. The trade was a 9.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 32.68% of the stock is owned by company insiders.

Institutional Investors Weigh In On Schneider National

A number of institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its stake in shares of Schneider National by 3.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,410,100 shares of the company’s stock worth $129,128,000 after purchasing an additional 144,133 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Schneider National by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company’s stock worth $127,940,000 after purchasing an additional 172,418 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Schneider National by 14.2% during the fourth quarter. American Century Companies Inc. now owns 2,469,951 shares of the company’s stock worth $72,320,000 after purchasing an additional 306,275 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of Schneider National by 87.8% during the fourth quarter. First Trust Advisors LP now owns 2,200,452 shares of the company’s stock worth $64,429,000 after purchasing an additional 1,028,789 shares in the last quarter. Finally, GW&K Investment Management LLC lifted its stake in shares of Schneider National by 8.7% during the fourth quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company’s stock worth $58,204,000 after purchasing an additional 158,505 shares in the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

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.