Schneider National, Inc. (NYSE:SNDR) Shares Purchased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. grew its holdings in Schneider National, Inc. (NYSE:SNDR) by 1.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,941 shares of the company’s stock after acquiring an additional 1,424 shares during the period. Oppenheimer Asset Management Inc. owned about 0.07% of Schneider National worth $3,280,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company grew its stake in shares of Schneider National by 3.6% during the second quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock worth $342,000 after purchasing an additional 493 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in shares of Schneider National by 3.2% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock valued at $451,000 after acquiring an additional 618 shares during the period. Hilltop National Bank raised its holdings in shares of Schneider National by 28.5% in the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after buying an additional 676 shares during the last quarter. California State Teachers Retirement System raised its stake in Schneider National by 1.7% during the 1st quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock valued at $1,265,000 after acquiring an additional 958 shares during the last quarter. Finally, Comerica Bank raised its stake in shares of Schneider National by 11.8% during the first quarter. Comerica Bank now owns 12,283 shares of the company’s stock worth $278,000 after purchasing an additional 1,297 shares during the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on SNDR. TD Cowen raised their price objective on shares of Schneider National from $28.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. dropped their target price 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. Benchmark boosted their price target on Schneider National from $27.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. Robert W. Baird raised their price objective on Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. Finally, Bank of America upgraded Schneider National from an “underperform” rating to a “buy” rating and raised their price target for the company from $27.00 to $34.00 in a research report on Thursday, November 7th. One investment 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. Based on data from MarketBeat, Schneider National currently has an average rating of “Hold” and a consensus price target of $28.31.

Schneider National Trading Down 1.2 %

Shares of Schneider National stock opened at $30.21 on Friday. The firm has a market cap of $5.29 billion, a PE ratio of 48.73, a P/E/G ratio of 3.80 and a beta of 0.85. The business’s fifty day moving average is $28.40 and its two-hundred day moving average is $25.68. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $32.14. 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 announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share 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 company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Analysts anticipate that Schneider National, Inc. will post 0.7 earnings per share for the current year.

Schneider National Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be given a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.26%. The ex-dividend date is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is currently 61.29%.

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.