Schneider National, Inc. (NYSE:SNDR) Shares Purchased by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund boosted its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 36.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,848 shares of the company’s stock after purchasing an additional 6,845 shares during the period. Illinois Municipal Retirement Fund’s holdings in Schneider National were worth $757,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. GAMMA Investing LLC increased its holdings in shares of Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after buying an additional 450 shares during the last quarter. Truist Financial Corp grew its position in Schneider National by 0.6% during the fourth quarter. Truist Financial Corp now owns 88,613 shares of the company’s stock valued at $2,595,000 after acquiring an additional 528 shares during the period. Exchange Traded Concepts LLC increased its stake in Schneider National by 2.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company’s stock worth $822,000 after acquiring an additional 710 shares during the last quarter. Principal Securities Inc. raised its holdings in shares of Schneider National by 28.4% in the 4th quarter. Principal Securities Inc. now owns 4,626 shares of the company’s stock worth $135,000 after purchasing an additional 1,022 shares during the period. Finally, Blue Trust Inc. lifted its stake in shares of Schneider National by 489.1% in the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after purchasing an additional 1,350 shares in the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SNDR. Wells Fargo & Company increased their target price on shares of Schneider National from $31.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st. TD Cowen increased their price objective 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. Bank of America lifted their target price on shares of Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Benchmark upped 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 Wednesday, November 27th. Finally, Evercore ISI cut their price objective on Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock 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 assigned a buy rating to the company. Based on data from MarketBeat.com, Schneider National has a consensus rating of “Hold” and an average price target of $30.85.

Insider Transactions at Schneider National

In related news, CAO Robert M. Reich, Jr. sold 6,250 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total transaction of $198,062.50. Following the sale, the chief accounting officer now directly owns 155,366 shares of the company’s stock, valued at approximately $4,923,548.54. This represents a 3.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Shaleen Devgun sold 10,000 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was sold at an average price of $29.04, for a total value of $290,400.00. Following the transaction, the insider now owns 95,191 shares in the company, valued at $2,764,346.64. This trade represents a 9.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 32.68% of the company’s stock.

Schneider National Trading Down 1.2 %

Shares of SNDR opened at $26.07 on Tuesday. Schneider National, Inc. has a one year low of $20.50 and a one year high of $33.90. The stock has a 50-day moving average price of $28.77 and a 200 day moving average price of $28.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The company has a market capitalization of $4.57 billion, a P/E ratio of 40.11, a P/E/G ratio of 0.54 and a beta of 0.93.

Schneider National (NYSE:SNDR) last released its earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, meeting the consensus estimate 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 previous year, the company posted $0.16 earnings per share. Sell-side analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be given a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Friday, March 14th. Schneider National’s payout ratio is currently 58.46%.

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.