Schneider National Inc (SNDR) EVP Paul J. Kardish Sells 85,000 Shares
Schneider National Inc (NASDAQ:SNDR) EVP Paul J. Kardish sold 85,000 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $25.12, for a total transaction of $2,135,200.00. Following the transaction, the executive vice president now directly owns 222,432 shares of the company’s stock, valued at $5,587,491.84. The sale was disclosed in a document filed with the SEC, which is available through this link.
Shares of Schneider National Inc (NASDAQ SNDR) opened at $24.57 on Tuesday. Schneider National Inc has a 52-week low of $17.69 and a 52-week high of $28.32.
Schneider National (NASDAQ:SNDR) last issued its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.02). The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.10 billion. Schneider National had a net margin of 4.32% and a return on equity of 13.37%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 earnings per share.
The business also recently declared a quarterly dividend, which will be paid on Monday, January 8th. Shareholders of record on Friday, December 15th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.81%.
Hedge funds have recently added to or reduced their stakes in the business. DekaBank Deutsche Girozentrale bought a new stake in shares of Schneider National during the 2nd quarter worth about $111,000. Pacer Advisors Inc. bought a new stake in shares of Schneider National during the 3rd quarter worth about $182,000. Meeder Asset Management Inc. bought a new stake in shares of Schneider National during the 3rd quarter worth about $195,000. Legal & General Group Plc bought a new stake in shares of Schneider National during the 2nd quarter worth about $173,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Schneider National during the 3rd quarter worth about $207,000.
A number of research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Schneider National from a “sell” rating to a “hold” rating in a research report on Tuesday, August 29th. Morgan Stanley raised their price target on shares of Schneider National from $26.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 8th. KeyCorp assumed coverage on shares of Schneider National in a research report on Tuesday, October 10th. They issued a “sector weight” rating on the stock. UBS AG restated a “buy” rating and issued a $30.00 price target (up from $24.00) on shares of Schneider National in a research report on Friday, September 29th. Finally, BidaskClub downgraded shares of Schneider National from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 7th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $25.11.
Schneider National Company Profile
Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.
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