OxFORD Asset Management LLP Has $6.24 Million Stake in Schneider National, Inc. (SNDR)
OxFORD Asset Management LLP lessened its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 33.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 248,331 shares of the company’s stock after selling 123,229 shares during the quarter. OxFORD Asset Management LLP owned approximately 0.14% of Schneider National worth $6,236,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale purchased a new stake in shares of Schneider National during the second quarter valued at approximately $111,000. Legal & General Group Plc purchased a new stake in shares of Schneider National during the second quarter valued at approximately $173,000. Pacer Advisors Inc. purchased a new stake in shares of Schneider National during the third quarter valued at approximately $182,000. Meeder Asset Management Inc. purchased a new stake in shares of Schneider National during the third quarter valued at approximately $195,000. Finally, GSA Capital Partners LLP purchased a new stake in shares of Schneider National during the second quarter valued at approximately $201,000. 21.45% of the stock is owned by hedge funds and other institutional investors.
Shares of Schneider National, Inc. (NYSE:SNDR) traded up $0.21 during trading on Tuesday, hitting $26.76. The company had a trading volume of 808,300 shares, compared to its average volume of 686,874. The company has a quick ratio of 1.93, a current ratio of 2.12 and a debt-to-equity ratio of 0.26. Schneider National, Inc. has a one year low of $17.69 and a one year high of $28.32.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 8th. Shareholders of record on Friday, December 15th will be issued a $0.05 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.20 dividend on an annualized basis and a yield of 0.75%.
SNDR has been the subject of a number of analyst reports. KeyCorp reissued a “hold” rating on shares of Schneider National in a research note on Monday, November 13th. Buckingham Research assumed coverage on Schneider National in a report on Friday, October 20th. They set a “buy” rating and a $29.00 target price for the company. BidaskClub upgraded Schneider National from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 12th. Zacks Investment Research upgraded Schneider National from a “sell” rating to a “hold” rating in a report on Thursday, September 7th. Finally, Robert W. Baird restated a “buy” rating and set a $28.00 target price on shares of Schneider National in a report on Friday, October 6th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $25.11.
In other Schneider National news, insider Steven J. Matheys sold 62,500 shares of the stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $24.20, for a total value of $1,512,500.00. Following the completion of the transaction, the insider now owns 816,014 shares in the company, valued at $19,747,538.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Christopher B. Lofgren sold 600,000 shares of the stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $24.20, for a total value of $14,520,000.00. Following the completion of the transaction, the chief executive officer now owns 1,597,420 shares of the company’s stock, valued at approximately $38,657,564. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,258,500 shares of company stock valued at $30,533,900.
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About Schneider National
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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