Principal Financial Group Inc. acquired a new position in shares of Schneider National Inc (NYSE:SNDR) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 9,634 shares of the company’s stock, valued at approximately $251,000.

Other hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN increased its holdings in shares of Schneider National by 32.6% during the 1st quarter. Wells Fargo & Company MN now owns 158,675 shares of the company’s stock worth $4,136,000 after buying an additional 39,030 shares during the last quarter. Alps Advisors Inc. acquired a new stake in Schneider National during the 1st quarter worth $461,000. Trexquant Investment LP acquired a new stake in Schneider National during the 1st quarter worth $280,000. Victory Capital Management Inc. acquired a new stake in Schneider National during the 1st quarter worth $2,106,000. Finally, Suffolk Capital Management LLC raised its stake in Schneider National by 57.1% during the 1st quarter. Suffolk Capital Management LLC now owns 33,000 shares of the company’s stock worth $860,000 after acquiring an additional 12,000 shares in the last quarter. Hedge funds and other institutional investors own 24.09% of the company’s stock.

Several equities research analysts recently commented on SNDR shares. ValuEngine upgraded shares of Schneider National from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd. Zacks Investment Research upgraded shares of Schneider National from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a research note on Wednesday, May 2nd. Stifel Nicolaus started coverage on shares of Schneider National in a research note on Friday, June 29th. They set a “hold” rating and a $29.00 price target on the stock. Morgan Stanley lifted their price target on shares of Schneider National from $36.00 to $37.00 and gave the stock an “overweight” rating in a research note on Friday, August 3rd. Finally, Bank of America lowered shares of Schneider National from a “buy” rating to an “underperform” rating and cut their price target for the stock from $35.00 to $27.00 in a research note on Thursday, August 9th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $30.67.

NYSE SNDR opened at $26.79 on Wednesday. The company has a current ratio of 2.41, a quick ratio of 2.27 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $4.69 billion, a price-to-earnings ratio of 28.50, a price-to-earnings-growth ratio of 1.34 and a beta of 0.89. Schneider National Inc has a one year low of $22.15 and a one year high of $30.52.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, August 2nd. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.04. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.21 billion. Schneider National had a net margin of 9.28% and a return on equity of 11.61%. Schneider National’s quarterly revenue was up 15.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.23 earnings per share. equities analysts anticipate that Schneider National Inc will post 1.52 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 8th. Shareholders of record on Friday, September 14th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $0.24 dividend on an annualized basis and a yield of 0.90%. Schneider National’s dividend payout ratio is presently 25.53%.

In other Schneider National news, insider Steven J. Matheys sold 30,000 shares of Schneider National stock in a transaction on Thursday, August 2nd. The shares were sold at an average price of $26.95, for a total value of $808,500.00. Following the transaction, the insider now directly owns 778,897 shares in the company, valued at $20,991,274.15. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 43.46% of the company’s stock.

Schneider National Company Profile

Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, final mile delivery, and customized solutions for time-sensitive loads.

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Institutional Ownership by Quarter for Schneider National (NYSE:SNDR)

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