Sequoia Financial Advisors LLC lessened its holdings in shares of Schneider National, Inc. (NYSE:SNDR – Free Report) by 52.6% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 15,810 shares of the company’s stock after selling 17,573 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schneider National were worth $417,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd lifted its position in Schneider National by 2,425.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock worth $36,000 after buying an additional 1,625 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in Schneider National in the 4th quarter valued at about $47,000. Farther Finance Advisors LLC raised its stake in shares of Schneider National by 155.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,823 shares of the company’s stock worth $48,000 after acquiring an additional 1,110 shares during the last quarter. SJS Investment Consulting Inc. raised its stake in shares of Schneider National by 695.0% in the first quarter. SJS Investment Consulting Inc. now owns 2,059 shares of the company’s stock worth $54,000 after acquiring an additional 1,800 shares during the last quarter. Finally, Quarry LP lifted its position in shares of Schneider National by 36.7% during the third quarter. Quarry LP now owns 3,404 shares of the company’s stock worth $72,000 after purchasing an additional 913 shares in the last quarter. Institutional investors own 28.54% of the company’s stock.
Schneider National Stock Performance
Schneider National stock opened at $38.38 on Wednesday. The company has a current ratio of 1.95, a quick ratio of 1.83 and a debt-to-equity ratio of 0.13. Schneider National, Inc. has a 1 year low of $20.11 and a 1 year high of $39.27. The company has a market cap of $6.72 billion, a PE ratio of 68.54, a PEG ratio of 1.03 and a beta of 1.17. The company’s 50-day moving average is $35.82 and its two-hundred day moving average is $30.85.
Schneider National Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, June 12th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%. Schneider National’s dividend payout ratio (DPR) is presently 71.43%.
Insiders Place Their Bets
In other news, EVP Shaleen Devgun sold 8,352 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $38.59, for a total value of $322,303.68. Following the transaction, the executive vice president directly owned 38,619 shares in the company, valued at $1,490,307.21. This trade represents a 17.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Magnin Shelly A. Dumas sold 2,425 shares of Schneider National stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $30.90, for a total value of $74,932.50. Following the sale, the vice president directly owned 24,697 shares of the company’s stock, valued at approximately $763,137.30. This trade represents a 8.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 31,048 shares of company stock valued at $1,150,304. Company insiders own 23.64% of the company’s stock.
Wall Street Analyst Weigh In
SNDR has been the topic of several research analyst reports. TD Cowen increased their price target on shares of Schneider National from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. boosted their price objective on shares of Schneider National from $26.00 to $31.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Benchmark reaffirmed a “buy” rating on shares of Schneider National in a report on Thursday, July 16th. UBS Group increased their price objective on Schneider National from $25.00 to $27.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Finally, Susquehanna increased their price objective on Schneider National from $36.00 to $39.00 and gave the company a “neutral” rating in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $34.31.
Get Our Latest Analysis on Schneider National
Schneider National Company Profile
Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.
Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.
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