Schneider National, Inc. (NYSE:SNDR) EVP Paul J. Kardish sold 85,000 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $25.12, for a total value of $2,135,200.00. Following the completion of the transaction, the executive vice president now directly owns 222,432 shares of the company’s stock, valued at approximately $5,587,491.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Schneider National, Inc. (NYSE SNDR) opened at $24.62 on Wednesday. Schneider National, Inc. has a 52-week low of $17.69 and a 52-week high of $28.32.
Schneider National (NYSE:SNDR) last released its earnings results on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.10 billion. Schneider National had a net margin of 4.32% and a return on equity of 13.37%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.24 EPS.
The company also recently announced 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. This represents a $0.20 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Thursday, December 14th. Schneider National’s dividend payout ratio is presently 22.73%.
Several research analysts have recently issued reports on SNDR shares. KeyCorp reaffirmed a “hold” rating on shares of Schneider National in a research note on Monday. Buckingham Research started coverage on Schneider National in a research note on Friday, October 20th. They issued a “buy” rating and a $29.00 price objective for the company. BidaskClub raised Schneider National from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 12th. Zacks Investment Research raised Schneider National from a “sell” rating to a “hold” rating in a research note on Thursday, September 7th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Schneider National in a research note 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 has a consensus rating of “Buy” and an average target price of $25.11.
A number of large investors have recently added to or reduced their stakes in the business. Oppenheimer Asset Management Inc. acquired a new stake in Schneider National during the 3rd quarter valued at approximately $608,000. Engineers Gate Manager LP acquired a new stake in Schneider National during the 3rd quarter valued at approximately $970,000. Envestnet Asset Management Inc. acquired a new stake in Schneider National during the 3rd quarter valued at approximately $775,000. Lodge Hill Capital LLC acquired a new stake in Schneider National during the 3rd quarter valued at approximately $2,530,000. Finally, Pier Capital LLC acquired a new stake in Schneider National during the 3rd quarter valued at approximately $6,285,000.
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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