Schneider National, Inc. (NYSE:SNDR) Holdings Increased by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC increased its position in Schneider National, Inc. (NYSE:SNDR) by 4,856.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,379 shares of the company’s stock after buying an additional 2,331 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Schneider National were worth $69,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SNDR. Arrowstreet Capital Limited Partnership grew its holdings in shares of Schneider National by 56.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 176,047 shares of the company’s stock worth $5,155,000 after acquiring an additional 63,587 shares during the last quarter. Orion Portfolio Solutions LLC lifted its position in shares of Schneider National by 1.7% in the 4th quarter. Orion Portfolio Solutions LLC now owns 56,123 shares of the company’s stock valued at $1,643,000 after acquiring an additional 916 shares in the last quarter. Pictet Asset Management Holding SA acquired a new position in Schneider National in the 4th quarter worth approximately $266,000. JPMorgan Chase & Co. grew its position in Schneider National by 131.7% during the 4th quarter. JPMorgan Chase & Co. now owns 158,658 shares of the company’s stock worth $4,646,000 after purchasing an additional 90,173 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Schneider National by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company’s stock valued at $127,940,000 after purchasing an additional 172,418 shares during the period. Institutional investors own 28.54% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on SNDR shares. Citigroup raised Schneider National from a “sell” rating to a “neutral” rating and decreased their target price for the stock from $25.00 to $23.00 in a research report on Tuesday. National Bankshares set a $25.00 target price on Schneider National in a research note on Friday, March 28th. Stephens reissued an “equal weight” rating and issued a $30.00 price target (down from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Stifel Nicolaus boosted their price objective on shares of Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. cut their target price on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Ten research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $27.93.

Schneider National Stock Performance

SNDR opened at $21.05 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The company has a market cap of $3.69 billion, a PE ratio of 32.38, a price-to-earnings-growth ratio of 0.54 and a beta of 1.10. The stock has a 50-day moving average of $25.47 and a 200-day moving average of $28.17. Schneider National, Inc. has a 52-week low of $20.50 and a 52-week high of $33.90.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same quarter in the prior year, the firm earned $0.16 EPS. As a group, equities research analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be paid a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 annualized dividend and a yield of 1.81%. Schneider National’s payout ratio is 58.46%.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.