Sei Investments Co. Sells 26,238 Shares of Schneider National, Inc. (NYSE:SNDR)

Sei Investments Co. decreased its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 5.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 496,188 shares of the company’s stock after selling 26,238 shares during the period. Sei Investments Co. owned 0.28% of Schneider National worth $14,528,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its position in shares of Schneider National by 52.6% in the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after acquiring an additional 450 shares during the period. SRS Capital Advisors Inc. lifted its stake in Schneider National by 74.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock worth $42,000 after purchasing an additional 612 shares in the last quarter. Blue Trust Inc. boosted its holdings in Schneider National by 489.1% in the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after purchasing an additional 1,350 shares during the period. Future Financial Wealth Managment LLC purchased a new position in shares of Schneider National during the 4th quarter valued at $59,000. Finally, Quarry LP bought a new position in shares of Schneider National in the third quarter worth $90,000. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Stifel Nicolaus lifted their price objective on Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. Stephens reissued an “equal weight” rating and set a $30.00 price objective (down previously from $32.00) on shares of Schneider National in a report on Monday, February 3rd. Susquehanna cut their target price on shares of Schneider National from $32.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday. Wells Fargo & Company lowered their price target on Schneider National from $32.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Thursday. Finally, Bank of America reiterated a “neutral” rating and issued a $25.00 price objective (down from $34.00) on shares of Schneider National in a report on Friday. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $28.69.

Schneider National Price Performance

Shares of Schneider National stock opened at $22.61 on Friday. The stock has a market capitalization of $3.97 billion, a P/E ratio of 34.79, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87. Schneider National, Inc. has a one year low of $20.50 and a one year high of $33.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The business’s 50 day simple moving average is $26.70 and its two-hundred day simple moving average is $28.49.

Schneider National (NYSE:SNDR) last issued its earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same period in the prior year, the business earned $0.16 EPS. Analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.68%. Schneider National’s dividend payout ratio is currently 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.