Occudo Quantitative Strategies LP Makes New $217,000 Investment in Schneider National, Inc. (NYSE:SNDR)

Occudo Quantitative Strategies LP acquired a new position in Schneider National, Inc. (NYSE:SNDR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,416 shares of the company’s stock, valued at approximately $217,000.

Several other large investors have also recently bought and sold shares of SNDR. First Trust Advisors LP raised its position in Schneider National by 87.8% in the fourth quarter. First Trust Advisors LP now owns 2,200,452 shares of the company’s stock worth $64,429,000 after acquiring an additional 1,028,789 shares in the last quarter. American Century Companies Inc. raised its position in Schneider National by 14.2% in the fourth quarter. American Century Companies Inc. now owns 2,469,951 shares of the company’s stock worth $72,320,000 after acquiring an additional 306,275 shares in the last quarter. Balyasny Asset Management L.P. increased its position in shares of Schneider National by 4,324.1% in the fourth quarter. Balyasny Asset Management L.P. now owns 312,562 shares of the company’s stock valued at $9,152,000 after buying an additional 305,497 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Schneider National in the fourth quarter valued at $5,349,000. Finally, Vanguard Group Inc. increased its position in shares of Schneider National by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company’s stock valued at $127,940,000 after buying an additional 172,418 shares in the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Trading Up 0.6%

Schneider National stock opened at $24.41 on Friday. The stock has a 50-day moving average price of $22.81 and a 200 day moving average price of $27.14. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. Schneider National, Inc. has a 52 week low of $20.59 and a 52 week high of $33.90. The stock has a market cap of $4.28 billion, a PE ratio of 37.55, a P/E/G ratio of 0.54 and a beta of 1.11.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period last year, the company earned $0.11 EPS. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. Equities research analysts predict that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Friday, June 13th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend is Friday, June 13th. Schneider National’s payout ratio is 54.29%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. National Bankshares set a $25.00 price target on Schneider National in a research report on Friday, March 28th. UBS Group dropped their price target on Schneider National from $32.00 to $25.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. Evercore ISI dropped their price target on Schneider National from $23.00 to $22.00 and set an “in-line” rating for the company in a research report on Friday, May 2nd. Benchmark dropped their price target on Schneider National from $34.00 to $31.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Finally, Citigroup upgraded Schneider National from a “sell” rating to a “neutral” rating and dropped their price target for the company from $25.00 to $23.00 in a research report on Tuesday, April 8th. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $26.50.

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.