Los Angeles Capital Management & Equity Research Inc. lessened its holdings in shares of Schneider National Inc (NYSE:SNDR) by 67.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 270,334 shares of the company’s stock after selling 559,905 shares during the period. Los Angeles Capital Management & Equity Research Inc. owned 0.15% of Schneider National worth $4,931,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in Schneider National during the fourth quarter worth approximately $224,000. Nicolet Advisory Services LLC bought a new stake in Schneider National during the first quarter worth approximately $236,000. Fox Run Management L.L.C. bought a new stake in Schneider National during the second quarter worth approximately $254,000. Bessemer Group Inc. raised its holdings in Schneider National by 128.2% during the second quarter. Bessemer Group Inc. now owns 15,293 shares of the company’s stock worth $279,000 after purchasing an additional 8,590 shares in the last quarter. Finally, Strs Ohio bought a new stake in Schneider National during the first quarter worth approximately $345,000. 24.05% of the stock is currently owned by institutional investors.
Schneider National stock opened at $18.68 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.90 and a current ratio of 1.98. The firm has a market capitalization of $3.46 billion, a price-to-earnings ratio of 12.05, a price-to-earnings-growth ratio of 1.49 and a beta of 1.62. Schneider National Inc has a 1 year low of $16.59 and a 1 year high of $27.90. The business has a 50 day simple moving average of $18.58.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Friday, September 13th will be given a $0.06 dividend. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $0.24 annualized dividend and a yield of 1.28%. Schneider National’s dividend payout ratio (DPR) is 15.48%.
Several equities research analysts recently commented on the company. ValuEngine raised Schneider National from a “sell” rating to a “hold” rating in a report on Thursday, August 8th. Credit Suisse Group cut Schneider National from an “outperform” rating to a “neutral” rating in a report on Thursday, July 11th. Stephens assumed coverage on Schneider National in a report on Monday, July 1st. They set a “buy” rating on the stock. Zacks Investment Research cut Schneider National from a “hold” rating to a “sell” rating in a report on Tuesday, April 30th. Finally, Wolfe Research raised Schneider National from an “underperform” rating to a “peer perform” rating in a report on Friday, June 28th. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. Schneider National has a consensus rating of “Hold” and an average target price of $26.80.
Schneider National Profile
Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, first to final mile delivery, and customized solutions for time-sensitive loads.
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