Quantbot Technologies LP Acquires 24,278 Shares of Schneider National, Inc. (NYSE:SNDR)

Quantbot Technologies LP lifted its holdings in Schneider National, Inc. (NYSE:SNDR) by 43.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 80,698 shares of the company’s stock after buying an additional 24,278 shares during the quarter. Quantbot Technologies LP’s holdings in Schneider National were worth $1,827,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Bruce G. Allen Investments LLC bought a new stake in Schneider National during the 4th quarter worth about $29,000. Quent Capital LLC raised its holdings in Schneider National by 64.0% during the 4th quarter. Quent Capital LLC now owns 1,815 shares of the company’s stock worth $46,000 after purchasing an additional 708 shares during the last quarter. Principal Securities Inc. bought a new stake in Schneider National during the 4th quarter worth about $48,000. Quest Partners LLC bought a new stake in Schneider National during the 4th quarter worth about $102,000. Finally, TFO Wealth Partners LLC raised its holdings in Schneider National by 78,622.2% during the 4th quarter. TFO Wealth Partners LLC now owns 7,085 shares of the company’s stock worth $180,000 after purchasing an additional 7,076 shares during the last quarter. 28.54% of the stock is owned by institutional investors.

Schneider National Trading Up 1.1 %

SNDR traded up $0.26 during trading on Friday, hitting $24.29. The company’s stock had a trading volume of 589,128 shares, compared to its average volume of 809,059. Schneider National, Inc. has a twelve month low of $20.50 and a twelve month high of $31.74. The company has a quick ratio of 1.32, a current ratio of 1.44 and a debt-to-equity ratio of 0.03. The stock’s fifty day moving average price is $22.66 and its 200-day moving average price is $23.05. The firm has a market capitalization of $4.26 billion, a P/E ratio of 27.60, a PEG ratio of 2.10 and a beta of 0.85.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.02). The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.36 billion. Schneider National had a net margin of 2.95% and a return on equity of 5.55%. The company’s revenue was down 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.55 EPS. Analysts anticipate that Schneider National, Inc. will post 0.89 EPS for the current year.

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Friday, June 7th were given a dividend of $0.095 per share. The ex-dividend date was Friday, June 7th. This represents a $0.38 annualized dividend and a dividend yield of 1.56%. Schneider National’s dividend payout ratio (DPR) is presently 43.18%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Bank of America dropped their price objective on Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a report on Monday, April 15th. Raymond James started coverage on Schneider National in a research report on Wednesday, May 15th. They set a “market perform” rating for the company. Stifel Nicolaus restated a “buy” rating and set a $25.00 target price on shares of Schneider National in a research report on Wednesday, May 15th. Wells Fargo & Company started coverage on Schneider National in a research report on Friday, June 7th. They set an “equal weight” rating and a $23.00 target price for the company. Finally, TD Cowen decreased their target price on Schneider National from $26.00 to $25.00 and set a “buy” rating for the company in a research report on Friday, May 3rd. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $27.87.

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.