BNP PARIBAS ASSET MANAGEMENT Holding S.A. Increases Holdings in Schneider National, Inc. (NYSE:SNDR)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in Schneider National, Inc. (NYSE:SNDR) by 10.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 695,533 shares of the company’s stock after purchasing an additional 65,720 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Schneider National were worth $19,851,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Innealta Capital LLC acquired a new stake in shares of Schneider National in the second quarter worth $53,000. DekaBank Deutsche Girozentrale purchased a new stake in Schneider National in the third quarter valued at $73,000. Hilltop National Bank grew its position in Schneider National by 28.5% during the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock worth $74,000 after purchasing an additional 676 shares during the period. SG Americas Securities LLC purchased a new position in shares of Schneider National during the 3rd quarter valued at about $109,000. Finally, Hills Bank & Trust Co acquired a new position in shares of Schneider National in the 3rd quarter valued at about $112,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Stock Up 0.6 %

Shares of SNDR opened at $31.61 on Friday. The stock has a 50 day moving average price of $28.79 and a 200 day moving average price of $26.01. Schneider National, Inc. has a one year low of $20.50 and a one year high of $32.14. 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 stock has a market capitalization of $5.54 billion, a price-to-earnings ratio of 50.98, a PEG ratio of 3.75 and a beta of 0.85.

Schneider National (NYSE:SNDR) last released its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. Equities research analysts forecast that Schneider National, Inc. will post 0.7 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, January 8th. Shareholders of record on Friday, December 13th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is 61.29%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on SNDR shares. Citigroup lowered Schneider National from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $32.00 to $30.00 in a report on Tuesday, November 12th. Robert W. Baird raised their price objective on shares of Schneider National from $26.00 to $30.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. The Goldman Sachs Group decreased their target price on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th. TD Cowen lifted their price objective on shares of Schneider National from $28.00 to $32.00 and gave the company a “buy” rating in a report on Friday, November 8th. Finally, Stifel Nicolaus lifted their price target on Schneider National from $25.00 to $27.00 and gave the company a “hold” rating in a research note on Monday, November 11th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Schneider National currently has a consensus rating of “Hold” and a consensus price target of $28.31.

About Schneider National

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.