Orion Portfolio Solutions LLC Increases Stock Position in Schneider National, Inc. (NYSE:SNDR)

Orion Portfolio Solutions LLC increased its position in Schneider National, Inc. (NYSE:SNDR) by 52.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 55,207 shares of the company’s stock after buying an additional 18,908 shares during the period. Orion Portfolio Solutions LLC’s holdings in Schneider National were worth $1,576,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SNDR. Innealta Capital LLC acquired a new position in Schneider National during the second quarter valued at approximately $53,000. DekaBank Deutsche Girozentrale purchased a new position in shares of Schneider National in the 3rd quarter valued at $73,000. Quarry LP acquired a new position in shares of Schneider National during the 3rd quarter valued at $90,000. SG Americas Securities LLC purchased a new stake in Schneider National during the 3rd quarter worth $109,000. Finally, Hills Bank & Trust Co purchased a new stake in Schneider National during the 3rd quarter worth $112,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Insiders Place Their Bets

In other news, COO Mark B. Rourke sold 32,057 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the sale, the chief operating officer now directly owns 266,887 shares in the company, valued at approximately $8,833,959.70. This represents a 10.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas G. Jackson sold 18,248 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total value of $603,461.36. Following the completion of the sale, the executive vice president now directly owns 66,526 shares in the company, valued at approximately $2,200,014.82. This trade represents a 21.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 56,555 shares of company stock valued at $1,862,611 over the last 90 days. 32.68% of the stock is owned by company insiders.

Schneider National Stock Performance

Shares of Schneider National stock opened at $31.02 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $33.90. The firm’s 50-day simple moving average is $30.02 and its 200-day simple moving average is $27.04. The firm has a market cap of $5.43 billion, a PE ratio of 50.03, a price-to-earnings-growth ratio of 3.30 and a beta of 0.90.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05). Schneider National had a net margin of 2.10% and a return on equity of 3.92%. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. Equities analysts forecast that Schneider National, Inc. will post 0.7 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be paid a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is presently 61.29%.

Analysts Set New Price Targets

Several research analysts have commented on the company. The Goldman Sachs Group cut their price objective on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 9th. Stifel Nicolaus boosted their price target on Schneider National from $25.00 to $27.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Susquehanna decreased their price target on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Benchmark lifted their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $29.08.

Schneider National 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.