Alaska Permanent Fund Corp Grows Stock Position in Schneider National, Inc. (NYSE:SNDR)

Alaska Permanent Fund Corp raised its position in Schneider National, Inc. (NYSE:SNDR) by 0.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 117,814 shares of the company’s stock after purchasing an additional 619 shares during the quarter. Alaska Permanent Fund Corp’s holdings in Schneider National were worth $2,998,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Winch Advisory Services LLC raised its holdings in shares of Schneider National by 61.6% in the 3rd quarter. Winch Advisory Services LLC now owns 1,320 shares of the company’s stock worth $37,000 after purchasing an additional 503 shares during the period. Quent Capital LLC raised its holdings in shares of Schneider National by 64.0% in 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 period. O Shaughnessy Asset Management LLC raised its holdings in shares of Schneider National by 1.2% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 59,139 shares of the company’s stock worth $1,638,000 after purchasing an additional 713 shares during the period. Swiss National Bank raised its holdings in shares of Schneider National by 0.7% in the 3rd quarter. Swiss National Bank now owns 115,300 shares of the company’s stock worth $3,193,000 after purchasing an additional 800 shares during the period. Finally, Bruce G. Allen Investments LLC purchased a new position in shares of Schneider National in the 4th quarter worth about $29,000. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SNDR has been the topic of a number of research reports. Stephens restated an “equal weight” rating and issued a $28.00 price objective on shares of Schneider National in a report on Monday, February 5th. Evercore ISI lowered Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 target price for the company. in a research note on Thursday, January 4th. TD Cowen lowered their target price on Schneider National from $28.00 to $26.00 and set an “outperform” rating for the company in a research note on Friday, February 2nd. Bank of America lowered their target price on Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a research note on Monday, April 15th. Finally, Stifel Nicolaus lowered their target price on Schneider National from $27.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, April 18th. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $28.07.

Schneider National Stock Down 0.3 %

NYSE SNDR traded down $0.07 during mid-day trading on Wednesday, reaching $21.07. 716,916 shares of the company’s stock traded hands, compared to its average volume of 827,295. Schneider National, Inc. has a 1-year low of $20.50 and a 1-year high of $31.74. The company has a fifty day simple moving average of $22.58 and a 200-day simple moving average of $23.82. The company has a current ratio of 1.83, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. The company has a market cap of $3.71 billion, a price-to-earnings ratio of 15.76, a P/E/G ratio of 1.41 and a beta of 0.89.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, February 1st. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.35 billion. Schneider National had a net margin of 4.34% and a return on equity of 8.23%. Schneider National’s revenue for the quarter was down 12.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.64 EPS. As a group, equities research analysts expect that Schneider National, Inc. will post 1.09 EPS for the current year.

Schneider National Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Stockholders of record on Friday, March 8th were given a $0.095 dividend. This is a positive change from Schneider National’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.38 annualized dividend and a dividend yield of 1.80%. Schneider National’s dividend payout ratio (DPR) is presently 28.57%.

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.