Stifel Nicolaus Increases Schneider National (NYSE:SNDR) Price Target to $31.00

Schneider National (NYSE:SNDR) had its price objective hoisted by Stifel Nicolaus from $28.00 to $31.00 in a research report report published on Thursday morning,Benzinga reports. They currently have a hold rating on the stock.

A number of other equities research analysts have also weighed in on SNDR. Susquehanna dropped their price target on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Bank of America boosted their price target on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. TD Cowen raised their price objective on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group cut their target price 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. Finally, Benchmark raised their price target on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $29.38.

Schneider National Trading Down 0.1 %

NYSE:SNDR opened at $29.75 on Thursday. The business’s 50-day moving average is $30.48 and its two-hundred day moving average is $28.41. The firm has a market capitalization of $5.21 billion, a PE ratio of 47.99, a price-to-earnings-growth ratio of 1.90 and a beta of 0.93. Schneider National has a 12 month low of $20.50 and a 12 month high of $33.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53.

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

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 13th were paid a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.38 annualized dividend and a yield of 1.28%. Schneider National’s dividend payout ratio (DPR) is 61.29%.

Insider Buying and Selling at Schneider National

In other news, insider Shaleen Devgun sold 10,000 shares of the business’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $29.04, for a total transaction of $290,400.00. Following the completion of the transaction, the insider now owns 95,191 shares of the company’s stock, valued at approximately $2,764,346.64. The trade was a 9.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Mark B. Rourke sold 32,057 shares of the stock in a transaction dated 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 completion of the sale, the chief operating officer now directly owns 266,887 shares in the company, valued at approximately $8,833,959.70. This trade represents a 10.72 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 66,555 shares of company stock worth $2,153,011 over the last ninety days. Company insiders own 32.68% of the company’s stock.

Hedge Funds Weigh In On Schneider National

Hedge funds and other institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC raised its stake in Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after acquiring an additional 450 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Schneider National by 489.1% during the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after purchasing an additional 1,350 shares during the period. Future Financial Wealth Managment LLC bought a new stake in shares of Schneider National during the fourth quarter valued at about $59,000. DekaBank Deutsche Girozentrale acquired a new stake in Schneider National in the third quarter worth about $73,000. Finally, Quarry LP bought a new position in Schneider National in the 3rd quarter valued at about $90,000. 28.54% of the stock is currently owned by institutional investors and hedge funds.

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.