CANADA LIFE ASSURANCE Co Sells 8,787 Shares of Schneider National, Inc. (NYSE:SNDR)

CANADA LIFE ASSURANCE Co trimmed its holdings in Schneider National, Inc. (NYSE:SNDR) by 13.4% in the fourth quarter, HoldingsChannel reports. The fund owned 56,998 shares of the company’s stock after selling 8,787 shares during the period. CANADA LIFE ASSURANCE Co’s holdings in Schneider National were worth $1,670,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. GAMMA Investing LLC lifted its stake in Schneider National by 52.6% in the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after purchasing an additional 450 shares during the last quarter. Truist Financial Corp lifted its stake in shares of Schneider National by 0.6% in the 4th quarter. Truist Financial Corp now owns 88,613 shares of the company’s stock valued at $2,595,000 after acquiring an additional 528 shares during the last quarter. SRS Capital Advisors Inc. boosted its holdings in Schneider National by 74.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after acquiring an additional 612 shares during the period. Exchange Traded Concepts LLC grew its position in Schneider National by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company’s stock worth $822,000 after acquiring an additional 710 shares during the last quarter. Finally, Avantax Advisory Services Inc. increased its stake in Schneider National by 4.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 19,606 shares of the company’s stock worth $574,000 after purchasing an additional 910 shares during the period. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. The Goldman Sachs Group cut their target price on shares of Schneider National from $28.00 to $23.00 and set a “neutral” rating on the stock in a report on Thursday, April 10th. JPMorgan Chase & Co. cut their price target on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. National Bankshares set a $25.00 price objective on shares of Schneider National in a research note on Friday, March 28th. UBS Group cut their target price on Schneider National from $32.00 to $25.00 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. Finally, Susquehanna lowered their price target on Schneider National from $32.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, March 26th. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Schneider National currently has an average rating of “Hold” and an average price target of $26.93.

Schneider National Stock Performance

Shares of SNDR opened at $21.94 on Monday. 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, Inc. has a one year low of $20.61 and a one year high of $33.90. The company has a 50-day simple moving average of $23.72 and a two-hundred day simple moving average of $27.65. The firm has a market capitalization of $3.85 billion, a PE ratio of 33.75, a price-to-earnings-growth ratio of 0.54 and a beta of 1.10.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same period last year, the firm earned $0.16 earnings per share. On average, analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Wednesday, April 9th were issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.73%. Schneider National’s payout ratio is 58.46%.

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.