Strs Ohio Has $26,000 Stock Holdings in Schneider National, Inc. $SNDR

Strs Ohio decreased its position in Schneider National, Inc. (NYSE:SNDR) by 98.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,235 shares of the company’s stock after selling 79,416 shares during the quarter. Strs Ohio’s holdings in Schneider National were worth $26,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of SNDR. Elevation Point Wealth Partners LLC bought a new position in Schneider National in the 2nd quarter worth $37,000. KBC Group NV grew its position in shares of Schneider National by 86.3% in the second quarter. KBC Group NV now owns 2,290 shares of the company’s stock valued at $55,000 after purchasing an additional 1,061 shares during the last quarter. Hantz Financial Services Inc. increased its stake in shares of Schneider National by 2,943.5% in the second quarter. Hantz Financial Services Inc. now owns 3,500 shares of the company’s stock worth $85,000 after purchasing an additional 3,385 shares during the period. CWM LLC lifted its position in shares of Schneider National by 27.1% during the 2nd quarter. CWM LLC now owns 4,466 shares of the company’s stock worth $108,000 after purchasing an additional 953 shares during the last quarter. Finally, Chicago Partners Investment Group LLC bought a new stake in Schneider National during the 2nd quarter valued at approximately $214,000. 28.54% of the stock is owned by institutional investors.

Schneider National Price Performance

Shares of Schneider National stock opened at $29.92 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.93 and a current ratio of 2.23. The firm’s 50-day simple moving average is $27.69 and its 200-day simple moving average is $24.80. Schneider National, Inc. has a twelve month low of $20.11 and a twelve month high of $30.98. The firm has a market cap of $5.25 billion, a P/E ratio of 50.72, a price-to-earnings-growth ratio of 0.96 and a beta of 1.08.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, January 29th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08). The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.45 billion. Schneider National had a return on equity of 3.66% and a net margin of 1.83%.The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period last year, the company earned $0.20 EPS. As a group, research analysts expect that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National announced that its board has approved a stock buyback plan on Wednesday, January 28th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 2.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Schneider National Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Friday, March 13th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from Schneider National’s previous quarterly dividend of $0.10. The ex-dividend date is Friday, March 13th. Schneider National’s dividend payout ratio is 64.41%.

Analyst Ratings Changes

SNDR has been the subject of a number of research analyst reports. Zacks Research lowered Schneider National from a “hold” rating to a “strong sell” rating in a report on Monday, October 13th. Raymond James Financial upgraded shares of Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 target price for the company in a research note on Wednesday, December 3rd. Stifel Nicolaus lowered shares of Schneider National from a “buy” rating to a “hold” rating and decreased their price target for the stock from $32.00 to $26.00 in a research report on Tuesday. TD Cowen dropped their price objective on shares of Schneider National from $31.00 to $30.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Schneider National in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $28.71.

About Schneider National

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.