Inceptionr LLC Takes Position in Schneider National, Inc. $SNDR

Inceptionr LLC bought a new stake in Schneider National, Inc. (NYSE:SNDR) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 30,556 shares of the company’s stock, valued at approximately $647,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Dynamic Technology Lab Private Ltd acquired a new position in Schneider National during the third quarter worth approximately $1,815,000. Natixis Advisors LLC lifted its holdings in Schneider National by 5.4% in the third quarter. Natixis Advisors LLC now owns 35,975 shares of the company’s stock valued at $761,000 after buying an additional 1,840 shares during the period. HUB Investment Partners LLC bought a new stake in Schneider National in the 3rd quarter valued at about $283,000. Orion Porfolio Solutions LLC boosted its stake in Schneider National by 5.0% in the third quarter. Orion Porfolio Solutions LLC now owns 72,892 shares of the company’s stock valued at $1,542,000 after acquiring an additional 3,475 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Schneider National by 1.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,773,667 shares of the company’s stock worth $101,010,000 after acquiring an additional 66,928 shares during the period. 28.54% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Darrell George Campbell sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $28.89, for a total transaction of $173,340.00. Following the completion of the transaction, the chief financial officer directly owned 66,275 shares of the company’s stock, valued at $1,914,684.75. This trade represents a 8.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 23.43% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Bank of America raised shares of Schneider National from a “neutral” rating to a “buy” rating and set a $32.00 price target on the stock in a research note on Friday, January 9th. National Bank Financial set a $27.00 target price on Schneider National in a research note on Friday, February 6th. Benchmark reaffirmed a “buy” rating on shares of Schneider National in a research note on Thursday, January 15th. Citigroup raised Schneider National from a “sell” rating to a “neutral” rating and set a $27.00 price objective on the stock in a research report on Monday. Finally, Stifel Nicolaus lowered Schneider National from a “buy” rating to a “hold” rating and cut their price objective for the stock from $32.00 to $26.00 in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Schneider National currently has an average rating of “Hold” and an average target price of $28.43.

Schneider National Stock Performance

Shares of Schneider National stock opened at $25.88 on Wednesday. The company has a 50 day moving average price of $28.58 and a 200 day moving average price of $25.34. The firm has a market capitalization of $4.54 billion, a P/E ratio of 43.86, a PEG ratio of 0.76 and a beta of 1.06. The company has a quick ratio of 1.95, a current ratio of 2.13 and a debt-to-equity ratio of 0.13. Schneider National, Inc. has a 52 week low of $20.11 and a 52 week high of $30.98.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data 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 firm 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 company’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.20 earnings per share. Sell-side analysts expect that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National declared that its Board of Directors has initiated a share repurchase program on Wednesday, January 28th that allows the company to repurchase $150.00 million in shares. This repurchase authorization allows the company to repurchase up to 2.9% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Schneider National Increases Dividend

The company 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 is a boost from Schneider National’s previous quarterly dividend of $0.10. The ex-dividend date is Friday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 1.5%. Schneider National’s dividend payout ratio (DPR) is 64.41%.

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.