Schneider National Inc (SNDR) Holdings Boosted by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its holdings in shares of Schneider National Inc (NYSE:SNDR) by 25.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 114,691 shares of the company’s stock after purchasing an additional 23,152 shares during the quarter. Victory Capital Management Inc.’s holdings in Schneider National were worth $2,865,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SNDR. Principal Financial Group Inc. bought a new stake in Schneider National during the 1st quarter valued at $251,000. Allianz Asset Management GmbH bought a new stake in Schneider National during the 1st quarter valued at $2,212,000. Amalgamated Bank bought a new stake in Schneider National during the 2nd quarter valued at $256,000. Janney Montgomery Scott LLC bought a new stake in Schneider National during the 2nd quarter valued at $237,000. Finally, CWM LLC bought a new stake in Schneider National during the 2nd quarter valued at $404,000. Institutional investors own 24.94% of the company’s stock.

NYSE SNDR opened at $21.98 on Friday. Schneider National Inc has a 1 year low of $20.14 and a 1 year high of $30.52. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.34 and a quick ratio of 2.23. The firm has a market capitalization of $3.87 billion, a PE ratio of 15.60, a PEG ratio of 1.10 and a beta of 1.32.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, November 1st. The company reported $0.40 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.40. Schneider National had a net margin of 9.66% and a return on equity of 12.53%. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the business posted $0.23 EPS. The business’s revenue was up 15.2% compared to the same quarter last year. Analysts forecast that Schneider National Inc will post 1.52 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, January 7th. Stockholders of record on Friday, December 14th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $0.24 annualized dividend and a dividend yield of 1.09%. Schneider National’s payout ratio is 25.53%.

SNDR has been the subject of a number of recent research reports. Wolfe Research lowered shares of Schneider National from a “peer perform” rating to an “underperform” rating in a research note on Friday, October 5th. Zacks Investment Research lowered shares of Schneider National from a “buy” rating to a “hold” rating in a research note on Thursday, August 16th. Bank of America lowered shares of Schneider National from a “buy” rating to an “underperform” rating and decreased their price target for the company from $35.00 to $27.00 in a research note on Thursday, August 9th. Morgan Stanley upped their target price on shares of Schneider National from $36.00 to $37.00 and gave the stock an “overweight” rating in a research note on Friday, August 3rd. Finally, Stifel Nicolaus upped their target price on shares of Schneider National from $29.00 to $31.00 and gave the stock a “hold” rating in a research note on Monday, August 6th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $29.00.

In other news, CFO Stephen L. Bruffett bought 20,000 shares of Schneider National stock in a transaction dated Tuesday, November 6th. The stock was purchased at an average price of $22.44 per share, for a total transaction of $448,800.00. Following the purchase, the chief financial officer now directly owns 29,480 shares in the company, valued at approximately $661,531.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director James L. Welch purchased 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 6th. The stock was bought at an average cost of $22.37 per share, for a total transaction of $44,740.00. Following the completion of the acquisition, the director now directly owns 5,472 shares in the company, valued at approximately $122,408.64. The disclosure for this purchase can be found here. In the last quarter, insiders bought 26,000 shares of company stock valued at $601,220. Company insiders own 43.46% of the company’s stock.

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About Schneider National

Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, final mile delivery, and customized solutions for time-sensitive loads.

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Institutional Ownership by Quarter for Schneider National (NYSE:SNDR)

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