Schneider National, Inc. (NYSE:SNDR) Shares Sold by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC reduced its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 80.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,443 shares of the company’s stock after selling 9,747 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Schneider National were worth $62,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SNDR. MetLife Investment Management LLC acquired a new stake in Schneider National during the 1st quarter worth $26,000. Bruce G. Allen Investments LLC acquired a new stake in Schneider National during the 4th quarter worth $29,000. Whittier Trust Co. purchased a new position in Schneider National during the 3rd quarter worth $35,000. Winch Advisory Services LLC raised its position in shares of Schneider National by 61.6% in the third quarter. Winch Advisory Services LLC now owns 1,320 shares of the company’s stock valued at $37,000 after buying an additional 503 shares during the last quarter. Finally, Quarry LP raised its position in shares of Schneider National by 252.2% in the first quarter. Quarry LP now owns 1,627 shares of the company’s stock valued at $44,000 after buying an additional 1,165 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Schneider National Trading Up 0.3 %

SNDR traded up $0.07 during trading on Thursday, hitting $20.72. 827,337 shares of the company’s stock were exchanged, compared to its average volume of 837,300. The company has a current ratio of 1.83, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $31.74. The stock has a 50 day moving average price of $22.77 and a 200 day moving average price of $23.98. The firm has a market cap of $3.65 billion, a P/E ratio of 15.58, a price-to-earnings-growth ratio of 1.39 and a beta of 0.89.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.05). Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The business had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter in the prior year, the firm earned $0.64 earnings per share. Schneider National’s quarterly revenue was down 12.2% compared to the same quarter last year. As a group, analysts expect that Schneider National, Inc. will post 1.13 EPS for the current fiscal year.

Schneider National Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Friday, March 8th were paid a dividend of $0.095 per share. This is an increase from Schneider National’s previous quarterly dividend of $0.09. This represents a $0.38 annualized dividend and a yield of 1.83%. The ex-dividend date was Thursday, March 7th. Schneider National’s payout ratio is currently 28.57%.

Analyst Ratings Changes

SNDR has been the subject of a number of analyst reports. Robert W. Baird cut their price objective on shares of Schneider National from $29.00 to $27.00 and set an “outperform” rating for the company in a research report on Thursday, April 4th. Benchmark reissued a “buy” rating and issued a $27.00 price objective on shares of Schneider National in a research report on Friday, April 12th. Bank of America cut their price objective on shares of Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a research report on Monday. Stifel Nicolaus cut their price objective on shares of Schneider National from $27.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Susquehanna cut their price objective on shares of Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a research report on Monday, March 25th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $28.07.

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.