Semanteon Capital Management LP Invests $554,000 in Schneider National, Inc. (NYSE:SNDR)

Semanteon Capital Management LP purchased a new position in Schneider National, Inc. (NYSE:SNDR) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 21,760 shares of the company’s stock, valued at approximately $554,000.

Several other large investors have also recently modified their holdings of SNDR. CWM LLC raised its position in shares of Schneider National by 155.5% in the 3rd quarter. CWM LLC now owns 2,808 shares of the company’s stock worth $78,000 after purchasing an additional 1,709 shares during the last quarter. Oak Thistle LLC bought a new stake in Schneider National in the 3rd quarter worth about $399,000. Raymond James & Associates increased its holdings in Schneider National by 1.0% in the 3rd quarter. Raymond James & Associates now owns 169,108 shares of the company’s stock worth $4,683,000 after buying an additional 1,714 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Schneider National by 0.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 533,008 shares of the company’s stock worth $14,759,000 after buying an additional 4,327 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Schneider National by 20.4% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,133 shares of the company’s stock worth $364,000 after buying an additional 2,222 shares in the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Stock Performance

Shares of NYSE:SNDR traded up $0.05 during mid-day trading on Friday, reaching $21.36. 898,445 shares of the company traded hands, compared to its average volume of 829,417. The company’s 50 day moving average price is $22.41 and its 200-day moving average price is $23.74. The firm has a market cap of $3.76 billion, a PE ratio of 16.06, a PEG ratio of 1.41 and a beta of 0.89. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.64. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $31.74.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, February 1st. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.35 billion. Schneider National had a net margin of 4.34% and a return on equity of 8.23%. The company’s revenue was down 12.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 earnings per share. On average, equities analysts expect that Schneider National, Inc. will post 1.09 EPS for the current fiscal year.

Schneider National Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 9th. Investors of record on Friday, March 8th were issued a $0.095 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This is a boost from Schneider National’s previous quarterly dividend of $0.09. This represents a $0.38 dividend on an annualized basis and a yield of 1.78%. Schneider National’s payout ratio is currently 28.57%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on SNDR shares. Stephens reiterated an “equal weight” rating and issued a $28.00 price objective on shares of Schneider National in a report on Monday, February 5th. Susquehanna reduced their price objective on Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a report on Monday, March 25th. Benchmark reiterated a “buy” rating and issued a $27.00 price objective on shares of Schneider National in a report on Friday, April 12th. Bank of America cut their price target on Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a research note on Monday, April 15th. Finally, Evercore ISI downgraded Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 price target for the company. in a research note on Thursday, January 4th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Schneider National has an average rating of “Hold” and an average price target of $28.07.

Schneider National Profile

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.