1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership grew its position in Schneider National, Inc. ( NYSE:SNDR – Free Report ) by 56.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).
The institutional investor owned 176,047 shares of the company’s stock after purchasing an additional 63,587 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.10% of Schneider National worth $5,155,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of SNDR. FMR LLC lifted its stake in Schneider National by 44.5% in the 3rd quarter.
FMR LLC now owns 27,904 shares of the company’s stock valued at $796,000 after acquiring an additional 8,593 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Schneider National by 356.5% in the third quarter.
BNP Paribas Financial Markets now owns 4,894 shares of the company’s stock worth $140,000 after purchasing an additional 3,822 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Schneider National by 15.6% during the third quarter.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,474 shares of the company’s stock worth $3,724,000 after purchasing an additional 17,573 shares during the last quarter. Captrust Financial Advisors grew its position in Schneider National by 30.6% in the third quarter.
Captrust Financial Advisors now owns 21,194 shares of the company’s stock valued at $605,000 after purchasing an additional 4,968 shares in the last quarter. Finally, HighTower Advisors LLC acquired a new stake in Schneider National in the 3rd quarter valued at $345,000. 28.
54% of the stock is owned by institutional investors and hedge funds. Analyst Ratings Changes Several brokerages have recently weighed in on SNDR. Bank of America restated a “neutral” rating and issued a $25.
00 price objective (down previously from $34.00) on shares of Schneider National in a report on Friday, March 28th. Wells Fargo & Company decreased their price target on Schneider National from $32.
00 to $25.00 and set an “equal weight” rating for the company in a research note on Thursday, March 27th. Stifel Nicolaus upped their price objective on Schneider National from $28.
00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Susquehanna decreased their target price on shares of Schneider National from $32.
00 to $24.00 and set a “neutral” rating for the company in a research note on Wednesday, March 26th. Finally, National Bankshares set a $25.
00 target price on shares of Schneider National in a report on Friday, March 28th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $28.
43. Schneider National Trading Down 1.9 % Shares of SNDR stock opened at $21.
25 on Tuesday. Schneider National, Inc. has a 12-month low of $20.
50 and a 12-month high of $33.90. The company has a market capitalization of $3.
73 billion, a PE ratio of 32.68, a price-to-earnings-growth ratio of 0.54 and a beta of 1.
10. The firm has a 50 day moving average price of $25.82 and a two-hundred day moving average price of $28.
27. The company has a quick ratio of 1.53, a current ratio of 1.
66 and a debt-to-equity ratio of 0.04. Schneider National ( NYSE:SNDR – Get Free Report ) last released its quarterly earnings results on Thursday, January 30th.
The company reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20.
Schneider National had a return on equity of 4.12% and a net margin of 2.21%.
During the same quarter in the previous year, the company posted $0.16 earnings per share. As a group, analysts predict that Schneider National, Inc.
will post 1.12 earnings per share for the current year. Schneider National Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th.
Shareholders of record on Friday, March 14th will be paid a $0.095 dividend. This represents a $0.
38 annualized dividend and a yield of 1.79%. The ex-dividend date is Friday, March 14th.
Schneider National’s dividend payout ratio (DPR) is 58.46%. Schneider National Profile ( Free Report ) 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. Read More Receive News & Ratings for Schneider National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schneider National and related companies with MarketBeat.
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