Schneider National, Inc. (NYSE:SNDR) Shares Acquired by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC increased its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 52.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,207 shares of the company’s stock after buying an additional 18,908 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Schneider National were worth $1,576,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Innealta Capital LLC purchased a new position in Schneider National during the 2nd quarter worth $53,000. DekaBank Deutsche Girozentrale purchased a new position in Schneider National during the third quarter worth about $73,000. Quarry LP acquired a new stake in Schneider National in the third quarter valued at about $90,000. SG Americas Securities LLC purchased a new stake in Schneider National in the 3rd quarter valued at approximately $109,000. Finally, Hills Bank & Trust Co purchased a new stake in Schneider National in the 3rd quarter valued at approximately $112,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Evercore ISI reduced their price target on Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a report on Thursday, November 7th. Bank of America raised their target price on Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. JPMorgan Chase & Co. lowered their price target on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Benchmark raised their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Finally, TD Cowen upped their target price on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $29.08.

Insiders Place Their Bets

In related news, COO Mark B. Rourke sold 32,057 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the transaction, the chief operating officer now directly owns 266,887 shares in the company, valued at approximately $8,833,959.70. This represents a 10.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Thomas G. Jackson sold 18,248 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total value of $603,461.36. Following the completion of the sale, the executive vice president now directly owns 66,526 shares in the company, valued at approximately $2,200,014.82. The trade was a 21.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 56,555 shares of company stock valued at $1,862,611 in the last ninety days. Insiders own 32.68% of the company’s stock.

Schneider National Trading Down 1.6 %

Shares of Schneider National stock opened at $31.02 on Friday. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $33.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The business has a 50 day moving average price of $30.02 and a 200 day moving average price of $27.04. The company has a market capitalization of $5.43 billion, a P/E ratio of 50.03, a P/E/G ratio of 3.30 and a beta of 0.90.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. Sell-side analysts anticipate that Schneider National, Inc. will post 0.7 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be issued a $0.095 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.23%. Schneider National’s dividend payout ratio (DPR) is 61.29%.

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.