Impact Partnership Wealth LLC Makes New $205,000 Investment in Schneider National, Inc. (NYSE:SNDR)

Impact Partnership Wealth LLC acquired a new position in shares of Schneider National, Inc. (NYSE:SNDR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,006 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SNDR. Principal Financial Group Inc. acquired a new position in shares of Schneider National in the 3rd quarter valued at $6,327,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Schneider National by 15.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,474 shares of the company’s stock valued at $3,724,000 after purchasing an additional 17,573 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Schneider National by 18.4% in the 3rd quarter. Geode Capital Management LLC now owns 746,272 shares of the company’s stock valued at $21,305,000 after purchasing an additional 115,814 shares during the last quarter. Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Schneider National in the 3rd quarter valued at $9,157,000. Finally, Louisiana State Employees Retirement System acquired a new position in shares of Schneider National in the 3rd quarter valued at $648,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Insider Activity at Schneider National

In related news, EVP Thomas G. Jackson sold 18,248 shares of the company’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 of the company’s stock, valued at $2,200,014.82. This represents a 21.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Mark B. Rourke sold 32,057 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total value of $1,061,086.70. Following the completion of the sale, the chief operating officer now directly owns 266,887 shares of the company’s stock, valued at approximately $8,833,959.70. This trade represents a 10.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 66,555 shares of company stock valued at $2,153,011 in the last three months. 32.68% of the stock is currently owned by company insiders.

Schneider National Trading Down 1.4 %

NYSE:SNDR opened at $29.39 on Friday. The stock has a 50-day simple moving average of $30.46 and a 200-day simple moving average of $28.49. The stock has a market cap of $5.15 billion, a P/E ratio of 47.40, a P/E/G ratio of 1.90 and a beta of 0.93. 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 quick ratio of 1.53 and a current ratio of 1.66.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05). The business had revenue of $1.32 billion for 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%. As a group, analysts anticipate that Schneider National, Inc. will post 0.7 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 13th were given a $0.095 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.29%. Schneider National’s dividend payout ratio (DPR) is presently 61.29%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Evercore ISI cut their price objective on Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a report on Thursday, November 7th. Bank of America boosted their price objective on Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Stifel Nicolaus boosted their price objective on Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a report on Thursday. Susquehanna cut their price objective on Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Finally, The Goldman Sachs Group cut their price objective on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $29.38.

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.