Insider Selling: Schneider National, Inc. (NYSE:SNDR) COO Sells 32,057 Shares of Stock

Schneider National, Inc. (NYSE:SNDR) COO Mark B. Rourke sold 32,057 shares of the 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 transaction, the chief operating officer now owns 266,887 shares in the company, valued at approximately $8,833,959.70. The trade was a 10.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Schneider National Stock Down 1.5 %

Shares of SNDR stock traded down $0.50 on Monday, hitting $33.11. 1,279,951 shares of the stock were exchanged, compared to its average volume of 827,441. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $5.80 billion, a P/E ratio of 54.21, a price-to-earnings-growth ratio of 2.91 and a beta of 0.85. The business has a 50-day moving average of $29.26 and a 200 day moving average of $26.44. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $33.90.

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

Schneider National Dividend Announcement

The firm 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. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date is Friday, December 13th. Schneider National’s dividend payout ratio is presently 61.29%.

Institutional Investors Weigh In On Schneider National

A number of large investors have recently modified their holdings of the business. Innealta Capital LLC acquired a new position in Schneider National during the 2nd quarter worth about $53,000. DekaBank Deutsche Girozentrale bought a new position in shares of Schneider National in the 3rd quarter worth about $73,000. Hilltop National Bank raised its position in shares of Schneider National by 28.5% in the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock worth $74,000 after acquiring an additional 676 shares in the last quarter. Quarry LP bought a new position in shares of Schneider National in the 3rd quarter worth about $90,000. Finally, SG Americas Securities LLC bought a new stake in Schneider National in the 3rd quarter valued at about $109,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on SNDR shares. TD Cowen raised their price target on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Bank of America boosted their price objective on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group reduced their price objective on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. Benchmark boosted their price target on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Finally, JPMorgan Chase & Co. cut their price target on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $29.08.

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.