Quantbot Technologies LP Takes Position in Schneider National, Inc. (NYSE:SNDR)

Quantbot Technologies LP purchased a new position in shares of Schneider National, Inc. (NYSE:SNDR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 55,366 shares of the company’s stock, valued at approximately $1,621,000.

Several other hedge funds also recently added to or reduced their stakes in SNDR. GAMMA Investing LLC boosted its stake in shares of Schneider National by 52.6% during the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after purchasing an additional 450 shares during the period. Truist Financial Corp lifted its holdings in Schneider National by 0.6% during the 4th quarter. Truist Financial Corp now owns 88,613 shares of the company’s stock valued at $2,595,000 after buying an additional 528 shares in the last quarter. SRS Capital Advisors Inc. boosted its position in Schneider National by 74.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after buying an additional 612 shares during the period. Exchange Traded Concepts LLC grew its stake in Schneider National by 2.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company’s stock worth $822,000 after acquiring an additional 710 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its position in shares of Schneider National by 4.9% during the fourth quarter. Avantax Advisory Services Inc. now owns 19,606 shares of the company’s stock worth $574,000 after acquiring an additional 910 shares during the period. 28.54% of the stock is currently owned by institutional investors.

Schneider National Stock Up 2.5 %

SNDR stock opened at $23.74 on Tuesday. The stock has a market capitalization of $4.17 billion, a PE ratio of 36.52, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $33.90. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The firm has a 50 day moving average of $27.24 and a 200 day moving average of $28.61.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same quarter last year, the firm earned $0.16 EPS. Sell-side analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Friday, March 14th. Schneider National’s payout ratio is 58.46%.

Wall Street Analyst Weigh In

SNDR has been the topic of several recent research reports. Susquehanna increased their target price on shares of Schneider National from $31.00 to $32.00 and gave the stock a “neutral” rating in a report on Friday, January 31st. Stephens reissued an “equal weight” rating and set a $30.00 price objective (down from $32.00) on shares of Schneider National in a report on Monday, February 3rd. Wells Fargo & Company upped their target price on Schneider National from $31.00 to $32.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Benchmark lifted their price target on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Finally, JPMorgan Chase & Co. decreased their price objective on Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Schneider National has an average rating of “Hold” and an average price target of $30.85.

Schneider National Company 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.