Schneider National Inc (NYSE:SNDR) CFO Lori A. Lutey sold 70,000 shares of the stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $28.11, for a total transaction of $1,967,700.00. Following the transaction, the chief financial officer now directly owns 515,838 shares of the company’s stock, valued at approximately $14,500,206.18. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Schneider National Inc (NYSE SNDR) remained flat at $$26.81 during midday trading on Friday. 388,156 shares of the company traded hands, compared to its average volume of 838,278. The stock has a market capitalization of $4,742.13 and a P/E ratio of 12.08. Schneider National Inc has a 1-year low of $17.69 and a 1-year high of $30.00. The company has a quick ratio of 1.93, a current ratio of 2.12 and a debt-to-equity ratio of 0.26.
Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, February 1st. The company reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.01. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. Schneider National had a net margin of 8.89% and a return on equity of 10.98%. Schneider National’s revenue was up 11.3% compared to the same quarter last year. During the same period last year, the firm earned $0.31 earnings per share. analysts anticipate that Schneider National Inc will post 1.4 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 9th. Shareholders of record on Thursday, March 15th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.90%. This is an increase from Schneider National’s previous quarterly dividend of $0.05. The ex-dividend date is Wednesday, March 14th. Schneider National’s dividend payout ratio (DPR) is 9.01%.
Large investors have recently bought and sold shares of the company. Legal & General Group Plc acquired a new stake in shares of Schneider National during the second quarter worth $173,000. Acadian Asset Management LLC acquired a new stake in shares of Schneider National during the fourth quarter worth $175,000. Pacer Advisors Inc. acquired a new stake in shares of Schneider National during the third quarter worth $182,000. Meeder Asset Management Inc. acquired a new stake in shares of Schneider National during the third quarter worth $195,000. Finally, GSA Capital Partners LLP acquired a new stake in shares of Schneider National during the second quarter worth $201,000. Institutional investors and hedge funds own 21.43% of the company’s stock.
SNDR has been the topic of several recent research reports. Morgan Stanley upped their target price on shares of Schneider National from $26.00 to $28.00 and gave the company an “overweight” rating in a research report on Wednesday, November 8th. Citigroup lowered shares of Schneider National from a “buy” rating to a “neutral” rating in a research report on Thursday, January 4th. Robert W. Baird reissued a “buy” rating and issued a $32.00 price objective on shares of Schneider National in a research report on Friday, February 2nd. BidaskClub lowered shares of Schneider National from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 7th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Schneider National in a research report on Monday, November 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $29.70.
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About Schneider National
Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.
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