Schneider National, Inc. (NYSE:SNDR) is Goodman Financial Corp’s 7th Largest Position

Goodman Financial Corp increased its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 1.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 520,185 shares of the company’s stock after buying an additional 5,506 shares during the quarter. Schneider National accounts for about 3.3% of Goodman Financial Corp’s portfolio, making the stock its 7th largest position. Goodman Financial Corp owned approximately 0.30% of Schneider National worth $14,846,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SNDR. Innealta Capital LLC acquired a new stake in Schneider National in the second quarter worth about $53,000. DekaBank Deutsche Girozentrale purchased a new position in shares of Schneider National in the 3rd quarter valued at approximately $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 valued at $74,000 after purchasing an additional 676 shares during the last quarter. SG Americas Securities LLC purchased a new stake in Schneider National during the 3rd quarter worth approximately $109,000. Finally, Hills Bank & Trust Co purchased a new stake in Schneider National during the 3rd quarter worth approximately $112,000. 28.54% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently commented on SNDR shares. Evercore ISI lowered their price objective on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a research note on Thursday, November 7th. Robert W. Baird lifted their price target on Schneider National from $26.00 to $30.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. JPMorgan Chase & Co. cut their price objective on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Citigroup downgraded Schneider National from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $32.00 to $30.00 in a report on Tuesday, November 12th. Finally, The Goldman Sachs Group cut their price target on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. One equities research 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. According to data from MarketBeat.com, Schneider National currently has a consensus rating of “Hold” and an average target price of $28.46.

Schneider National Stock Performance

Shares of NYSE SNDR opened at $32.17 on Tuesday. The company has a market capitalization of $5.64 billion, a PE ratio of 51.66, a price-to-earnings-growth ratio of 3.83 and a beta of 0.85. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The company’s fifty day moving average price is $28.87 and its 200 day moving average price is $26.13. Schneider National, Inc. has a 1 year low of $20.50 and a 1 year high of $32.71.

Schneider National (NYSE:SNDR) last posted its earnings results 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). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.33 billion. On average, research analysts predict that Schneider National, Inc. will post 0.7 earnings per share for the current year.

Schneider National Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s payout ratio is currently 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.