Schneider National, Inc. (NYSE:SNDR) COO Mark B. Rourke Sells 32,057 Shares

Schneider National, Inc. (NYSE:SNDR) COO Mark B. Rourke sold 32,057 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total transaction 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 $8,833,959.70. This represents a 10.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Schneider National Trading Down 1.5 %

SNDR traded down $0.50 during trading on Monday, reaching $33.11. The company had a trading volume of 1,279,951 shares, compared to its average volume of 827,441. The stock has a market cap of $5.80 billion, a P/E ratio of 54.21, a PEG ratio of 2.91 and a beta of 0.85. The business has a 50 day simple moving average of $29.26 and a 200-day simple moving average of $26.44. 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.

Schneider National (NYSE:SNDR) last released its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share 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 the consensus estimate of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. On average, equities analysts anticipate that Schneider National, Inc. will post 0.7 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.15%. Schneider National’s payout ratio is 61.29%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Susquehanna reduced their target price on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Citigroup lowered shares of Schneider National from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $32.00 to $30.00 in a report on Tuesday, November 12th. The Goldman Sachs Group reduced their target price on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. JPMorgan Chase & Co. reduced their target price on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Finally, TD Cowen increased their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Schneider National currently has a consensus rating of “Hold” and a consensus price target of $29.08.

Institutional Investors Weigh In On Schneider National

A number of institutional investors and hedge funds have recently modified their holdings of the company. The Manufacturers Life Insurance Company lifted its holdings in Schneider National by 3.6% in the second quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock valued at $342,000 after acquiring an additional 493 shares during the period. CANADA LIFE ASSURANCE Co grew its holdings in Schneider National by 3.2% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock valued at $451,000 after buying an additional 618 shares in the last quarter. Hilltop National Bank grew its holdings in 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 buying an additional 676 shares in the last quarter. California State Teachers Retirement System grew its holdings in Schneider National by 1.7% in the 1st quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock valued at $1,265,000 after buying an additional 958 shares in the last quarter. Finally, Comerica Bank grew its holdings in shares of Schneider National by 11.8% during the 1st quarter. Comerica Bank now owns 12,283 shares of the company’s stock worth $278,000 after purchasing an additional 1,297 shares during the period. Institutional investors and hedge funds own 28.54% of the company’s stock.

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.