Susquehanna Issues Positive Forecast for Schneider National (NYSE:SNDR) Stock Price

Schneider National (NYSE:SNDR) had its target price raised by Susquehanna from $31.00 to $32.00 in a report issued on Friday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Benchmark lifted their price target on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Citigroup lowered shares of Schneider National from a “neutral” rating to a “sell” rating and decreased their target price for the company from $32.00 to $30.00 in a research report on Tuesday, November 12th. JPMorgan Chase & Co. dropped their price target on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Bank of America lifted their price objective on Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Evercore ISI dropped their target price on Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a report on Thursday, November 7th. One 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. Based on data from MarketBeat, Schneider National presently has a consensus rating of “Hold” and a consensus target price of $30.69.

Schneider National Stock Performance

NYSE:SNDR opened at $29.76 on Friday. 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 firm’s 50-day moving average is $30.34 and its 200-day moving average is $28.66. Schneider National has a 52-week low of $20.50 and a 52-week high of $33.90. The company has a market cap of $5.21 billion, a price-to-earnings ratio of 48.00, a PEG ratio of 1.90 and a beta of 0.93.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. During the same period in the previous year, the business posted $0.16 earnings per share. Equities research analysts anticipate that Schneider National will post 0.7 earnings per share for the current year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Wednesday, April 9th will be given a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.28%. Schneider National’s dividend payout ratio (DPR) is 61.29%.

Insider Buying and Selling at Schneider National

In other news, COO Mark B. Rourke sold 32,057 shares of the firm’s 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 transaction, the chief operating officer now owns 266,887 shares of the company’s stock, valued at approximately $8,833,959.70. This trade represents a 10.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Robert M. Reich, Jr. sold 6,250 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total transaction of $198,062.50. Following the sale, the chief accounting officer now directly owns 155,366 shares of the company’s stock, valued at approximately $4,923,548.54. This trade represents a 3.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 66,555 shares of company stock worth $2,153,011. 32.68% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Marshall Wace LLP acquired a new stake in Schneider National in the second quarter worth $259,000. The Manufacturers Life Insurance Company raised its stake in Schneider National by 3.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock worth $342,000 after buying an additional 493 shares during the period. Susquehanna International Group LLP lifted its holdings in Schneider National by 152.5% during the second quarter. Susquehanna International Group LLP now owns 312,776 shares of the company’s stock worth $7,557,000 after acquiring an additional 188,920 shares in the last quarter. Creative Planning grew its stake in Schneider National by 166.7% in the second quarter. Creative Planning now owns 25,571 shares of the company’s stock valued at $618,000 after acquiring an additional 15,983 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of Schneider National in the third quarter worth about $109,000. 28.54% of the stock is currently owned by institutional investors.

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.