Insider Selling: Schneider National, Inc. (NYSE:SNDR) CAO Sells 6,250 Shares of Stock

Schneider National, Inc. (NYSE:SNDR) CAO Robert M. Reich, Jr. sold 6,250 shares of the stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total value of $198,062.50. Following the sale, the chief accounting officer now directly owns 155,366 shares in the company, valued at $4,923,548.54. This represents a 3.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Schneider National Price Performance

SNDR traded up $0.07 on Friday, hitting $31.58. 176,400 shares of the company’s stock were exchanged, compared to its average volume of 824,567. The firm has a 50-day moving average price of $29.59 and a 200-day moving average price of $26.65. The stock has a market cap of $5.53 billion, a price-to-earnings ratio of 50.82, a P/E/G ratio of 3.32 and a beta of 0.90. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. Schneider National, Inc. has a fifty-two week low of $20.50 and a fifty-two week high of $33.90.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data 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 net margin of 2.10% and a return on equity of 3.92%. The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.33 billion. As a group, equities analysts anticipate that Schneider National, Inc. will post 0.7 earnings per share for the current year.

Schneider National Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is currently 61.29%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on SNDR shares. Citigroup downgraded Schneider National from a “neutral” rating to a “sell” rating and lowered their target price for the stock from $32.00 to $30.00 in a research note on Tuesday, November 12th. Stifel Nicolaus raised their price objective on shares of Schneider National from $25.00 to $27.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. Susquehanna decreased their target price on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. Evercore ISI dropped their price target on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a research report on Thursday, November 7th. Finally, TD Cowen upped their price target on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Schneider National has an average rating of “Hold” and a consensus price target of $29.08.

Institutional Trading of Schneider National

Several large investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. purchased a new position in Schneider National during the third quarter worth about $6,327,000. Louisiana State Employees Retirement System purchased a new stake in shares of Schneider National during the 3rd quarter valued at approximately $648,000. Tidal Investments LLC acquired a new position in Schneider National in the first quarter valued at approximately $468,000. GSA Capital Partners LLP purchased a new position in Schneider National in the third quarter worth approximately $713,000. Finally, Thrivent Financial for Lutherans grew its position in Schneider National by 1.1% in the second quarter. Thrivent Financial for Lutherans now owns 2,865,726 shares of the company’s stock worth $69,236,000 after acquiring an additional 30,113 shares during the period. 28.54% of the stock is currently owned by hedge funds and other 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.