Thrivent Financial for Lutherans Decreases Position in Schneider National, Inc. (NYSE:SNDR)

Thrivent Financial for Lutherans lessened its holdings in Schneider National, Inc. (NYSE:SNDR) by 8.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,664,150 shares of the company’s stock after selling 250,481 shares during the quarter. Thrivent Financial for Lutherans owned 1.52% of Schneider National worth $78,007,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in SNDR. GAMMA Investing LLC raised its position in Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after purchasing an additional 450 shares during the period. SRS Capital Advisors Inc. increased its position in shares of Schneider National by 74.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after acquiring an additional 612 shares during the period. Blue Trust Inc. increased its position in shares of Schneider National by 489.1% in the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after acquiring an additional 1,350 shares during the period. Future Financial Wealth Managment LLC purchased a new position in shares of Schneider National in the fourth quarter valued at about $59,000. Finally, Quarry LP purchased a new position in shares of Schneider National in the third quarter valued at about $90,000. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Analyst Ratings Changes

SNDR has been the topic of a number of analyst reports. Susquehanna boosted their price objective on shares of Schneider National from $31.00 to $32.00 and gave the company a “neutral” rating in a research report on Friday, January 31st. JPMorgan Chase & Co. decreased their price objective on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Stifel Nicolaus boosted their price objective on shares of Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. Wells Fargo & Company boosted their price objective on shares of Schneider National from $31.00 to $32.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Finally, TD Cowen boosted their price target on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $30.85.

Insider Transactions at Schneider National

In other news, insider Shaleen Devgun sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $29.04, for a total value of $290,400.00. Following the transaction, the insider now owns 95,191 shares in the company, valued at approximately $2,764,346.64. This represents a 9.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 32.68% of the company’s stock.

Schneider National Trading Down 1.4 %

NYSE:SNDR opened at $23.67 on Wednesday. Schneider National, Inc. has a one year low of $20.50 and a one year high of $33.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The company’s 50-day simple moving average is $27.69 and its 200 day simple moving average is $28.72. The firm has a market capitalization of $4.15 billion, a P/E ratio of 36.41, a PEG ratio of 0.54 and a beta of 0.87.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same quarter last year, the company earned $0.16 EPS. As a group, analysts forecast that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be paid a $0.095 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 annualized dividend and a dividend yield of 1.61%. Schneider National’s dividend payout ratio is presently 58.46%.

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.