FCG Investment Co Boosts Position in Schneider National, Inc. (NYSE:SNDR)

FCG Investment Co grew its holdings in shares of Schneider National, Inc. (NYSE:SNDR) by 13.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,540 shares of the company’s stock after buying an additional 1,534 shares during the quarter. FCG Investment Co’s holdings in Schneider National were worth $367,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SG Americas Securities LLC increased its holdings in Schneider National by 766.0% in the 4th quarter. SG Americas Securities LLC now owns 33,203 shares of the company’s stock valued at $972,000 after purchasing an additional 29,369 shares in the last quarter. Park Avenue Securities LLC boosted its position in shares of Schneider National by 32.6% in the fourth quarter. Park Avenue Securities LLC now owns 22,812 shares of the company’s stock worth $668,000 after buying an additional 5,613 shares during the period. Future Financial Wealth Managment LLC acquired a new stake in shares of Schneider National in the fourth quarter valued at about $59,000. GAMMA Investing LLC raised its holdings in shares of Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after buying an additional 450 shares during the period. Finally, Principal Financial Group Inc. acquired a new position in Schneider National during the 3rd quarter worth approximately $6,327,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Trading Down 0.1 %

Shares of NYSE SNDR opened at $29.75 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The stock’s 50 day moving average price is $30.48 and its two-hundred day moving average price is $28.41. Schneider National, Inc. has a 52-week low of $20.50 and a 52-week high of $33.90. The stock has a market capitalization of $5.21 billion, a P/E ratio of 47.99, a PEG ratio of 1.90 and a beta of 0.93.

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

Schneider National Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th were issued a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.28%. The ex-dividend date was Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is presently 61.29%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. 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 report on Thursday, November 7th. JPMorgan Chase & Co. lowered their price target 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. Bank of America boosted their price objective on shares of Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Citigroup downgraded Schneider National from a “neutral” rating to a “sell” rating and lowered their target price for the company from $32.00 to $30.00 in a research note on Tuesday, November 12th. Finally, TD Cowen lifted their target price on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. 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. According to data from MarketBeat.com, Schneider National presently has a consensus rating of “Hold” and an average target price of $29.38.

Insider Activity at Schneider National

In other Schneider National news, COO Mark B. Rourke sold 32,057 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total value of $1,061,086.70. Following the sale, the chief operating officer now directly owns 266,887 shares in the company, valued at approximately $8,833,959.70. This trade 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. Also, CAO Robert M. Reich, Jr. sold 6,250 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $31.69, for a total transaction of $198,062.50. Following the transaction, 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 position. The disclosure for this sale can be found here. Insiders sold a total of 66,555 shares of company stock valued at $2,153,011 in the last quarter. Insiders own 32.68% of the company’s stock.

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.