Parallel Advisors LLC Has $344,000 Position in Schneider National, Inc. (NYSE:SNDR)

Parallel Advisors LLC lifted its holdings in Schneider National, Inc. (NYSE:SNDR) by 18.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 11,735 shares of the company’s stock after purchasing an additional 1,815 shares during the quarter. Parallel Advisors LLC’s holdings in Schneider National were worth $344,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. GW&K Investment Management LLC boosted its holdings in shares of Schneider National by 8.7% in the fourth quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company’s stock valued at $58,204,000 after buying an additional 158,505 shares during the period. State Street Corp lifted its position in Schneider National by 75.4% in the 3rd quarter. State Street Corp now owns 1,730,769 shares of the company’s stock valued at $49,545,000 after acquiring an additional 743,800 shares in the last quarter. Copeland Capital Management LLC boosted its stake in Schneider National by 2.4% in the 4th quarter. Copeland Capital Management LLC now owns 1,622,974 shares of the company’s stock worth $47,521,000 after purchasing an additional 38,796 shares during the period. Jacobs Levy Equity Management Inc. increased its holdings in Schneider National by 2.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,263,770 shares of the company’s stock worth $36,068,000 after purchasing an additional 34,477 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Schneider National by 0.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 822,060 shares of the company’s stock valued at $24,070,000 after purchasing an additional 2,727 shares during the period. 28.54% of the stock is owned by institutional investors.

Analysts Set New Price Targets

SNDR has been the subject of several recent research reports. Stifel Nicolaus increased their price objective on Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. TD Cowen raised 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 Tuesday, November 26th. Susquehanna boosted their price objective on shares of Schneider National from $31.00 to $32.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Stephens reaffirmed an “equal weight” rating and issued a $30.00 target price (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Finally, Wells Fargo & Company boosted their price target on shares of Schneider National from $31.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $30.85.

Schneider National Trading Down 0.2 %

Shares of NYSE:SNDR opened at $23.11 on Friday. Schneider National, Inc. has a 52-week low of $20.50 and a 52-week high of $33.90. 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 company has a market capitalization of $4.06 billion, a P/E ratio of 35.56, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87. The company has a 50-day simple moving average of $27.35 and a 200 day simple moving average of $28.62.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same period in the previous year, the business earned $0.16 earnings per share. Sell-side analysts forecast that Schneider National, Inc. will post 1.12 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, April 9th. Stockholders of record on Friday, March 14th will be given a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.64%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National’s payout ratio is presently 58.46%.

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.