American Century Companies Inc. Boosts Position in Schneider National, Inc. (NYSE:SNDR)

American Century Companies Inc. raised its stake in Schneider National, Inc. (NYSE:SNDR) by 14.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,469,951 shares of the company’s stock after purchasing an additional 306,275 shares during the period. American Century Companies Inc. owned 1.41% of Schneider National worth $72,320,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its stake in Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after buying an additional 450 shares during the last quarter. SRS Capital Advisors Inc. grew its position in shares of Schneider National by 74.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock worth $42,000 after acquiring an additional 612 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Schneider National by 489.1% in the 4th 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 stake in Schneider National in the 4th quarter valued at $59,000. Finally, Quarry LP acquired a new stake in Schneider National during the 3rd quarter worth $90,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Trading Down 1.3 %

Shares of Schneider National stock opened at $23.39 on Wednesday. The company has a 50-day moving average of $27.12 and a two-hundred day moving average of $28.59. Schneider National, Inc. has a 12-month low of $20.50 and a 12-month high of $33.90. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The stock has a market cap of $4.10 billion, a PE ratio of 35.98, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, meeting the consensus estimate 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 prior year, the company posted $0.16 earnings per share. On average, research analysts anticipate that Schneider National, Inc. will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be given 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 1.62%. Schneider National’s dividend payout ratio is presently 58.46%.

Analyst Ratings Changes

SNDR has been the topic of a number of recent research reports. TD Cowen lifted their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Stephens restated an “equal weight” rating and issued a $30.00 price target (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Susquehanna lifted their target price on Schneider National from $31.00 to $32.00 and gave the company a “neutral” rating in a research note on Friday, January 31st. Wells Fargo & Company upped their price target on Schneider National from $31.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Friday, January 31st. Finally, Stifel Nicolaus lifted 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. 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $30.85.

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.