Metropolitan Life Insurance Co. NY decreased its position in shares of Schneider National Inc (NYSE:SNDR) by 32.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,259 shares of the company’s stock after selling 6,510 shares during the quarter. Metropolitan Life Insurance Co. NY’s holdings in Schneider National were worth $379,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Acadian Asset Management LLC purchased a new stake in Schneider National in the 4th quarter worth $175,000. Verition Fund Management LLC purchased a new stake in Schneider National in the 4th quarter worth $232,000. Virtu Financial LLC purchased a new stake in Schneider National in the 4th quarter worth $251,000. SG Americas Securities LLC purchased a new stake in Schneider National in the 3rd quarter worth $283,000. Finally, Neuberger Berman Group LLC purchased a new stake in Schneider National in the 3rd quarter worth $310,000. Institutional investors own 24.37% of the company’s stock.

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Several analysts have commented on SNDR shares. Citigroup cut shares of Schneider National from a “buy” rating to a “neutral” rating in a research note on Thursday, January 4th. Robert W. Baird reiterated a “buy” rating and issued a $32.00 price target on shares of Schneider National in a research note on Friday, February 2nd. Credit Suisse Group boosted their price target on shares of Schneider National from $31.00 to $32.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Stephens restated a “hold” rating and issued a $29.00 target price on shares of Schneider National in a report on Friday, February 2nd. Finally, Morgan Stanley boosted their target price on shares of Schneider National from $28.00 to $35.00 and gave the stock an “overweight” rating in a report on Monday, February 5th. One analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Schneider National currently has an average rating of “Buy” and an average target price of $29.80.

In related news, CFO Lori A. Lutey sold 70,000 shares of the company’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $28.11, for a total transaction of $1,967,700.00. Following the transaction, the chief financial officer now directly owns 515,838 shares in the company, valued at approximately $14,500,206.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 43.46% of the company’s stock.

Schneider National stock opened at $27.06 on Tuesday. Schneider National Inc has a twelve month low of $17.69 and a twelve month high of $30.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.19 and a current ratio of 2.37. The stock has a market capitalization of $4,573.23 and a PE ratio of 28.79.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, February 1st. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. Schneider National had a net margin of 8.89% and a return on equity of 10.24%. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the firm posted $0.31 EPS. The business’s quarterly revenue was up 11.3% on a year-over-year basis. equities analysts forecast that Schneider National Inc will post 1.4 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, April 9th. Stockholders of record on Thursday, March 15th were issued a $0.06 dividend. The ex-dividend date was Wednesday, March 14th. This is an increase from Schneider National’s previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.89%. Schneider National’s payout ratio is 25.53%.

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Schneider National Company Profile

Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.

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Institutional Ownership by Quarter for Schneider National (NYSE:SNDR)

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