Tudor Investment Corp ET AL Invests $564,000 in Schneider National, Inc. $SNDR

Tudor Investment Corp ET AL acquired a new stake in shares of Schneider National, Inc. (NYSE:SNDR) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 26,671 shares of the company’s stock, valued at approximately $564,000.

A number of other large investors also recently modified their holdings of the company. Allianz Asset Management GmbH raised its stake in shares of Schneider National by 29.9% during the third quarter. Allianz Asset Management GmbH now owns 156,712 shares of the company’s stock worth $3,316,000 after acquiring an additional 36,117 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Schneider National in the 3rd quarter valued at $1,165,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Schneider National in the 3rd quarter valued at $1,815,000. Public Sector Pension Investment Board grew its holdings in shares of Schneider National by 21.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 194,247 shares of the company’s stock valued at $4,110,000 after purchasing an additional 34,214 shares during the last quarter. Finally, MQS Management LLC purchased a new position in Schneider National in the 3rd quarter worth $749,000. 28.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Darrell George Campbell sold 6,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $28.89, for a total value of $173,340.00. Following the completion of the sale, the chief financial officer owned 66,275 shares of the company’s stock, valued at $1,914,684.75. This trade represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 23.64% of the stock is owned by insiders.

Schneider National Stock Up 3.0%

NYSE SNDR opened at $26.39 on Wednesday. Schneider National, Inc. has a 1 year low of $20.11 and a 1 year high of $30.98. The stock has a market capitalization of $4.63 billion, a PE ratio of 44.72, a PEG ratio of 0.76 and a beta of 1.06. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.13 and a quick ratio of 1.95. The business’s 50-day moving average is $27.47 and its 200 day moving average is $25.36.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, January 29th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.08). Schneider National had a net margin of 1.83% and a return on equity of 3.66%. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the previous year, the company earned $0.20 EPS. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. Sell-side analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current year.

Schneider National announced that its Board of Directors has authorized a share repurchase plan on Wednesday, January 28th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 2.9% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s management believes its stock is undervalued.

Schneider National Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 13th will be issued a dividend of $0.10 per share. This is a boost from Schneider National’s previous quarterly dividend of $0.10. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, March 13th. Schneider National’s dividend payout ratio is currently 67.80%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Wells Fargo & Company lowered their price target on shares of Schneider National from $30.00 to $25.00 and set an “equal weight” rating for the company in a research note on Friday, January 30th. Evercore lifted their price objective on Schneider National from $21.00 to $30.00 and gave the stock an “in-line” rating in a report on Tuesday, January 13th. Stifel Nicolaus lowered Schneider National from a “buy” rating to a “hold” rating and lowered their target price for the company from $32.00 to $26.00 in a research note on Tuesday, February 3rd. National Bank Financial set a $27.00 target price on Schneider National in a report on Friday, February 6th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Schneider National in a research note on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Schneider National presently has an average rating of “Hold” and a consensus price target of $28.43.

Schneider National Profile

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.