Thrivent Financial for Lutherans Sells 250,481 Shares of Schneider National, Inc. (NYSE:SNDR)

Thrivent Financial for Lutherans decreased its stake in shares of Schneider National, Inc. (NYSE:SNDR) by 8.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,664,150 shares of the company’s stock after selling 250,481 shares during the period. Thrivent Financial for Lutherans’ holdings in Schneider National were worth $78,007,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SNDR. GAMMA Investing LLC lifted its position in Schneider National by 52.6% during the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after purchasing an additional 450 shares during the period. SRS Capital Advisors Inc. increased its holdings in Schneider National by 74.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after buying an additional 612 shares during the last quarter. Blue Trust Inc. increased its holdings in Schneider National by 489.1% during the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after buying an additional 1,350 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new stake in Schneider National during the fourth quarter valued at approximately $59,000. Finally, Quarry LP purchased a new stake in Schneider National during the third quarter valued at approximately $90,000. Institutional investors own 28.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. JPMorgan Chase & Co. reduced their target price on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Benchmark upped their target price on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Stifel Nicolaus upped their target price on shares of Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. Stephens reaffirmed an “equal weight” rating and set a $30.00 target price (down from $32.00) on shares of Schneider National in a report on Monday, February 3rd. Finally, TD Cowen upped their target price on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $30.85.

Schneider National Stock Performance

Shares of NYSE SNDR opened at $23.67 on Wednesday. Schneider National, Inc. has a 52-week low of $20.50 and a 52-week high of $33.90. The company has a market cap of $4.15 billion, a P/E ratio of 36.41, a P/E/G ratio of 0.54 and a beta of 0.87. The firm’s fifty day moving average is $27.69 and its two-hundred day moving average is $28.72. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same period in the previous year, the company posted $0.16 earnings per share. As a group, 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. Shareholders of record on Friday, March 14th will be paid a $0.095 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.61%. Schneider National’s payout ratio is currently 58.46%.

Insiders Place Their Bets

In related news, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $29.04, for a total transaction of $290,400.00. Following the completion of the transaction, the insider now directly owns 95,191 shares of the company’s stock, valued at approximately $2,764,346.64. The trade was a 9.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 32.68% of the company’s stock.

Schneider National 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.