Schneider National, Inc. (NYSE:SNDR) Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans grew its stake in Schneider National, Inc. (NYSE:SNDR) by 1.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,914,631 shares of the company’s stock after acquiring an additional 48,905 shares during the quarter. Thrivent Financial for Lutherans owned about 1.66% of Schneider National worth $83,184,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. The Manufacturers Life Insurance Company grew its holdings in shares of Schneider National by 3.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock worth $342,000 after purchasing an additional 493 shares during the period. CANADA LIFE ASSURANCE Co increased its position in shares of Schneider National by 3.2% during the first quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock valued at $451,000 after acquiring an additional 618 shares during the last quarter. Hilltop National Bank raised its stake in shares of Schneider National by 28.5% in the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after acquiring an additional 676 shares during the period. California State Teachers Retirement System lifted its holdings in shares of Schneider National by 1.7% in the 1st quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock worth $1,265,000 after acquiring an additional 958 shares during the last quarter. Finally, Comerica Bank boosted its position in shares of Schneider National by 11.8% during the 1st quarter. Comerica Bank now owns 12,283 shares of the company’s stock worth $278,000 after purchasing an additional 1,297 shares during the period. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on SNDR shares. Stifel Nicolaus boosted their price target on shares of Schneider National from $25.00 to $27.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. Susquehanna lowered their price target on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. The Goldman Sachs Group dropped their price objective on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 9th. Benchmark lifted their price objective on shares of Schneider National from $27.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. Finally, JPMorgan Chase & Co. dropped their target price on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $28.31.

Schneider National Trading Down 1.2 %

SNDR opened at $30.21 on Monday. The firm has a market cap of $5.29 billion, a price-to-earnings ratio of 48.73, a price-to-earnings-growth ratio of 3.67 and a beta of 0.85. Schneider National, Inc. has a 52 week low of $20.50 and a 52 week high of $32.14. The business’s 50 day moving average is $28.40 and its two-hundred day moving average is $25.75. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.05). Schneider National had a net margin of 2.10% and a return on equity of 3.92%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. On average, research analysts predict that Schneider National, Inc. will post 0.7 EPS for the current year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be issued a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.26%. The ex-dividend date is Friday, December 13th. Schneider National’s payout ratio is 61.29%.

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.