New York State Common Retirement Fund Increases Stock Position in Schneider National, Inc. (NYSE:SNDR)
From MarketBeat:
New York State Common Retirement Fund boosted its stake in Schneider National, Inc. by 44.8% during the 3rd quarter, owning 987,255 shares of the company’s stock worth $27,337,000. Natixis Advisors L.P. also grew its position in Schneider National by 3.2% and now owns 21,247 shares.
Seven investment analysts have rated Schneider National stock with a hold rating, while seven have assigned a buy rating, with a consensus price target of $29.13. Wall Street analysts forecast growth and have given the company an average rating of “Moderate Buy.”
Schneider National opened at $24.20 on Friday with a fifty-day simple moving average of $24.52. The company has a market cap of $4.27 billion, a price-to-earnings ratio of 18.19, and a beta of 0.91. Schneider National, Inc. last announced its quarterly earnings data on Thursday, February 1st, reporting $0.16 earnings per share.
A quarterly dividend of $0.095 per share was announced by Schneider National, representing a $0.38 annualized dividend and a yield of 1.57%. This dividend represents a positive change from Schneider National’s previous quarterly dividend of $0.09. The ex-dividend date is Thursday, March 7th.
Schneider National, Inc, provides surface transportation and logistics solutions in the United States, Canada, and Mexico, operating through three segments: Truckload, Intermodal, and Logistics. With a “Moderate Buy” rating among analysts, Schneider National is not among the top five stocks recommended by top-rated analysts.
Read more: New York State Common Retirement Fund Increases Stock Position in Schneider National, Inc. (NYSE:SNDR)