Werner Enterprises, Inc. (NASDAQ:WERN) Stock Position Raised by Quadrant Capital Group LLC

Quadrant Capital Group LLC boosted its position in shares of Werner Enterprises, Inc. (NASDAQ:WERN) by 35.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,431 shares of the transportation company’s stock after purchasing an additional 639 shares during the period. Quadrant Capital Group LLC’s holdings in Werner Enterprises were worth $87,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC increased its stake in shares of Werner Enterprises by 171.8% in the third quarter. FMR LLC now owns 11,743 shares of the transportation company’s stock valued at $453,000 after buying an additional 7,422 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of Werner Enterprises by 61.7% in the third quarter. BNP Paribas Financial Markets now owns 22,925 shares of the transportation company’s stock worth $885,000 after acquiring an additional 8,746 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Werner Enterprises by 9.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 110,087 shares of the transportation company’s stock valued at $4,248,000 after purchasing an additional 9,406 shares during the last quarter. Verition Fund Management LLC acquired a new stake in shares of Werner Enterprises in the third quarter valued at approximately $485,000. Finally, Barclays PLC raised its position in shares of Werner Enterprises by 12.8% during the third quarter. Barclays PLC now owns 435,447 shares of the transportation company’s stock worth $16,804,000 after acquiring an additional 49,568 shares during the last quarter. 89.32% of the stock is owned by institutional investors.

Analyst Ratings Changes

WERN has been the subject of several recent research reports. StockNews.com cut shares of Werner Enterprises from a “hold” rating to a “sell” rating in a research report on Thursday, April 3rd. Citigroup raised Werner Enterprises from a “sell” rating to a “neutral” rating and cut their target price for the company from $32.00 to $29.00 in a research note on Tuesday. Susquehanna decreased their target price on Werner Enterprises from $39.00 to $32.00 and set a “neutral” rating for the company in a research report on Wednesday, March 26th. The Goldman Sachs Group cut their price target on shares of Werner Enterprises from $36.00 to $28.00 and set a “sell” rating on the stock in a research report on Thursday. Finally, Wells Fargo & Company decreased their price objective on shares of Werner Enterprises from $34.00 to $27.00 and set an “underweight” rating for the company in a report on Thursday, March 27th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $35.07.

Werner Enterprises Stock Down 0.9 %

WERN stock opened at $28.52 on Friday. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 51.85 and a beta of 1.06. Werner Enterprises, Inc. has a twelve month low of $26.50 and a twelve month high of $42.48. The business has a 50 day moving average price of $31.35 and a two-hundred day moving average price of $35.55. The company has a quick ratio of 1.48, a current ratio of 1.52 and a debt-to-equity ratio of 0.43.

Werner Enterprises (NASDAQ:WERN) last posted its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.15). Werner Enterprises had a return on equity of 2.27% and a net margin of 1.13%. Analysts anticipate that Werner Enterprises, Inc. will post 1.27 EPS for the current fiscal year.

Werner Enterprises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Monday, April 14th will be given a $0.14 dividend. The ex-dividend date is Monday, April 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.96%. Werner Enterprises’s payout ratio is 101.82%.

Werner Enterprises Company Profile

Werner Enterprises, Inc, together with its subsidiaries, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. The company operates through two segments, Truckload Transportation Services and Werner Logistics.