Dimensional Fund Advisors LP Has $140.23 Million Stock Position in Werner Enterprises, Inc. (NASDAQ:WERN)

Dimensional Fund Advisors LP trimmed its stake in Werner Enterprises, Inc. (NASDAQ:WERN - Free Report) by 0.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,903,885 shares of the transportation company's stock after selling 13,366 shares during the period. Dimensional Fund Advisors LP owned about 6.32% of Werner Enterprises worth $140,228,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new position in shares of Werner Enterprises during the fourth quarter worth $39,000. Blue Trust Inc. raised its position in shares of Werner Enterprises by 64.7% in the fourth quarter. Blue Trust Inc. now owns 1,308 shares of the transportation company's stock worth $50,000 after acquiring an additional 514 shares during the period. Sterling Capital Management LLC grew its holdings in Werner Enterprises by 796.3% in the fourth quarter. Sterling Capital Management LLC now owns 1,703 shares of the transportation company's stock valued at $61,000 after purchasing an additional 1,513 shares during the period. Quadrant Capital Group LLC lifted its holdings in Werner Enterprises by 35.7% during the fourth quarter. Quadrant Capital Group LLC now owns 2,431 shares of the transportation company's stock valued at $87,000 after purchasing an additional 639 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Werner Enterprises in the third quarter worth approximately $96,000. 89.32% of the stock is currently owned by hedge funds and other institutional investors.

Werner Enterprises Stock Up 0.1 %

Shares of Werner Enterprises stock traded up $0.04 on Thursday, hitting $24.70. The company had a trading volume of 522,644 shares, compared to its average volume of 815,124. The stock has a 50-day moving average of $29.47 and a 200-day moving average of $34.68. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.52 and a quick ratio of 1.48. Werner Enterprises, Inc. has a twelve month low of $23.02 and a twelve month high of $42.48. The firm has a market capitalization of $1.53 billion, a P/E ratio of 45.08 and a beta of 1.06.

Werner Enterprises (NASDAQ:WERN - Get Free Report) last released its earnings results on Tuesday, April 29th. The transportation company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.24). Werner Enterprises had a net margin of 1.13% and a return on equity of 2.27%. The firm had revenue of $712.11 million during the quarter, compared to the consensus estimate of $738.41 million. During the same quarter in the previous year, the firm posted $0.14 EPS. The company's revenue was down 7.4% on a year-over-year basis. Research analysts predict that Werner Enterprises, Inc. will post 1.27 earnings per share for the current year.

Werner Enterprises Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Monday, April 14th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date is Monday, April 14th. Werner Enterprises's dividend payout ratio is presently 101.82%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Citigroup raised shares of Werner Enterprises from a "sell" rating to a "neutral" rating and lowered their price objective for the stock from $32.00 to $29.00 in a research report on Tuesday, April 8th. UBS Group dropped their price objective on shares of Werner Enterprises from $36.00 to $30.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 22nd. The Goldman Sachs Group dropped their target price on shares of Werner Enterprises from $28.00 to $25.00 and set a "sell" rating for the company in a report on Wednesday. Susquehanna dropped their target price on shares of Werner Enterprises from $32.00 to $23.00 and set a "neutral" rating for the company in a report on Wednesday. Finally, StockNews.com raised shares of Werner Enterprises from a "sell" rating to a "hold" rating in a research note on Wednesday. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, Werner Enterprises has an average rating of "Hold" and a consensus price target of $31.14.

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.