Werner Enterprises, Inc. (NASDAQ:WERN) Holdings Raised by Deutsche Bank AG

Deutsche Bank AG lifted its holdings in Werner Enterprises, Inc. (NASDAQ:WERN - Free Report) by 34.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 53,640 shares of the transportation company's stock after purchasing an additional 13,758 shares during the period. Deutsche Bank AG owned about 0.09% of Werner Enterprises worth $1,927,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Deprince Race & Zollo Inc. boosted its stake in Werner Enterprises by 0.9% in the 4th quarter. Deprince Race & Zollo Inc. now owns 2,121,696 shares of the transportation company's stock worth $76,211,000 after purchasing an additional 19,370 shares in the last quarter. Dean Capital Management lifted its stake in shares of Werner Enterprises by 0.9% during the fourth quarter. Dean Capital Management now owns 81,208 shares of the transportation company's stock worth $2,917,000 after buying an additional 710 shares during the period. Crestline Management LP purchased a new stake in shares of Werner Enterprises during the fourth quarter valued at $254,000. Balyasny Asset Management L.P. grew its holdings in shares of Werner Enterprises by 434.0% during the fourth quarter. Balyasny Asset Management L.P. now owns 28,402 shares of the transportation company's stock valued at $1,020,000 after buying an additional 23,083 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Werner Enterprises by 24.5% in the 4th quarter. Ameriprise Financial Inc. now owns 560,698 shares of the transportation company's stock worth $20,140,000 after acquiring an additional 110,336 shares during the last quarter. 89.32% of the stock is currently owned by institutional investors.

Werner Enterprises Price Performance

WERN stock traded up $0.10 during trading on Thursday, reaching $26.25. 932,728 shares of the company were exchanged, compared to its average volume of 832,147. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.48 and a current ratio of 1.52. The stock's 50 day moving average price is $27.57 and its 200 day moving average price is $33.01. Werner Enterprises, Inc. has a 52-week low of $23.02 and a 52-week high of $42.48. The company has a market cap of $1.62 billion, a P/E ratio of 47.73 and a beta of 1.09.

Werner Enterprises (NASDAQ:WERN - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The transportation company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.24). The business had revenue of $712.11 million for the quarter, compared to analysts' expectations of $738.41 million. Werner Enterprises had a return on equity of 2.27% and a net margin of 1.13%. The company's revenue for the quarter was down 7.4% on a year-over-year basis. During the same period last year, the business earned $0.14 earnings per share. As a group, analysts predict that Werner Enterprises, Inc. will post 1.27 earnings per share for the current fiscal year.

Werner Enterprises Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 23rd. Shareholders of record on Monday, July 7th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend is Monday, July 7th. Werner Enterprises's dividend payout ratio (DPR) is presently 193.10%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. UBS Group reduced their price objective on Werner Enterprises from $30.00 to $27.00 and set a "neutral" rating for the company in a research note on Monday, May 5th. Stifel Nicolaus reduced their price target on Werner Enterprises from $29.00 to $24.00 and set a "hold" rating for the company in a research report on Thursday, May 1st. Wells Fargo & Company decreased their price target on Werner Enterprises from $27.00 to $24.00 and set an "underweight" rating for the company in a report on Wednesday, April 30th. Wall Street Zen cut shares of Werner Enterprises from a "hold" rating to a "sell" rating in a research note on Thursday, May 8th. Finally, Citigroup raised shares of 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 report on Tuesday, April 8th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Werner Enterprises presently has an average rating of "Hold" and a consensus target price of $29.69.

About Werner Enterprises

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.