Werner Enterprises, Inc. (NASDAQ:WERN) Shares Bought by Deutsche Bank AG

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

A number of other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of Werner Enterprises by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 6,730,457 shares of the transportation company's stock worth $241,758,000 after buying an additional 32,228 shares during the period. Deprince Race & Zollo Inc. grew its position 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 valued at $76,211,000 after acquiring an additional 19,370 shares during the last quarter. American Century Companies Inc. increased its stake in Werner Enterprises by 13.4% in the fourth quarter. American Century Companies Inc. now owns 1,987,187 shares of the transportation company's stock worth $71,380,000 after purchasing an additional 234,811 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of Werner Enterprises by 9.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,660,846 shares of the transportation company's stock worth $59,010,000 after purchasing an additional 143,953 shares during the last quarter. Finally, Maple Rock Capital Partners Inc. purchased a new stake in shares of Werner Enterprises during the fourth quarter valued at $35,257,000. 89.32% of the stock is currently owned by institutional investors.

Werner Enterprises Stock Up 2.3%

Shares of NASDAQ:WERN traded up $0.60 during trading on Tuesday, reaching $26.36. The stock had a trading volume of 611,420 shares, compared to its average volume of 829,694. The firm's 50-day simple moving average is $27.77 and its 200 day simple moving average is $33.21. The company has a current ratio of 1.52, a quick ratio of 1.48 and a debt-to-equity ratio of 0.43. Werner Enterprises, Inc. has a one year low of $23.02 and a one year high of $42.48. The company has a market capitalization of $1.63 billion, a P/E ratio of 47.93 and a beta of 1.09.

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

Werner Enterprises Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 23rd. Stockholders of record on Monday, July 7th will be paid a dividend of $0.14 per share. The ex-dividend date is Monday, July 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.12%. Werner Enterprises's payout ratio is 193.10%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on WERN. Stifel Nicolaus lowered their price objective on shares of Werner Enterprises from $29.00 to $24.00 and set a "hold" rating for the company in a research report on Thursday, May 1st. Citigroup upgraded Werner Enterprises from a "sell" rating to a "neutral" rating and lowered their price target for the company from $32.00 to $29.00 in a report on Tuesday, April 8th. The Goldman Sachs Group reduced their price objective on Werner Enterprises from $28.00 to $25.00 and set a "sell" rating on the stock in a report on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft assumed coverage on Werner Enterprises in a report on Friday, March 7th. They issued a "hold" rating and a $33.00 target price for the company. Finally, Susquehanna cut their price target on Werner Enterprises from $32.00 to $23.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 30th. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $29.69.

Werner Enterprises 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.