Barclays PLC Has $16.62 Million Stake in Werner Enterprises, Inc. (NASDAQ:WERN)

Barclays PLC raised its stake in Werner Enterprises, Inc. (NASDAQ:WERN - Free Report) by 6.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 462,545 shares of the transportation company's stock after acquiring an additional 27,098 shares during the period. Barclays PLC owned about 0.75% of Werner Enterprises worth $16,615,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CIBC Asset Management Inc raised its position in Werner Enterprises by 4.6% in the 4th quarter. CIBC Asset Management Inc now owns 6,168 shares of the transportation company's stock worth $222,000 after purchasing an additional 274 shares during the last quarter. Keybank National Association OH raised its position in shares of Werner Enterprises by 1.5% during the fourth quarter. Keybank National Association OH now owns 20,216 shares of the transportation company's stock worth $726,000 after acquiring an additional 305 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its position in Werner Enterprises by 0.7% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 53,495 shares of the transportation company's stock valued at $1,922,000 after purchasing an additional 359 shares during the period. Bank of Montreal Can boosted its stake in Werner Enterprises by 7.7% in the fourth quarter. Bank of Montreal Can now owns 6,761 shares of the transportation company's stock valued at $243,000 after acquiring an additional 485 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in shares of Werner Enterprises by 64.7% in the 4th quarter. Blue Trust Inc. now owns 1,308 shares of the transportation company's stock worth $50,000 after purchasing an additional 514 shares during the last quarter. 89.32% of the stock is owned by institutional investors.

Werner Enterprises Stock Down 3.9 %

WERN traded down $1.12 on Friday, hitting $27.73. 167,238 shares of the company were exchanged, compared to its average volume of 797,116. The stock's fifty day moving average is $30.05 and its 200-day moving average is $34.94. Werner Enterprises, Inc. has a 12 month low of $26.50 and a 12 month high of $42.48. 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 company has a market cap of $1.72 billion, a PE ratio of 50.39 and a beta of 1.06.

Werner Enterprises (NASDAQ:WERN - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.15). Werner Enterprises had a return on equity of 2.27% and a net margin of 1.13%. Equities research analysts predict that Werner Enterprises, Inc. will post 1.27 EPS for the current fiscal year.

Werner Enterprises Announces Dividend

The company 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. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend is Monday, April 14th. Werner Enterprises's dividend payout ratio (DPR) is presently 101.82%.

Wall Street Analysts Forecast Growth

WERN has been the topic of several analyst reports. Wells Fargo & Company cut their target price on Werner Enterprises from $34.00 to $27.00 and set an "underweight" rating on the stock in a research note on Thursday, March 27th. Citigroup raised shares of Werner Enterprises from a "sell" rating to a "neutral" rating and lowered their target price for the company from $32.00 to $29.00 in a research note on Tuesday, April 8th. The Goldman Sachs Group decreased their price target on shares of Werner Enterprises from $36.00 to $28.00 and set a "sell" rating for the company in a report on Thursday, April 10th. StockNews.com downgraded Werner Enterprises from a "hold" rating to a "sell" rating in a report on Thursday, April 3rd. Finally, Deutsche Bank Aktiengesellschaft began coverage on Werner Enterprises in a report on Friday, March 7th. They set a "hold" rating and a $33.00 price objective on the stock. Four research 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 an average rating of "Hold" and an average price target of $34.07.

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.