Werner Enterprises, Inc. (WERN) Shares Sold by Pflug Koory LLC

Pflug Koory LLC lessened its position in shares of Werner Enterprises, Inc. (NASDAQ:WERN) by 2.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,555 shares of the transportation company’s stock after selling 492 shares during the period. Pflug Koory LLC’s holdings in Werner Enterprises were worth $565,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in WERN. NumerixS Investment Technologies Inc grew its holdings in shares of Werner Enterprises by 150.0% in the 4th quarter. NumerixS Investment Technologies Inc now owns 1,000 shares of the transportation company’s stock worth $30,000 after acquiring an additional 600 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Werner Enterprises by 81.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,262 shares of the transportation company’s stock worth $37,000 after buying an additional 567 shares during the period. Advisor Group Inc. boosted its position in shares of Werner Enterprises by 145.4% in the fourth quarter. Advisor Group Inc. now owns 2,123 shares of the transportation company’s stock worth $61,000 after buying an additional 1,258 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Werner Enterprises by 40.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,214 shares of the transportation company’s stock worth $95,000 after buying an additional 922 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in shares of Werner Enterprises by 1,116.0% in the third quarter. Tower Research Capital LLC TRC now owns 3,940 shares of the transportation company’s stock worth $140,000 after buying an additional 3,616 shares during the period. 69.11% of the stock is currently owned by institutional investors.

Werner Enterprises stock opened at $33.48 on Friday. Werner Enterprises, Inc. has a 52 week low of $28.67 and a 52 week high of $42.80. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.38 and a current ratio of 1.41. The stock has a market capitalization of $2.31 billion, a PE ratio of 14.07, a price-to-earnings-growth ratio of 1.01 and a beta of 1.23.

Werner Enterprises (NASDAQ:WERN) last issued its quarterly earnings results on Thursday, April 25th. The transportation company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.03. Werner Enterprises had a return on equity of 14.56% and a net margin of 7.08%. The firm had revenue of $596.10 million for the quarter, compared to analyst estimates of $620.14 million. During the same period in the previous year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. Analysts anticipate that Werner Enterprises, Inc. will post 2.63 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 15th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Friday, April 12th. Werner Enterprises’s payout ratio is 15.13%.

Several analysts have recently commented on the company. Zacks Investment Research cut Werner Enterprises from a “buy” rating to a “hold” rating in a research report on Monday, April 1st. ValuEngine raised Werner Enterprises from a “sell” rating to a “hold” rating in a research report on Wednesday, March 27th. Buckingham Research reduced their price objective on Werner Enterprises from $43.00 to $42.00 and set a “buy” rating for the company in a research report on Tuesday, April 2nd. Cowen reissued a “market perform” rating and set a $36.00 price objective (up previously from $35.00) on shares of Werner Enterprises in a research report on Friday, April 26th. Finally, BidaskClub raised Werner Enterprises from a “sell” rating to a “hold” rating in a research report on Friday, March 15th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. Werner Enterprises presently has a consensus rating of “Hold” and a consensus price target of $40.54.

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Werner Enterprises Profile

Werner Enterprises, Inc, a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, Canada, and China. It operates in two segments, Truckload Transportation Services and Werner Logistics.

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Institutional Ownership by Quarter for Werner Enterprises (NASDAQ:WERN)

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