9,153 Shares in Werner Enterprises, Inc. (NASDAQ:WERN) Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC acquired a new stake in Werner Enterprises, Inc. (NASDAQ:WERN - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 9,153 shares of the transportation company's stock, valued at approximately $329,000.

A number of other institutional investors have also recently modified their holdings of the stock. American Century Companies Inc. raised 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 valued at $71,380,000 after purchasing an additional 234,811 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Werner Enterprises by 9.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,660,846 shares of the transportation company's stock valued at $59,010,000 after buying an additional 143,953 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Werner Enterprises by 145.2% during the 4th quarter. JPMorgan Chase & Co. now owns 210,389 shares of the transportation company's stock worth $7,557,000 after acquiring an additional 124,574 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Werner Enterprises during the 4th quarter worth approximately $2,791,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in Werner Enterprises by 672.8% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 75,632 shares of the transportation company's stock valued at $2,717,000 after acquiring an additional 65,845 shares during the last quarter. 89.32% of the stock is currently owned by institutional investors.

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Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft began coverage on Werner Enterprises in a research note on Friday, March 7th. They set a "hold" rating and a $33.00 target price for the company. Stifel Nicolaus raised their price objective on Werner Enterprises from $30.00 to $35.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. StockNews.com raised Werner Enterprises from a "sell" rating to a "hold" rating in a research note on Wednesday, March 19th. Wells Fargo & Company reduced their price target on shares of Werner Enterprises from $34.00 to $27.00 and set an "underweight" rating on the stock in a research note on Thursday, March 27th. Finally, Barclays lowered their price objective on shares of Werner Enterprises from $38.00 to $32.00 and set an "equal weight" rating for the company in a research report on Wednesday. Five 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 currently has a consensus rating of "Hold" and an average target price of $35.73.

Werner Enterprises Trading Down 9.1 %

NASDAQ WERN traded down $2.74 on Thursday, reaching $27.34. The company had a trading volume of 1,106,847 shares, compared to its average volume of 769,352. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 49.71 and a beta of 0.85. Werner Enterprises, Inc. has a fifty-two week low of $27.10 and a fifty-two week high of $42.48. The business has a 50 day moving average of $32.58 and a two-hundred day moving average of $36.01. 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 (NASDAQ:WERN - Get Free Report) last issued 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%. Analysts forecast that Werner Enterprises, Inc. will post 1.27 EPS for the current year.

Werner Enterprises Dividend Announcement

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 dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend is Monday, April 14th. Werner Enterprises's dividend payout ratio (DPR) is presently 101.82%.

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.