Werner Enterprises, Inc. (NASDAQ:WERN) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in Werner Enterprises, Inc. (NASDAQ:WERN - Free Report) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 704,171 shares of the transportation company's stock after acquiring an additional 23,498 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.14% of Werner Enterprises worth $25,294,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of WERN. Blue Trust Inc. lifted its stake in shares of Werner Enterprises by 64.7% in the fourth quarter. Blue Trust Inc. now owns 1,308 shares of the transportation company's stock worth $50,000 after acquiring an additional 514 shares in the last quarter. KBC Group NV raised its stake in Werner Enterprises by 43.1% during the third quarter. KBC Group NV now owns 2,071 shares of the transportation company's stock valued at $80,000 after buying an additional 624 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Werner Enterprises during the third quarter valued at approximately $96,000. SG Americas Securities LLC raised its stake in Werner Enterprises by 59.1% during the fourth quarter. SG Americas Securities LLC now owns 4,187 shares of the transportation company's stock valued at $150,000 after buying an additional 1,555 shares in the last quarter. Finally, Cim Investment Management Inc. acquired a new stake in Werner Enterprises during the third quarter valued at approximately $203,000. Institutional investors and hedge funds own 89.32% of the company's stock.

Werner Enterprises Price Performance

NASDAQ WERN traded up $0.32 on Friday, reaching $29.57. 1,317,565 shares of the stock traded hands, compared to its average volume of 724,266. The firm's fifty day simple moving average is $33.88 and its 200 day simple moving average is $36.45. The company has a quick ratio of 1.48, a current ratio of 1.52 and a debt-to-equity ratio of 0.43. The company has a market cap of $1.83 billion, a price-to-earnings ratio of 53.76 and a beta of 0.85. Werner Enterprises, Inc. has a 12 month low of $28.77 and a 12 month high of $42.48.

Werner Enterprises (NASDAQ:WERN - Get Free Report) last issued its quarterly earnings results 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 net margin of 1.13% and a return on equity of 2.27%. As a group, research analysts predict that Werner Enterprises, Inc. will post 1.27 EPS for the current fiscal year.

Werner Enterprises Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Monday, April 14th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Monday, April 14th. Werner Enterprises's payout ratio is currently 101.82%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Barclays cut their price objective on Werner Enterprises from $40.00 to $38.00 and set an "equal weight" rating on the stock in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft assumed coverage on Werner Enterprises in a research note on Friday, March 7th. They set a "hold" rating and a $33.00 price objective on the stock. Wells Fargo & Company cut their price objective on Werner Enterprises from $36.00 to $34.00 and set an "underweight" rating on the stock in a research note on Friday, February 7th. StockNews.com raised Werner Enterprises from a "sell" rating to a "hold" rating in a report on Wednesday. Finally, Stifel Nicolaus upped their target price on Werner Enterprises from $30.00 to $35.00 and gave the company a "hold" rating in a report on Thursday, January 23rd. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Werner Enterprises has an average rating of "Hold" and an average price target of $37.00.

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.