Jump Financial LLC Raises Stock Holdings in Werner Enterprises, Inc. (NASDAQ:WERN)

Jump Financial LLC increased its holdings in shares of Werner Enterprises, Inc. (NASDAQ:WERN - Free Report) by 330.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,219 shares of the transportation company's stock after purchasing an additional 44,696 shares during the period. Jump Financial LLC owned 0.09% of Werner Enterprises worth $2,091,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its stake in 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 acquiring an additional 143,953 shares during the period. Vanguard Group Inc. raised its stake in Werner Enterprises by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 6,730,457 shares of the transportation company's stock worth $241,758,000 after acquiring an additional 32,228 shares during the period. Barclays PLC raised its stake in Werner Enterprises by 12.8% during the third quarter. Barclays PLC now owns 435,447 shares of the transportation company's stock worth $16,804,000 after acquiring an additional 49,568 shares during the period. Atria Investments Inc raised its stake in Werner Enterprises by 16.3% during the fourth quarter. Atria Investments Inc now owns 9,479 shares of the transportation company's stock worth $340,000 after acquiring an additional 1,329 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in Werner Enterprises by 0.7% during the third quarter. JPMorgan Chase & Co. now owns 85,815 shares of the transportation company's stock worth $3,312,000 after acquiring an additional 559 shares during the period. 89.32% of the stock is owned by hedge funds and other institutional investors.

Werner Enterprises Stock Up 1.6 %

Werner Enterprises stock traded up $0.45 during midday trading on Thursday, reaching $28.71. The stock had a trading volume of 122,284 shares, compared to its average volume of 797,485. Werner Enterprises, Inc. has a 12 month low of $26.50 and a 12 month high of $42.48. The company has a market capitalization of $1.78 billion, a P/E ratio of 52.20 and a beta of 1.06. The company has a fifty day moving average price of $30.17 and a two-hundred day moving average price of $34.99. 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 (NASDAQ:WERN - Get Free Report) last released 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, equities analysts expect 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. Investors of record on Monday, April 14th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.95%. The ex-dividend date is Monday, April 14th. Werner Enterprises's dividend payout ratio (DPR) is currently 101.82%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Stifel Nicolaus cut their target price on Werner Enterprises from $35.00 to $29.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. The Goldman Sachs Group lowered their price target on Werner Enterprises from $36.00 to $28.00 and set a "sell" rating on the stock 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. UBS Group lowered their price target on Werner Enterprises from $36.00 to $30.00 and set a "neutral" rating on the stock in a report on Tuesday. Finally, Wells Fargo & Company lowered their price target on Werner Enterprises from $34.00 to $27.00 and set an "underweight" rating on the stock in a report on Thursday, March 27th. Four 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 MarketBeat, Werner Enterprises currently has a consensus rating of "Hold" and a consensus 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.