Shares of Werner Enterprises, Inc. (NASDAQ:WERN - Get Free Report) reached a new 52-week low on Wednesday . The company traded as low as $30.90 and last traded at $31.13, with a volume of 1191138 shares. The stock had previously closed at $31.97.
Analyst Ratings Changes
A number of equities research analysts have commented on 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 upgraded shares of Werner Enterprises from a "sell" rating to a "hold" rating in a research note on Thursday, February 20th. Barclays lowered their price objective on shares of Werner Enterprises from $40.00 to $38.00 and set an "equal weight" rating on the stock in a report on Friday, February 7th. Wells Fargo & Company reduced their price objective on shares of Werner Enterprises from $36.00 to $34.00 and set an "underweight" rating for the company in a report on Friday, February 7th. Finally, Susquehanna upgraded shares of Werner Enterprises from a "negative" rating to a "neutral" rating and set a $38.00 target price on the stock in a report on Friday, January 3rd. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, Werner Enterprises has an average rating of "Hold" and an average target price of $37.00.
View Our Latest Stock Analysis on WERN
Werner Enterprises Stock Down 0.2 %
The stock has a 50 day moving average price of $35.10 and a 200 day moving average price of $36.98. 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 capitalization of $1.99 billion, a P/E ratio of 58.55 and a beta of 0.85.
Werner Enterprises (NASDAQ:WERN - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.08 EPS for the quarter, missing the consensus estimate 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 forecast that Werner Enterprises, Inc. will post 1.27 earnings per share 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. Shareholders of record on Monday, April 14th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Monday, April 14th. Werner Enterprises's dividend payout ratio (DPR) is 101.82%.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in WERN. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Werner Enterprises by 14.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 126,453 shares of the transportation company's stock valued at $4,542,000 after acquiring an additional 16,366 shares during the period. Squarepoint Ops LLC raised its position in shares of Werner Enterprises by 70.5% in the fourth quarter. Squarepoint Ops LLC now owns 55,917 shares of the transportation company's stock valued at $2,009,000 after purchasing an additional 23,120 shares during the period. Two Sigma Advisers LP lifted its stake in shares of Werner Enterprises by 75.3% during the 4th quarter. Two Sigma Advisers LP now owns 224,700 shares of the transportation company's stock valued at $8,071,000 after buying an additional 96,500 shares in the last quarter. Two Sigma Investments LP boosted its holdings in Werner Enterprises by 38.3% in the 4th quarter. Two Sigma Investments LP now owns 379,714 shares of the transportation company's stock worth $13,639,000 after buying an additional 105,092 shares during the period. Finally, Shay Capital LLC purchased a new position in Werner Enterprises in the 4th quarter valued at approximately $323,000. Hedge funds and other institutional investors own 89.32% of the company's stock.
About Werner Enterprises
(
Get Free Report)
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.
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