Daiwa Securities Group Inc. reduced its holdings in Werner Enterprises, Inc. (NASDAQ:WERN) by 40.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,900 shares of the transportation company’s stock after selling 36,100 shares during the period. Daiwa Securities Group Inc.’s holdings in Werner Enterprises were worth $2,083,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Prudential Financial Inc. lifted its stake in Werner Enterprises by 29.4% in the 3rd quarter. Prudential Financial Inc. now owns 39,595 shares of the transportation company’s stock worth $1,447,000 after acquiring an additional 9,000 shares in the last quarter. Stevens Capital Management LP purchased a new stake in Werner Enterprises in the 3rd quarter worth about $657,000. 361 Capital LLC purchased a new stake in Werner Enterprises in the 3rd quarter worth about $1,132,000. Cigna Investments Inc. New purchased a new stake in Werner Enterprises in the 4th quarter worth about $1,315,000. Finally, Personal Capital Advisors Corp lifted its stake in Werner Enterprises by 60.7% in the 3rd quarter. Personal Capital Advisors Corp now owns 32,671 shares of the transportation company’s stock worth $1,194,000 after acquiring an additional 12,343 shares in the last quarter. 65.55% of the stock is owned by hedge funds and other institutional investors.

Werner Enterprises, Inc. (WERN) opened at $38.55 on Thursday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.67 and a current ratio of 1.72. The company has a market capitalization of $2,790.00, a PE ratio of 13.82, a PEG ratio of 1.27 and a beta of 0.93. Werner Enterprises, Inc. has a fifty-two week low of $24.20 and a fifty-two week high of $43.95.

Werner Enterprises (NASDAQ:WERN) last issued its quarterly earnings data on Monday, January 29th. The transportation company reported $0.42 EPS for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.03. The business had revenue of $567.37 million for the quarter, compared to analyst estimates of $554.58 million. Werner Enterprises had a return on equity of 8.64% and a net margin of 9.59%. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.30 EPS. analysts expect that Werner Enterprises, Inc. will post 1.97 earnings per share for the current year.

A number of equities research analysts have recently weighed in on WERN shares. Morgan Stanley raised their price target on Werner Enterprises from $32.00 to $35.00 and gave the stock an “overweight” rating in a research note on Friday, October 20th. Wells Fargo & Co raised their price target on Werner Enterprises from $29.00 to $35.00 and gave the stock a “market perform” rating in a research note on Friday, October 20th. Credit Suisse Group cut their price target on Werner Enterprises from $35.00 to $34.00 and set a “neutral” rating for the company in a research note on Friday, October 20th. Zacks Investment Research downgraded Werner Enterprises from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. Finally, BidaskClub raised Werner Enterprises from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 21st. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $39.13.

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Werner Enterprises Profile

Werner Enterprises, Inc is a transportation and logistics company. The Company is engaged in transporting truckload shipments of general commodities in both interstate and intrastate commerce. It operates through two segments: Truckload and Werner Logistics. It provides logistics services through its Werner Logistics division.

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

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