IFP Advisors Inc lessened its stake in shares of Werner Enterprises, Inc. (NASDAQ:WERN) by 10.5% in the 4th quarter, Holdings Channel reports. The firm owned 3,223 shares of the transportation company’s stock after selling 379 shares during the period. IFP Advisors Inc’s holdings in Werner Enterprises were worth $97,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WERN. Honkamp Krueger Financial Services Inc. purchased a new stake in shares of Werner Enterprises in the 3rd quarter valued at approximately $106,000. Tower Research Capital LLC TRC grew its stake in shares of Werner Enterprises by 1,116.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 3,940 shares of the transportation company’s stock valued at $140,000 after buying an additional 3,616 shares during the period. Commonwealth Bank of Australia purchased a new stake in shares of Werner Enterprises in the 3rd quarter valued at approximately $162,000. Atria Investments LLC purchased a new stake in shares of Werner Enterprises in the 3rd quarter valued at approximately $224,000. Finally, First Citizens Bank & Trust Co. purchased a new stake in shares of Werner Enterprises in the 3rd quarter valued at approximately $249,000. Hedge funds and other institutional investors own 72.73% of the company’s stock.

Several analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Werner Enterprises from a “buy” rating to a “hold” rating in a research note on Friday, December 7th. Stifel Nicolaus set a $44.00 price target on shares of Werner Enterprises and gave the company a “hold” rating in a research note on Friday, October 19th. BidaskClub cut shares of Werner Enterprises from a “hold” rating to a “sell” rating in a research note on Wednesday, October 31st. ValuEngine cut shares of Werner Enterprises from a “hold” rating to a “sell” rating in a research note on Monday, October 29th. Finally, UBS Group cut shares of Werner Enterprises from a “buy” rating to a “neutral” rating and dropped their price target for the company from $42.00 to $36.00 in a research note on Tuesday, December 4th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company’s stock. Werner Enterprises presently has a consensus rating of “Hold” and a consensus price target of $41.21.

Werner Enterprises stock opened at $34.17 on Monday. The company has a market cap of $2.43 billion, a price-to-earnings ratio of 14.36, a price-to-earnings-growth ratio of 0.91 and a beta of 1.22. Werner Enterprises, Inc. has a 52-week low of $28.67 and a 52-week high of $42.80. The company has a current ratio of 1.47, a quick ratio of 1.37 and a debt-to-equity ratio of 0.04.

Werner Enterprises (NASDAQ:WERN) last released its earnings results on Wednesday, February 6th. The transportation company reported $0.75 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.07. The company had revenue of $646.40 million for the quarter, compared to analyst estimates of $649.70 million. Werner Enterprises had a net margin of 6.84% and a return on equity of 14.00%. The firm’s quarterly revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.42 EPS. Equities analysts expect that Werner Enterprises, Inc. will post 2.62 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 15th. Shareholders of record on Wednesday, January 2nd were issued a dividend of $0.09 per share. The ex-dividend date was Monday, December 31st. This represents a $0.36 dividend on an annualized basis and a yield of 1.05%. Werner Enterprises’s dividend payout ratio (DPR) is presently 15.13%.

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Werner Enterprises Profile

Werner Enterprises, Inc, a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, Canada, China, and Australia. It operates through two segments, Truckload Transportation Services and Werner Logistics.

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

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