Werner Enterprises (NASDAQ:WERN) Earns Hold Rating from Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft initiated coverage on shares of Werner Enterprises (NASDAQ:WERN) in a research report sent to investors on Friday, Marketbeat Ratings reports. The firm issued a hold rating and a $33.00 target price on the transportation company’s stock.

Other equities research analysts have also issued reports about the company. Barclays dropped their price target on Werner Enterprises from $40.00 to $38.00 and set an “equal weight” rating on the stock in a research report on Friday, February 7th. StockNews.com raised Werner Enterprises from a “sell” rating to a “hold” rating in a report on Thursday, February 20th. Stifel Nicolaus raised their price target on Werner Enterprises from $30.00 to $35.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. Susquehanna raised Werner Enterprises from a “negative” rating to a “neutral” rating and set a $38.00 target price on the stock in a research report on Friday, January 3rd. Finally, Wells Fargo & Company lowered their price target on shares of Werner Enterprises from $36.00 to $34.00 and set an “underweight” rating for the company in a research report on Friday, February 7th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $37.00.

Werner Enterprises Stock Performance

Shares of NASDAQ:WERN opened at $32.20 on Friday. The firm has a market capitalization of $1.99 billion, a PE ratio of 58.55 and a beta of 0.85. Werner Enterprises has a 12 month low of $30.90 and a 12 month high of $42.48. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.52 and a quick ratio of 1.48. The business has a 50-day moving average of $35.02 and a two-hundred day moving average of $36.94.

Werner Enterprises (NASDAQ:WERN) last released its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.15). Werner Enterprises had a return on equity of 2.27% and a net margin of 1.13%. As a group, research analysts forecast that Werner Enterprises will post 1.27 earnings per share for the current year.

Werner Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Monday, April 14th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date is Monday, April 14th. Werner Enterprises’s dividend payout ratio is presently 101.82%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Headlands Technologies LLC bought a new stake in Werner Enterprises in the fourth quarter valued at $39,000. Blue Trust Inc. raised its holdings in Werner Enterprises by 64.7% during the fourth quarter. Blue Trust Inc. now owns 1,308 shares of the transportation company’s stock worth $50,000 after buying an additional 514 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Werner Enterprises by 2,390.3% in the third quarter. International Assets Investment Management LLC now owns 1,544 shares of the transportation company’s stock valued at $60,000 after buying an additional 1,482 shares in the last quarter. Sterling Capital Management LLC raised its holdings in shares of Werner Enterprises by 796.3% in the 4th quarter. Sterling Capital Management LLC now owns 1,703 shares of the transportation company’s stock worth $61,000 after acquiring an additional 1,513 shares during the last quarter. Finally, KBC Group NV boosted its stake in Werner Enterprises by 43.1% during the 3rd quarter. KBC Group NV now owns 2,071 shares of the transportation company’s stock valued at $80,000 after purchasing an additional 624 shares during the last quarter. 89.32% of the stock is owned by institutional investors and hedge funds.

Werner Enterprises Company 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.