Rowlandmiller & PARTNERS.ADV Sells 528 Shares of Werner Enterprises, Inc. (NASDAQ:WERN)

Rowlandmiller & PARTNERS.ADV trimmed its position in shares of Werner Enterprises, Inc. (NASDAQ:WERN) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,747 shares of the transportation company’s stock after selling 528 shares during the period. Rowlandmiller & PARTNERS.ADV owned 0.18% of Werner Enterprises worth $3,906,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of WERN. SG Americas Securities LLC bought a new stake in Werner Enterprises in the 3rd quarter valued at $102,000. International Assets Investment Management LLC increased its holdings in Werner Enterprises by 2,390.3% in the 3rd quarter. International Assets Investment Management LLC now owns 1,544 shares of the transportation company’s stock valued at $60,000 after acquiring an additional 1,482 shares during the last quarter. DekaBank Deutsche Girozentrale bought a new stake in Werner Enterprises in the 3rd quarter valued at $530,000. abrdn plc increased its holdings in Werner Enterprises by 26.9% in the 3rd quarter. abrdn plc now owns 497,430 shares of the transportation company’s stock valued at $19,196,000 after acquiring an additional 105,488 shares during the last quarter. Finally, Pinnacle Associates Ltd. increased its holdings in Werner Enterprises by 2.0% in the 3rd quarter. Pinnacle Associates Ltd. now owns 460,453 shares of the transportation company’s stock valued at $19,509,000 after acquiring an additional 9,143 shares during the last quarter. 89.32% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Evercore ISI reduced their price target on shares of Werner Enterprises from $35.00 to $32.00 and set an “in-line” rating on the stock in a report on Wednesday, October 30th. StockNews.com upgraded shares of Werner Enterprises from a “sell” rating to a “hold” rating in a report on Thursday. Morgan Stanley dropped their price objective on shares of Werner Enterprises from $55.00 to $52.00 and set an “overweight” rating for the company in a research note on Wednesday, October 30th. Stifel Nicolaus lifted their price objective on shares of Werner Enterprises from $30.00 to $35.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Finally, Barclays dropped their price objective on shares of Werner Enterprises from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Friday, February 7th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $37.29.

Werner Enterprises Price Performance

WERN stock opened at $33.70 on Monday. Werner Enterprises, Inc. has a 12 month low of $32.39 and a 12 month high of $42.48. The company has a current ratio of 1.52, a quick ratio of 1.48 and a debt-to-equity ratio of 0.43. The company has a 50-day moving average price of $35.91 and a 200 day moving average price of $37.28. The stock has a market cap of $2.08 billion, a PE ratio of 61.27 and a beta of 0.84.

Werner Enterprises (NASDAQ:WERN) last released its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.08 EPS 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%. Equities research analysts anticipate that Werner Enterprises, Inc. will post 1.27 earnings per share for the current year.

Werner Enterprises Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Monday, April 14th will be given a $0.14 dividend. The ex-dividend date of this dividend is Monday, April 14th. This represents a $0.56 annualized dividend and a yield of 1.66%. Werner Enterprises’s dividend payout ratio (DPR) is 101.82%.

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.