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

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

Several other large investors have also modified their holdings of WERN. Blue Trust Inc. raised its stake in shares of Werner Enterprises by 64.7% during the 4th quarter. Blue Trust Inc. now owns 1,308 shares of the transportation company’s stock worth $50,000 after acquiring an additional 514 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of Werner Enterprises by 2,390.3% during the 3rd quarter. International Assets Investment Management LLC now owns 1,544 shares of the transportation company’s stock worth $60,000 after acquiring an additional 1,482 shares in the last quarter. KBC Group NV raised its stake in shares of Werner Enterprises by 43.1% during the 3rd quarter. KBC Group NV now owns 2,071 shares of the transportation company’s stock worth $80,000 after acquiring an additional 624 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Werner Enterprises during the 3rd quarter worth approximately $96,000. Finally, SG Americas Securities LLC bought a new position in shares of Werner Enterprises during the 3rd quarter worth approximately $102,000. Institutional investors own 89.32% of the company’s stock.

Wall Street Analyst Weigh In

WERN has been the subject of several recent analyst reports. Stifel Nicolaus boosted 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. Susquehanna upgraded shares of Werner Enterprises from a “negative” rating to a “neutral” rating and set a $38.00 price objective for the company in a research note on Friday, January 3rd. JPMorgan Chase & Co. reduced their price objective on shares of Werner Enterprises from $37.00 to $34.00 and set an “underweight” rating for the company in a research note on Wednesday, October 30th. Evercore ISI cut 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 research note on Wednesday, October 30th. Finally, Wells Fargo & Company cut their price target on shares of Werner Enterprises from $36.00 to $34.00 and set an “underweight” rating on the stock in a research note on Friday, February 7th. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $37.29.

Werner Enterprises Stock Down 1.1 %

WERN stock opened at $33.70 on Monday. The firm’s fifty day simple moving average is $35.91 and its 200-day simple moving average is $37.28. The company has a market capitalization of $2.08 billion, a P/E ratio of 61.27 and a beta of 0.84. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.52 and a quick ratio of 1.48. Werner Enterprises, Inc. has a 12 month low of $32.39 and a 12 month high of $42.48.

Werner Enterprises (NASDAQ:WERN) last released 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 net margin of 1.13% and a return on equity of 2.27%. As a group, equities research analysts forecast that Werner Enterprises, Inc. will post 1.27 earnings per share for the current year.

Werner Enterprises Dividend Announcement

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