Dean Capital Management Has $1.22 Million Stock Holdings in Werner Enterprises, Inc. $WERN

Dean Capital Management decreased its stake in Werner Enterprises, Inc. (NASDAQ:WERN) by 23.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,333 shares of the transportation company’s stock after selling 12,962 shares during the period. Dean Capital Management owned 0.07% of Werner Enterprises worth $1,216,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. PNC Financial Services Group Inc. boosted its position in Werner Enterprises by 41.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,324 shares of the transportation company’s stock valued at $70,000 after purchasing an additional 679 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Werner Enterprises by 49.0% during the 4th quarter. GAMMA Investing LLC now owns 2,429 shares of the transportation company’s stock worth $73,000 after purchasing an additional 799 shares during the last quarter. Covestor Ltd increased its position in shares of Werner Enterprises by 28.3% during the 4th quarter. Covestor Ltd now owns 3,261 shares of the transportation company’s stock worth $98,000 after purchasing an additional 719 shares during the last quarter. KBC Group NV raised its stake in shares of Werner Enterprises by 86.9% during the 4th quarter. KBC Group NV now owns 3,614 shares of the transportation company’s stock worth $108,000 after purchasing an additional 1,680 shares in the last quarter. Finally, Pictet Asset Management Holding SA bought a new stake in shares of Werner Enterprises during the 4th quarter worth approximately $217,000. Institutional investors and hedge funds own 89.32% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on WERN shares. Robert W. Baird increased their price objective on Werner Enterprises from $39.00 to $43.00 and gave the company a “neutral” rating in a report on Wednesday, June 17th. UBS Group boosted their target price on shares of Werner Enterprises from $33.00 to $37.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Citigroup upped their price target on shares of Werner Enterprises from $37.00 to $47.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Evercore upgraded shares of Werner Enterprises from an “underperform” rating to an “in-line” rating in a research note on Wednesday, July 1st. Finally, Zacks Research raised shares of Werner Enterprises from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $41.62.

Werner Enterprises Stock Performance

WERN opened at $42.42 on Monday. Werner Enterprises, Inc. has a 12-month low of $23.06 and a 12-month high of $47.49. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of -282.80, a PEG ratio of 0.83 and a beta of 1.26. The business has a 50 day moving average of $42.67 and a 200-day moving average of $36.30. The company has a quick ratio of 1.43, a current ratio of 1.46 and a debt-to-equity ratio of 0.66.

Werner Enterprises (NASDAQ:WERN) last issued its earnings results on Tuesday, April 28th. The transportation company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.05. The company had revenue of $730.14 million during the quarter, compared to the consensus estimate of $812.50 million. Werner Enterprises had a positive return on equity of 0.66% and a negative net margin of 0.28%.The firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.12) EPS. On average, equities research analysts expect that Werner Enterprises, Inc. will post 1.02 earnings per share for the current year.

Werner Enterprises Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Monday, July 6th. Werner Enterprises’s payout ratio is -373.33%.

About Werner Enterprises

Werner Enterprises, Inc, founded in 1956 by Clarence L. “Chris” Werner, is a leading transportation and logistics provider based in Omaha, Nebraska. The company began as a one‐truck operation and has since grown into one of North America’s largest carriers, offering an array of services to support diverse supply chains.

Werner’s core business activities include full truckload dry van services, dedicated contract carriage, intermodal transport and brokerage solutions. The company also provides value-added services such as warehousing, freight management and fleet maintenance through its network of terminals and service centers.