Mutual of America Capital Management LLC boosted its position in Werner Enterprises, Inc. (NASDAQ:WERN) by 7.6% in the 4th quarter, Holdings Channel reports. The firm owned 37,450 shares of the transportation company’s stock after acquiring an additional 2,660 shares during the period. Mutual of America Capital Management LLC’s holdings in Werner Enterprises were worth $1,447,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the stock. Cigna Investments Inc. New acquired a new stake in Werner Enterprises during the fourth quarter worth approximately $1,315,000. SG Capital Management LLC acquired a new stake in Werner Enterprises during the fourth quarter worth approximately $8,304,000. SG Americas Securities LLC lifted its position in Werner Enterprises by 134.9% during the fourth quarter. SG Americas Securities LLC now owns 12,337 shares of the transportation company’s stock worth $477,000 after acquiring an additional 7,084 shares during the last quarter. First Quadrant L P CA acquired a new stake in Werner Enterprises during the fourth quarter worth approximately $1,262,000. Finally, Personal Capital Advisors Corp lifted its position in Werner Enterprises by 29.1% during the fourth quarter. Personal Capital Advisors Corp now owns 42,166 shares of the transportation company’s stock worth $1,630,000 after acquiring an additional 9,495 shares during the last quarter. Institutional investors and hedge funds own 65.55% of the company’s stock.

WERN has been the subject of several research reports. Zacks Investment Research downgraded shares of Werner Enterprises from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. Credit Suisse Group cut their price objective on shares of Werner Enterprises from $35.00 to $34.00 and set a “neutral” rating for the company in a research report on Friday, October 20th. Morgan Stanley raised their price objective on shares of Werner Enterprises from $32.00 to $35.00 and gave the stock an “overweight” rating in a research report on Friday, October 20th. UBS Group upgraded shares of Werner Enterprises from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $37.00 to $47.00 in a research report on Friday, January 5th. Finally, BidaskClub upgraded shares of Werner Enterprises from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 21st. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $39.13.

Werner Enterprises, Inc. (NASDAQ:WERN) opened at $38.55 on Thursday. Werner Enterprises, Inc. has a fifty-two week low of $24.20 and a fifty-two week high of $43.95. The company has a market cap of $2,790.00, a P/E ratio of 13.82, a PEG ratio of 1.27 and a beta of 0.93. The company has a current ratio of 1.72, a quick ratio of 1.67 and a debt-to-equity ratio of 0.06.

Werner Enterprises (NASDAQ:WERN) last announced its earnings results on Monday, January 29th. The transportation company reported $0.42 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.03. Werner Enterprises had a net margin of 9.59% and a return on equity of 8.64%. The company had revenue of $567.37 million for the quarter, compared to analysts’ expectations of $554.58 million. During the same period last year, the firm earned $0.30 earnings per share. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. research analysts predict that Werner Enterprises, Inc. will post 1.97 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “Werner Enterprises, Inc. (WERN) Position Raised by Mutual of America Capital Management LLC” was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this article on another site, it was illegally copied and republished in violation of US and international copyright and trademark law. The correct version of this article can be viewed at https://theolympiareport.com/2018/02/15/werner-enterprises-inc-wern-position-raised-by-mutual-of-america-capital-management-llc.html.

About Werner Enterprises

Werner Enterprises, Inc is a transportation and logistics company. The Company is engaged in transporting truckload shipments of general commodities in both interstate and intrastate commerce. It operates through two segments: Truckload and Werner Logistics. It provides logistics services through its Werner Logistics division.

Want to see what other hedge funds are holding WERN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Werner Enterprises, Inc. (NASDAQ:WERN).

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

Receive News & Ratings for Werner Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Werner Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.