4 hours Ago By ABMN Staff
Victory Capital Management Inc. grew its stake in shares of Wolverine World Wide, Inc. ( NYSE:WWW – Free Report ) by 240.
0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 257,734 shares of the textile maker’s stock after purchasing an additional 181,935 shares during the period. Victory Capital Management Inc.
’s holdings in Wolverine World Wide were worth $5,722,000 at the end of the most recent reporting period. Other institutional investors also recently made changes to their positions in the company. SBI Securities Co.
Ltd. acquired a new position in shares of Wolverine World Wide during the 4th quarter worth $25,000. KBC Group NV raised its stake in shares of Wolverine World Wide by 43.
8% during the 4th quarter. KBC Group NV now owns 4,303 shares of the textile maker’s stock worth $96,000 after buying an additional 1,311 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Wolverine World Wide by 12.
5% during the 4th quarter. GAMMA Investing LLC now owns 5,057 shares of the textile maker’s stock worth $112,000 after buying an additional 563 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Wolverine World Wide during the 3rd quarter worth $113,000.
Finally, Smartleaf Asset Management LLC raised its stake in shares of Wolverine World Wide by 375.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 5,552 shares of the textile maker’s stock worth $122,000 after buying an additional 4,384 shares during the last quarter.
90.25% of the stock is currently owned by hedge funds and other institutional investors. Wolverine World Wide Stock Up 0.
3 % Shares of Wolverine World Wide stock opened at $13.33 on Friday. The stock has a 50-day moving average price of $19.
20 and a 200 day moving average price of $18.93. The company has a market cap of $1.
07 billion, a P/E ratio of 24.23 and a beta of 1.93.
The company has a current ratio of 1.29, a quick ratio of 0.77 and a debt-to-equity ratio of 1.
79. Wolverine World Wide, Inc. has a 1 year low of $9.
07 and a 1 year high of $24.64. Wolverine World Wide Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st.
Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.10 per share. This represents a $0.
40 annualized dividend and a dividend yield of 3.00%. The ex-dividend date is Tuesday, April 1st.
Wolverine World Wide’s payout ratio is presently 72.73%. Wall Street Analysts Forecast Growth Several research analysts recently weighed in on the stock.
Telsey Advisory Group reissued a “market perform” rating and issued a $23.00 target price on shares of Wolverine World Wide in a research note on Wednesday, February 19th. Stifel Nicolaus raised shares of Wolverine World Wide from a “hold” rating to a “buy” rating and boosted their target price for the company from $21.
00 to $29.00 in a research note on Wednesday, December 11th. Robert W.
Baird cut their target price on shares of Wolverine World Wide from $21.00 to $18.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th.
StockNews.com downgraded shares of Wolverine World Wide from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Finally, UBS Group cut their target price on shares of Wolverine World Wide from $29.
00 to $26.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company.
According to data from MarketBeat, Wolverine World Wide currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.50. View Our Latest Stock Analysis on Wolverine World Wide About Wolverine World Wide ( Free Report ) Wolverine World Wide, Inc designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America.
It operates through Active Group and Work Group segments. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots. Featured Articles Want to see what other hedge funds are holding WWW? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Wolverine World Wide, Inc. ( NYSE:WWW – Free Report ). Receive News & Ratings for Wolverine World Wide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wolverine World Wide and related companies with MarketBeat.
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