Wolverine World Broad, Inc. (NYSE:WWW) VP Amy M. Klimek bought 6,000 shares of Wolverine World Broad inventory in a transaction on Monday, April fifth. The inventory was bought at a median worth of $37.82, for a complete transaction of $226,920.00. Following the sale, the vp now instantly owns 32,589 shares of the corporate’s inventory, valued at roughly $1,232,515.98. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by way of the SEC website.
Shares of Wolverine World Wide stock traded up $0.32 throughout buying and selling on Tuesday, hitting $38.60. 19,961 shares of the inventory have been exchanged, in comparison with its common quantity of 462,302. The inventory has a market capitalization of $3.19 billion, a price-to-earnings ratio of 54.69, a price-to-earnings-growth ratio of two.50 and a beta of 1.59. The corporate has a fifty day shifting common worth of $37.14 and a 200-day shifting common worth of $31.39. Wolverine World Broad, Inc. has a 1-year low of $13.09 and a 1-year excessive of $41.80. The corporate has a present ratio of 1.65, a fast ratio of 1.08 and a debt-to-equity ratio of 0.97.
Wolverine World Broad (NYSE:WWW) final launched its quarterly earnings knowledge on Thursday, February twenty fifth. The textile maker reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.04. The corporate had income of $509.60 million for the quarter, in comparison with analyst estimates of $478.97 million. Wolverine World Broad had a web margin of three.00% and a return on fairness of 17.74%. Equities analysis analysts forecast that Wolverine World Broad, Inc. will publish 1.12 EPS for the present fiscal 12 months.
The agency additionally lately disclosed a quarterly dividend, which will probably be paid on Monday, Could third. Shareholders of report on Thursday, April 1st will probably be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized foundation and a yield of 1.04%. The ex-dividend date of this dividend is Wednesday, March thirty first. Wolverine World Broad’s dividend payout ratio is presently 17.78%.
Various hedge funds and different institutional buyers have lately purchased and bought shares of the enterprise. BlackRock Inc. boosted its holdings in Wolverine World Broad by 2.4% within the 4th quarter. BlackRock Inc. now owns 12,679,744 shares of the textile maker’s inventory valued at $396,242,000 after buying an extra 297,172 shares throughout the interval. Earnest Companions LLC lifted its holdings in shares of Wolverine World Broad by 20.4% throughout the third quarter. Earnest Companions LLC now owns 4,319,029 shares of the textile maker’s inventory value $111,604,000 after buying an extra 733,154 shares throughout the interval. Financial institution of New York Mellon Corp lifted its holdings in shares of Wolverine World Broad by 8.7% throughout the 4th quarter. Financial institution of New York Mellon Corp now owns 1,151,135 shares of the textile maker’s inventory value $35,973,000 after buying an extra 92,352 shares throughout the interval. Victory Capital Administration Inc. lifted its holdings in shares of Wolverine World Broad by 6.9% throughout the 4th quarter. Victory Capital Administration Inc. now owns 1,129,277 shares of the textile maker’s inventory value $35,290,000 after buying an extra 73,234 shares throughout the interval. Lastly, Norges Financial institution purchased a brand new stake in shares of Wolverine World Broad throughout the 4th quarter value roughly $32,201,000. 91.49% of the inventory is owned by hedge funds and different institutional buyers.
Various equities analysts have lately weighed in on WWW shares. Pivotal Analysis lifted their worth goal on shares of Wolverine World Broad from $33.00 to $40.00 and gave the inventory a “purchase” ranking in a analysis report on Monday, February twenty second. KeyCorp lifted their worth goal on shares of Wolverine World Broad from $34.00 to $37.00 and gave the inventory an “obese” ranking in a analysis report on Monday, December seventh. Telsey Advisory Group lifted their worth goal on shares of Wolverine World Broad from $29.00 to $35.00 and gave the inventory a “market carry out” ranking in a analysis report on Friday, February twenty sixth. B. Riley lifted their worth goal on shares of Wolverine World Broad from $39.00 to $45.00 and gave the inventory a “purchase” ranking in a analysis report on Wednesday, March twenty fourth. Lastly, Robert W. Baird boosted their worth goal on shares of Wolverine World Broad from $42.00 to $44.00 and gave the corporate an “outperform” ranking in a analysis report on Monday, March twenty ninth. They famous that the transfer was a valuation name. 4 analysts have rated the inventory with a maintain ranking and 7 have assigned a purchase ranking to the corporate. Wolverine World Broad presently has a consensus ranking of “Purchase” and a median worth goal of $32.45.
About Wolverine World Broad
Wolverine World Broad, Inc designs, manufactures, sources, markets, licenses, and distributes footwear, attire, and equipment in the USA, Europe, the Center East, Africa, the Asia Pacific, Canada and Latin America. The corporate operates by way of two segments, Wolverine Michigan Group and Wolverine Boston Group.
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