Wolverine World Wide Inc. (NYSE:WWW)’s share price traded up 5.8% during trading on Thursday . The company traded as high as $21.45 and last traded at $21.42, with a volume of 1,012,852 shares. The stock had previously closed at $20.24.

A number of equities analysts recently commented on the stock. Susquehanna raised shares of Wolverine World Wide from a “neutral” rating to a “positive” rating and boosted their price objective for the stock from $18.00 to $25.00 in a research note on Thursday. TheStreet raised shares of Wolverine World Wide from a “hold” rating to a “buy” rating in a report on Tuesday, June 21st. Zacks Investment Research lowered shares of Wolverine World Wide from a “buy” rating to a “hold” rating in a report on Thursday, May 19th. Robert W. Baird reaffirmed a “hold” rating on shares of Wolverine World Wide in a report on Monday, May 16th. Finally, B. Riley reaffirmed a “neutral” rating and issued a $19.00 price target on shares of Wolverine World Wide in a report on Monday, May 9th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $21.46.

The company’s 50 day moving average is $19.11 and its 200-day moving average is $18.05. The firm has a market cap of $2.13 billion and a P/E ratio of 21.68.

Wolverine World Wide (NYSE:WWW) last issued its quarterly earnings results on Tuesday, May 3rd. The company reported $0.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.07. The business earned $577.60 million during the quarter, compared to analysts’ expectations of $567.47 million. The business’s quarterly revenue was down 8.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.37 EPS. On average, equities research analysts anticipate that Wolverine World Wide Inc. will post $1.37 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 1st. Stockholders of record on Friday, July 1st will be issued a $0.06 dividend. The ex-dividend date of this dividend is Wednesday, June 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.19%.

Several large investors have recently made changes to their positions in WWW. Gamco Investors INC. ET AL raised its stake in shares of Wolverine World Wide by 0.6% in the fourth quarter. Gamco Investors INC. ET AL now owns 182,038 shares of the company’s stock worth $3,042,000 after buying an additional 1,100 shares during the last quarter. Nationwide Fund Advisors raised its stake in shares of Wolverine World Wide by 2.1% in the fourth quarter. Nationwide Fund Advisors now owns 76,437 shares of the company’s stock worth $1,277,000 after buying an additional 1,591 shares during the last quarter. California State Teachers Retirement System raised its stake in shares of Wolverine World Wide by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 191,292 shares of the company’s stock worth $3,196,000 after buying an additional 3,078 shares during the last quarter. State of Wisconsin Investment Board raised its stake in shares of Wolverine World Wide by 1.0% in the fourth quarter. State of Wisconsin Investment Board now owns 437,029 shares of the company’s stock worth $7,303,000 after buying an additional 4,516 shares during the last quarter. Finally, Systematic Financial Management LP raised its stake in shares of Wolverine World Wide by 7.2% in the fourth quarter. Systematic Financial Management LP now owns 91,556 shares of the company’s stock worth $1,529,000 after buying an additional 6,170 shares during the last quarter.

Wolverine World Wide, Inc is a designer, manufacturer and marketer of a range of casual footwear and apparel, outdoor and athletic footwear and apparel, children’s footwear, industrial work boots and apparel, and uniform shoes and boots. The Company’s products are marketed around the world in approximately 200 countries and territories through Company-owned wholesale and consumer-direct operations, and third-party licensees and distributors.

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