Aperio Group LLC boosted its position in shares of Wolverine World Wide, Inc. (NYSE:WWW) by 71.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,199 shares of the textile maker’s stock after buying an additional 20,842 shares during the period. Aperio Group LLC’s holdings in Wolverine World Wide were worth $1,406,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Glen Harbor Capital Management LLC boosted its position in shares of Wolverine World Wide by 16.7% in the first quarter. Glen Harbor Capital Management LLC now owns 4,158 shares of the textile maker’s stock worth $104,000 after buying an additional 594 shares in the last quarter. Bank of Montreal Can boosted its position in shares of Wolverine World Wide by 15.1% in the first quarter. Bank of Montreal Can now owns 4,840 shares of the textile maker’s stock worth $121,000 after buying an additional 635 shares in the last quarter. Elkfork Partners LLC boosted its position in shares of Wolverine World Wide by 16.7% in the first quarter. Elkfork Partners LLC now owns 5,292 shares of the textile maker’s stock worth $132,000 after buying an additional 756 shares in the last quarter. Meadow Creek Investment Management LLC boosted its position in shares of Wolverine World Wide by 16.7% in the first quarter. Meadow Creek Investment Management LLC now owns 6,426 shares of the textile maker’s stock worth $160,000 after buying an additional 918 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new position in shares of Wolverine World Wide during the first quarter worth $198,000. Institutional investors and hedge funds own 91.72% of the company’s stock.

Wolverine World Wide, Inc. (NYSE WWW) traded up 2.70% during mid-day trading on Friday, hitting $26.64. The company had a trading volume of 1,418,514 shares. Wolverine World Wide, Inc. has a one year low of $20.58 and a one year high of $28.64. The company has a market cap of $2.57 billion, a PE ratio of 31.30 and a beta of 0.94. The company’s 50 day moving average price is $27.41 and its 200-day moving average price is $25.43.

Wolverine World Wide (NYSE:WWW) last posted its quarterly earnings results on Wednesday, August 9th. The textile maker reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.14. The firm had revenue of $598.80 million for the quarter, compared to analyst estimates of $573.78 million. Wolverine World Wide had a return on equity of 15.81% and a net margin of 3.32%. Wolverine World Wide’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.26 earnings per share. Equities research analysts anticipate that Wolverine World Wide, Inc. will post $1.60 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 1st. Investors of record on Monday, October 2nd will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Friday, September 29th. Wolverine World Wide’s payout ratio is 28.24%.

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A number of research analysts have recently weighed in on WWW shares. TheStreet upgraded Wolverine World Wide from a “c+” rating to a “b” rating in a research report on Wednesday, May 10th. Zacks Investment Research upgraded Wolverine World Wide from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research report on Saturday, May 13th. BidaskClub upgraded Wolverine World Wide from a “hold” rating to a “buy” rating in a research report on Tuesday, June 13th. ValuEngine upgraded Wolverine World Wide from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $24.00 price target on shares of Wolverine World Wide in a research report on Friday, June 9th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. Wolverine World Wide currently has a consensus rating of “Hold” and a consensus target price of $23.86.

Wolverine World Wide Company Profile

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. It operates in four segments: Wolverine Outdoor & Lifestyle Group, which offers Merrell footwear and apparel, Cat footwear, Hush Puppies footwear and apparel, Chaco footwear, and Sebago footwear and apparel; Wolverine Boston Group, which offers Sperry footwear and apparel, Saucony footwear and apparel, and Keds footwear and apparel; Wolverine Heritage Group, which offers Wolverine footwear and apparel, Bates uniform footwear, Harley-Davidson footwear and HyTest safety footwear, and Wolverine Multi-Brand Group, which offers Stride Rite footwear and apparel, and its multi-brand consumer-direct businesses.

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Institutional Ownership by Quarter for Wolverine World Wide (NYSE:WWW)

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