Integrated Investment Consultants LLC Has $255,000 Stock Holdings in Wolverine World Wide, Inc. (NYSE:WWW)

Integrated Investment Consultants LLC lowered its holdings in shares of Wolverine World Wide, Inc. (NYSE:WWW) by 23.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,472 shares of the textile maker’s stock after selling 3,462 shares during the period. Integrated Investment Consultants LLC’s holdings in Wolverine World Wide were worth $255,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. US Bancorp DE grew its position in shares of Wolverine World Wide by 487.8% during the 3rd quarter. US Bancorp DE now owns 36,776 shares of the textile maker’s stock worth $641,000 after buying an additional 30,519 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in Wolverine World Wide in the third quarter worth $3,034,000. XTX Topco Ltd increased its stake in Wolverine World Wide by 338.6% in the third quarter. XTX Topco Ltd now owns 47,346 shares of the textile maker’s stock valued at $825,000 after purchasing an additional 36,551 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Wolverine World Wide by 1,263.0% during the third quarter. JPMorgan Chase & Co. now owns 1,426,942 shares of the textile maker’s stock valued at $24,857,000 after purchasing an additional 1,322,254 shares during the period. Finally, Intech Investment Management LLC bought a new position in shares of Wolverine World Wide during the 2nd quarter worth about $508,000. 90.25% of the stock is currently owned by institutional investors.

Wolverine World Wide Price Performance

WWW opened at $22.83 on Friday. Wolverine World Wide, Inc. has a 1 year low of $7.88 and a 1 year high of $24.64. The company has a quick ratio of 0.77, a current ratio of 1.23 and a debt-to-equity ratio of 1.91. The firm’s fifty day moving average price is $22.80 and its two-hundred day moving average price is $17.56.

Wolverine World Wide Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 2nd will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is Thursday, January 2nd. Wolverine World Wide’s payout ratio is -44.94%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. BNP Paribas raised Wolverine World Wide from a “neutral” rating to an “outperform” rating and set a $22.00 target price for the company in a research report on Thursday, October 3rd. StockNews.com downgraded Wolverine World Wide from a “buy” rating to a “hold” rating in a report on Tuesday, January 14th. Stifel Nicolaus upgraded Wolverine World Wide from a “hold” rating to a “buy” rating and increased their target price for the stock from $21.00 to $29.00 in a report on Wednesday, December 11th. Finally, Telsey Advisory Group restated a “market perform” rating and set a $15.00 price target on shares of Wolverine World Wide in a research note on Thursday, November 7th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $19.38.

Insider Buying and Selling at Wolverine World Wide

In other news, insider Amy M. Klimek sold 24,000 shares of Wolverine World Wide stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $22.07, for a total transaction of $529,680.00. Following the sale, the insider now directly owns 20,238 shares in the company, valued at $446,652.66. The trade was a 54.25 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Isabel Soriano sold 7,687 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $23.57, for a total transaction of $181,182.59. Following the completion of the transaction, the insider now directly owns 34,206 shares in the company, valued at $806,235.42. This trade represents a 18.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 41,901 shares of company stock worth $916,266. Insiders own 2.28% of the company’s stock.

About Wolverine World Wide

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.