Woodward, Inc.Common Stock (NASDAQ:WWD) Position Lifted by Advisor Group Inc.

Advisor Group Inc. grew its holdings in shares of Woodward, Inc.Common Stock (NASDAQ:WWD) by 24.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,453 shares of the technology company’s stock after buying an additional 668 shares during the period. Advisor Group Inc.’s holdings in Woodward, Inc.Common Stock were worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in WWD. BlackRock Inc. lifted its stake in Woodward, Inc.Common Stock by 1.7% in the 4th quarter. BlackRock Inc. now owns 6,212,185 shares of the technology company’s stock valued at $461,504,000 after buying an additional 104,798 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Woodward, Inc.Common Stock by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 4,965,656 shares of the technology company’s stock worth $401,523,000 after purchasing an additional 93,193 shares during the period. Vanguard Group Inc lifted its stake in shares of Woodward, Inc.Common Stock by 1.9% during the 3rd quarter. Vanguard Group Inc now owns 4,965,656 shares of the technology company’s stock worth $401,523,000 after purchasing an additional 93,193 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Woodward, Inc.Common Stock by 0.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 642,614 shares of the technology company’s stock worth $51,962,000 after purchasing an additional 2,120 shares during the period. Finally, Federated Investors Inc. PA lifted its stake in shares of Woodward, Inc.Common Stock by 2,450.2% during the 3rd quarter. Federated Investors Inc. PA now owns 535,676 shares of the technology company’s stock worth $43,315,000 after purchasing an additional 514,671 shares during the period. 75.08% of the stock is owned by institutional investors.

In related news, insider Chad Robert Preiss sold 14,000 shares of the firm’s stock in a transaction that occurred on Monday, February 4th. The shares were sold at an average price of $89.77, for a total transaction of $1,256,780.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Thomas A. Gendron sold 13,000 shares of Woodward, Inc.Common Stock stock in a transaction that occurred on Thursday, January 31st. The stock was sold at an average price of $87.60, for a total transaction of $1,138,800.00. Following the completion of the transaction, the insider now owns 227,390 shares in the company, valued at approximately $19,919,364. The disclosure for this sale can be found here. Insiders sold 278,310 shares of company stock worth $25,887,325 in the last 90 days. 4.61% of the stock is owned by company insiders.

Shares of NASDAQ WWD opened at $95.62 on Tuesday. The company has a current ratio of 1.96, a quick ratio of 1.05 and a debt-to-equity ratio of 0.63. Woodward, Inc.Common Stock has a 52-week low of $68.40 and a 52-week high of $97.65. The stock has a market capitalization of $6.01 billion, a price-to-earnings ratio of 24.84, a price-to-earnings-growth ratio of 1.60 and a beta of 1.46.

Woodward, Inc.Common Stock (NASDAQ:WWD) last announced its quarterly earnings results on Monday, January 28th. The technology company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.74 by $0.22. Woodward, Inc.Common Stock had a net margin of 8.42% and a return on equity of 18.03%. The company had revenue of $652.80 million for the quarter, compared to analyst estimates of $583.12 million. During the same quarter last year, the business earned $0.53 earnings per share. Woodward, Inc.Common Stock’s revenue was up 38.9% compared to the same quarter last year. As a group, analysts anticipate that Woodward, Inc.Common Stock will post 4.62 EPS for the current fiscal year.

WWD has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating and set a $108.00 price objective for the company in a report on Wednesday, March 20th. BidaskClub upgraded Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating in a report on Wednesday, February 27th. Barrington Research increased their price target on Woodward, Inc.Common Stock to $96.00 and gave the company an “outperform” rating in a report on Tuesday, January 29th. ValuEngine upgraded Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating in a research note on Wednesday, February 13th. Finally, Wood & Company restated a “sell” rating on shares of Woodward, Inc.Common Stock in a research note on Tuesday, February 5th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $99.40.

COPYRIGHT VIOLATION NOTICE: “Woodward, Inc.Common Stock (NASDAQ:WWD) Position Lifted by Advisor Group Inc.” was first posted by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this piece of content can be accessed at https://www.baseballdailydigest.com/news/2019/04/16/advisor-group-inc-has-256000-position-in-woodward-inc-common-stock-wwd.html.

Woodward, Inc.Common Stock Company Profile

Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company's Aerospace segment offers fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles; and flight deck controls, actuators, servo controls, motors, and sensors for aircraft that are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems.

See Also: Net Margin – Understanding the Different Kinds of Profit

Institutional Ownership by Quarter for Woodward, Inc.Common Stock (NASDAQ:WWD)

Receive News & Ratings for Woodward Inc.Common Stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Woodward Inc.Common Stock and related companies with MarketBeat.com's FREE daily email newsletter.