Today, Mutual of America Capital Management LLC invests in Woodward Inc. (WWD) Shares

Today, Mutual of America Capital Management LLC invests in Woodward Inc. (WWD) Shares
Mutual of America Capital Management LLC increased its stake in Woodward Inc. (NASDAQ:WWD) by 0.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,671 shares of the company’s stock after buying an additional 345 shares during the period. Mutual of America Capital Management LLC owned 0.07% of Woodward worth $2,604,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in WWD. Cooke & Bieler LP increased its stake in shares of Woodward by 1.2% in the second quarter. Cooke & Bieler LP now owns 597,666 shares of the company’s stock valued at $34,449,000 after buying an additional 7,160 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Woodward by 2.9% in the first quarter. Geode Capital Management LLC now owns 394,102 shares of the company’s stock valued at $20,501,000 after buying an additional 11,282 shares in the last quarter. Geneva Advisors LLC increased its stake in shares of Woodward by 6.6% in the second quarter. Geneva Advisors LLC now owns 18,497 shares of the company’s stock valued at $1,066,000 after buying an additional 1,144 shares in the last quarter. Anchor Capital Advisors LLC increased its stake in shares of Woodward by 3,034.0% in the second quarter. Anchor Capital Advisors LLC now owns 464,401 shares of the company’s stock valued at $26,768,000 after buying an additional 449,583 shares in the last quarter. Finally, Quantitative Systematic Strategies LLC bought a new stake in shares of Woodward during the second quarter valued at $237,000. 74.03% of the stock is currently owned by institutional investors.

Woodward Inc. (NASDAQ:WWD) traded up 0.03% during midday trading on Friday, hitting $67.98. The stock had a trading volume of 191,581 shares. Woodward Inc. has a 12 month low of $41.24 and a 12 month high of $68.98. The stock has a market cap of $4.19 billion, a price-to-earnings ratio of 23.85 and a beta of 1.08. The stock has a 50 day moving average of $61.56 and a 200 day moving average of $59.66.

Woodward (NASDAQ:WWD) last issued its earnings results on Monday, November 14th. The company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.07. The firm earned $590.92 million during the quarter, compared to the consensus estimate of $571.55 million. Woodward had a net margin of 8.93% and a return on equity of 16.47%. The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.77 earnings per share. Analysts expect that Woodward Inc. will post $3.23 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, November 28th. Investors of record on Monday, November 14th will be given a $0.11 dividend. The ex-dividend date is Wednesday, November 9th. This represents a $0.44 dividend on an annualized basis and a yield of 0.65%. Woodward’s dividend payout ratio (DPR) is presently 15.44%.

WWD has been the topic of several analyst reports. Zacks Investment Research downgraded Woodward from a “buy” rating to a “hold” rating in a research report on Monday, September 26th. Barrington Research began coverage on Woodward in a research report on Friday, September 16th. They set a “market perform” rating on the stock. Finally, Jefferies Group restated a “hold” rating and set a $62.00 target price (up from $59.00) on shares of Woodward in a research report on Friday, November 18th.

In related news, insider Chad Robert Preiss sold 7,000 shares of the business’s stock in a transaction on Thursday, November 17th. The shares were sold at an average price of $67.44, for a total value of $472,080.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Larry E. Rittenberg sold 5,700 shares of the business’s stock in a transaction on Friday, November 18th. The shares were sold at an average price of $67.18, for a total transaction of $382,926.00. Following the completion of the sale, the director now directly owns 36,302 shares of the company’s stock, valued at $2,438,768.36. The disclosure for this sale can be found here. 6.18% of the stock is currently owned by corporate insiders.

About Woodward

Woodward, Inc is a designer, manufacturer, and service provider of energy controls and optimization solutions. The Company has production and assembly facilities in the United States, Europe and Asia, and promotes its products and services through its worldwide locations. The Company’s is engaged in providing energy control and optimization solutions for the aerospace and energy markets.

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