Advisors Preferred LLC Has $309,000 Holdings in Woodward, Inc. (WWD)

Advisors Preferred LLC raised its position in shares of Woodward, Inc. (NASDAQ:WWD) by 479.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,983 shares of the technology company’s stock after purchasing an additional 3,296 shares during the period. Advisors Preferred LLC’s holdings in Woodward were worth $309,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of WWD. Alps Advisors Inc. lifted its stake in shares of Woodward by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 7,046 shares of the technology company’s stock worth $476,000 after acquiring an additional 18 shares during the period. Jennison Associates LLC lifted its stake in shares of Woodward by 0.4% in the 2nd quarter. Jennison Associates LLC now owns 9,009 shares of the technology company’s stock worth $609,000 after acquiring an additional 34 shares during the period. World Asset Management Inc lifted its stake in shares of Woodward by 2.7% in the 2nd quarter. World Asset Management Inc now owns 3,462 shares of the technology company’s stock worth $234,000 after acquiring an additional 91 shares during the period. Advisor Group Inc. lifted its stake in shares of Woodward by 9.8% in the 2nd quarter. Advisor Group Inc. now owns 1,654 shares of the technology company’s stock worth $112,000 after acquiring an additional 147 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its stake in shares of Woodward by 5.8% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 3,115 shares of the technology company’s stock worth $211,000 after acquiring an additional 171 shares during the period. 71.29% of the stock is owned by hedge funds and other institutional investors.

WWD has been the subject of a number of research analyst reports. Wood & Company reaffirmed a “buy” rating and issued a $80.00 price target on shares of Woodward in a research note on Tuesday, July 25th. BidaskClub raised shares of Woodward from a “hold” rating to a “buy” rating in a research note on Saturday, September 23rd. Zacks Investment Research raised shares of Woodward from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Oppenheimer Holdings, Inc. reaffirmed a “market perform” rating and issued a $82.00 price target on shares of Woodward in a research note on Thursday, October 26th. Finally, CIBC initiated coverage on shares of Woodward in a research note on Friday, July 14th. They issued an “outperform” rating and a $82.00 price target for the company. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. Woodward presently has an average rating of “Hold” and an average target price of $74.75.

Woodward, Inc. (WWD) traded down $0.34 during midday trading on Friday, hitting $77.99. 233,586 shares of the company were exchanged, compared to its average volume of 213,968. The company has a current ratio of 2.21, a quick ratio of 1.05 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $4,782.11, a P/E ratio of 24.60, a P/E/G ratio of 1.86 and a beta of 1.24.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 27th. Stockholders of record on Monday, November 13th will be paid a dividend of $0.125 per share. The ex-dividend date is Friday, November 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.64%. Woodward’s dividend payout ratio (DPR) is 15.77%.

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In other news, Director John A. Halbrook sold 8,700 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $70.02, for a total transaction of $609,174.00. Following the completion of the transaction, the director now directly owns 350,521 shares of the company’s stock, valued at approximately $24,543,480.42. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Paul Donovan sold 5,700 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $70.55, for a total transaction of $402,135.00. Following the transaction, the director now directly owns 39,052 shares of the company’s stock, valued at $2,755,118.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 16,200 shares of company stock valued at $1,138,389. Corporate insiders own 5.93% of the company’s stock.

Woodward Company Profile

Woodward, Inc is an independent designer, manufacturer and service provider of energy control and optimization solutions. The Company designs, produces and services energy control products for various applications. The Company’s segments include Aerospace and Industrial. The Company’s Aerospace segment designs, manufactures and services systems and products for the management of fuel, air, combustion and motion control.

Institutional Ownership by Quarter for Woodward (NASDAQ:WWD)

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