Jane Street Group LLC Purchases Shares of 3,687 Woodward, Inc.Common Stock (WWD)

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Jane Street Group LLC purchased a new stake in shares of Woodward, Inc.Common Stock (NASDAQ:WWD) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,687 shares of the technology company’s stock, valued at approximately $283,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of WWD. Principal Financial Group Inc. raised its stake in shares of Woodward, Inc.Common Stock by 2.4% during the 1st quarter. Principal Financial Group Inc. now owns 241,831 shares of the technology company’s stock valued at $17,329,000 after purchasing an additional 5,609 shares during the period. Voya Investment Management LLC raised its stake in shares of Woodward, Inc.Common Stock by 11.6% during the 2nd quarter. Voya Investment Management LLC now owns 918,121 shares of the technology company’s stock valued at $70,566,000 after purchasing an additional 95,756 shares during the period. BlackRock Inc. raised its stake in shares of Woodward, Inc.Common Stock by 4.1% during the 2nd quarter. BlackRock Inc. now owns 5,977,566 shares of the technology company’s stock valued at $459,435,000 after purchasing an additional 236,693 shares during the period. Adalta Capital Management LLC raised its stake in shares of Woodward, Inc.Common Stock by 2.1% during the 2nd quarter. Adalta Capital Management LLC now owns 77,425 shares of the technology company’s stock valued at $5,951,000 after purchasing an additional 1,600 shares during the period. Finally, Nuance Investments LLC raised its stake in shares of Woodward, Inc.Common Stock by 9.8% during the 2nd quarter. Nuance Investments LLC now owns 126,432 shares of the technology company’s stock valued at $9,718,000 after purchasing an additional 11,312 shares during the period. 73.65% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ WWD opened at $76.33 on Friday. The stock has a market capitalization of $4.78 billion, a price-to-earnings ratio of 24.16, a price-to-earnings-growth ratio of 1.38 and a beta of 1.25. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.01 and a current ratio of 2.11. Woodward, Inc.Common Stock has a twelve month low of $68.56 and a twelve month high of $89.30.

Woodward, Inc.Common Stock (NASDAQ:WWD) last announced its earnings results on Monday, July 30th. The technology company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.12. The business had revenue of $588.00 million for the quarter, compared to analyst estimates of $578.51 million. Woodward, Inc.Common Stock had a return on equity of 15.40% and a net margin of 7.59%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.85 EPS. Research analysts forecast that Woodward, Inc.Common Stock will post 3.79 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 27th. Shareholders of record on Tuesday, November 13th will be paid a $0.1425 dividend. This is a positive change from Woodward, Inc.Common Stock’s previous quarterly dividend of $0.14. This represents a $0.57 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Friday, November 9th. Woodward, Inc.Common Stock’s dividend payout ratio is currently 18.04%.

A number of analysts recently issued reports on WWD shares. ValuEngine upgraded Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating in a research note on Thursday, July 12th. Barrington Research reiterated a “hold” rating on shares of Woodward, Inc.Common Stock in a research note on Friday, July 13th. BidaskClub upgraded Woodward, Inc.Common Stock from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 21st. Zacks Investment Research upgraded Woodward, Inc.Common Stock from a “sell” rating to a “hold” rating and set a $91.00 price objective on the stock in a research note on Monday, July 23rd. Finally, Wood & Company reiterated a “hold” rating on shares of Woodward, Inc.Common Stock in a research note on Monday, July 30th. Nine equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $82.38.

In other news, Director James R. Rulseh sold 4,112 shares of the stock in a transaction dated Thursday, August 2nd. The stock was sold at an average price of $79.09, for a total transaction of $325,218.08. Following the transaction, the director now directly owns 10,000 shares in the company, valued at approximately $790,900. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Christopher Fawzy sold 6,000 shares of the stock in a transaction dated Thursday, August 30th. The shares were sold at an average price of $80.55, for a total value of $483,300.00. Following the transaction, the vice president now owns 9,506 shares in the company, valued at $765,708.30. The disclosure for this sale can be found here. Insiders sold a total of 38,724 shares of company stock worth $3,091,922 over the last 90 days. Corporate insiders own 6.17% of the company’s stock.

Woodward, Inc.Common Stock Company Profile

Woodward, Inc designs, manufactures, and services energy control and optimization solutions for the aerospace and industrial markets worldwide. Its Aerospace segment provides 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, servocontrols, motors, and sensors for aircraft that are used on commercial and private aircrafts and rotorcrafts, as well as in military fixed-wing aircrafts and rotorcrafts, weapons, and defense systems.

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

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