Woodward Inc (WWD) : Lombardia Capital Partners reduced its stake in Woodward Inc by 3.61% during the most recent quarter end. The investment management company now holds a total of 898,618 shares of Woodward Inc which is valued at $48.9 Million after selling 33,680 shares in Woodward Inc , the firm said in a disclosure report filed with the SEC on May 13, 2016.Woodward Inc makes up approximately 2.95% of Lombardia Capital Partners’s portfolio.
Other Hedge Funds, Including , Alliancebernstein reduced its stake in WWD by selling 8,420 shares or 7.33% in the most recent quarter. The Hedge Fund company now holds 106,451 shares of WWD which is valued at $5.8 Million. Woodward Inc makes up approx 0.01% of Alliancebernstein’s portfolio.Thrivent Financial For Lutherans reduced its stake in WWD by selling 11,472 shares or 61.64% in the most recent quarter. The Hedge Fund company now holds 7,140 shares of WWD which is valued at $388,916.Mutual Of America Capital Management boosted its stake in WWD in the latest quarter, The investment management firm added 557 additional shares and now holds a total of 38,366 shares of Woodward Inc which is valued at $2.1 Million. Woodward Inc makes up approx 0.05% of Mutual Of America Capital Management’s portfolio. Bank Of The West added WWD to its portfolio by purchasing 5,254 company shares during the most recent quarter which is valued at $285,502. Woodward Inc makes up approx 0.04% of Bank Of The West’s portfolio.
Woodward Inc opened for trading at $56.99 and hit $57.33 on the upside on Wednesday, eventually ending the session at $57.21, with a gain of 0.88% or 0.5 points. The heightened volatility saw the trading volume jump to 3,41,131 shares. Company has a market cap of $3,496 M.
On the company’s financial health, Woodward Inc reported $0.65 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Apr 19, 2016. Analyst had a consensus of $0.67. The company had revenue of $479.00 million for the quarter, compared to analysts expectations of $495.62 million. The company’s revenue was down -2.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.66 EPS.
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. The Company focuses primarily on original equipment manufacturers (OEMs) and equipment packagers partnering with them to bring component and system solutions to their demanding applications. The Company operates in two segments: Aerospace and Energy. The Company also provides aftermarket repair replacement and other service support for its installed products.