Southernsun Asset Management Has Boosted Its Newfield Exploration Co. (NFX) Holding; 4 Analysts Are Bullish Wolverine World Wide, Inc. (WWW) Last Week

December 7, 2017 - By Louis Casey

Southernsun Asset Management Llc increased Newfield Exploration Co. (NFX) stake by 26.8% reported in 2017Q2 SEC filing. Southernsun Asset Management Llc acquired 1.15 million shares as Newfield Exploration Co. (NFX)’s stock declined 17.43%. The Southernsun Asset Management Llc holds 5.43 million shares with $154.44 million value, up from 4.28M last quarter. Newfield Exploration Co. now has $5.62 billion valuation. The stock decreased 6.94% or $2.12 during the last trading session, reaching $28.44. About 2.82M shares traded or 4.78% up from the average. Newfield Exploration Company (NYSE:NFX) has declined 13.04% since December 7, 2016 and is downtrending. It has underperformed by 29.74% the S&P500.

Among 16 analysts covering Wolverine (NYSE:WWW), 4 have Buy rating, 3 Sell and 9 Hold. Therefore 25% are positive. Wolverine had 46 analyst reports since August 10, 2015 according to SRatingsIntel. As per Friday, February 3, the company rating was downgraded by KeyBanc Capital Markets. The stock of Wolverine World Wide, Inc. (NYSE:WWW) has “Negative” rating given on Friday, August 12 by Susquehanna. Piper Jaffray maintained the shares of WWW in report on Wednesday, August 12 with “Hold” rating. Telsey Advisory Group maintained the stock with “Market Perform” rating in Thursday, September 17 report. The stock of Wolverine World Wide, Inc. (NYSE:WWW) has “Neutral” rating given on Wednesday, October 21 by B. Riley & Co. The company was initiated on Wednesday, November 2 by Wedbush. The stock of Wolverine World Wide, Inc. (NYSE:WWW) earned “Neutral” rating by DA Davidson on Thursday, September 17. The stock has “Buy” rating by Robert W. Baird on Thursday, September 14. The stock has “Underperform” rating by Sterne Agee CRT on Wednesday, October 21. The stock of Wolverine World Wide, Inc. (NYSE:WWW) has “Sell” rating given on Wednesday, August 2 by Susquehanna. See Wolverine World Wide, Inc. (NYSE:WWW) latest ratings:




08/11/2017 Broker: Pivotal Research Rating: Buy New Target: $33.0
09/11/2017 Broker: Buckingham Research Rating: Neutral Old Target: $24 New Target: $28 Maintain
02/11/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $31.0 Maintain
20/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $32.0 Maintain
11/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
05/10/2017 Broker: Pivotal Research Rating: Hold New Target: $32 Initiates Coverage On
25/09/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $22.5 New Target: $24.5 Maintain
14/09/2017 Broker: Robert W. Baird Rating: Buy New Target: $32.0 Maintain
14/09/2017 Broker: Piper Jaffray Rating: Hold New Target: $25.0 Maintain
05/09/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $31.0 Maintain

Investors sentiment increased to 1.51 in Q2 2017. Its up 0.48, from 1.03 in 2017Q1. It increased, as 24 investors sold Wolverine World Wide, Inc. shares while 60 reduced holdings. 47 funds opened positions while 80 raised stakes. 85.38 million shares or 3.03% less from 88.06 million shares in 2017Q1 were reported. Hussman Strategic Advsrs Inc invested 0.03% of its portfolio in Wolverine World Wide, Inc. (NYSE:WWW). American Century Companies owns 309,290 shares. Victory Cap has 2.38M shares. Moreover, Aviance Cap Ptnrs Ltd Company has 0.15% invested in Wolverine World Wide, Inc. (NYSE:WWW). Envestnet Asset Management holds 0% or 8,417 shares in its portfolio. Schwab Charles Inv Mgmt owns 605,766 shares. Eulav Asset has invested 0.16% in Wolverine World Wide, Inc. (NYSE:WWW). Wealthtrust Fairport Ltd Liability Corp stated it has 0.1% of its portfolio in Wolverine World Wide, Inc. (NYSE:WWW). Cap One National Association owns 23,043 shares. 750 were reported by Evercore Wealth Management Limited Liability Co. Convergence Investment Limited Liability has invested 0.07% in Wolverine World Wide, Inc. (NYSE:WWW). Comerica Fincl Bank holds 0.02% of its portfolio in Wolverine World Wide, Inc. (NYSE:WWW) for 121,177 shares. Strs Ohio holds 199,300 shares or 0.02% of its portfolio. Brant Point Inv Mngmt Lc invested in 0.17% or 50,700 shares. Qs Ltd Co invested in 0.04% or 156,089 shares.

Wolverine World Wide, Inc. designs, makes, sources, markets, licenses, and distributes footwear, apparel, and accessories. The company has market cap of $2.81 billion. The firm operates through four divisions: Wolverine Outdoor & Lifestyle Group, Wolverine Boston Group, Wolverine Heritage Group, and Wolverine Multi-Brand Group. It has a 34.49 P/E ratio. It offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; childrenÂ’s footwear; industrial work boots and apparel; and uniform shoes and boots.

The stock increased 2.73% or $0.78 during the last trading session, reaching $29.35. About 775,353 shares traded or 7.63% up from the average. Wolverine World Wide, Inc. (NYSE:WWW) has risen 48.14% since December 7, 2016 and is uptrending. It has outperformed by 31.44% the S&P500.

Southernsun Asset Management Llc decreased Murphy Usa Inc. (NYSE:MUSA) stake by 57,629 shares to 2.88M valued at $213.35 million in 2017Q2. It also reduced Sanderson Farms Inc. (NASDAQ:SAFM) stake by 93,800 shares and now owns 529,651 shares. Nordson Corp. (NASDAQ:NDSN) was reduced too.

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