Will Wolverine World Wide’s Disappointing Market Expectations Cause These Top Institutional Shareholders To Lose Faith?

Wolverine World Wide Inc. (NYSE:WWW) reported misses on both earnings per share and revenues during their third quarter. Their EPS of $0.72 is off of their forecasts by $0.01, while revenues of $353.1 million have missed by $9 million. Quarterly gross margins have slipped by 140 bps to 39.2%. The company forecasts EPS in the range $ 2.26-$ 2.31 for 2012, which disappoints market expectations of $ 2.36.

Will Wolverine’s shareholders decrease their holdings? They reported owning a total of 269,660 shares on 09/30/2012. The shares closed at $44.37 on 09/30/2012.

Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.

Here are the ten largest positions in Wolverine World Wide Inc. at the end of September 30th, 2012.

Schwab Charles Investment Management Inc held 121,606 shares on 09/30/2012 worth $5,395,658. This brought the portfolio total to 0.02%.

Icon Advisers Inc/Co held 57,933 shares on 09/30/2012 worth $2,570,487. This brought the portfolio total to 0.21%.

Gerry Farber LLC held 26,000 shares on 09/30/2012 worth $1,153,620. This brought the portfolio total to 1.02%.

Capstone Asset Management Co held 25,925 shares on 09/30/2012 worth $1,150,292. This brought the portfolio total to 0.05%.

BB&T Corp held 14,650 shares on 09/30/2012 worth $650,020. This brought the portfolio total to 0.03%.

FBR & Co. held 8,000 shares on 09/30/2012 worth $354,960. This brought the portfolio total to 0.02%.

Stock Yards Bank & Trust Co held 6,300 shares on 09/30/2012 worth $279,531. This brought the portfolio total to 0.05%.

Fulton Bank N.A. held 6,000 shares on 09/30/2012 worth $266,220. This brought the portfolio total to 0.03%.

Contravisory Investment Management Inc. held 2,525 shares on 09/30/2012 worth $112,034. This brought the portfolio total to 0.03%.

Triangle Securities Wealth Management held 700 shares on 09/30/2012 worth $31,059. This brought the portfolio total to 0.03%.

Knowing which stocks have institutional support will help improve your investing skills, and teach you how to ride the waves of strong moves. In fact, “S = Support is Provided By Institutional Investors & Company Insiders” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.