1 week Ago By Defense World Staff
Norges Bank bought a new position in shares of Douglas Dynamics, Inc. ( NYSE:PLOW – Free Report ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 26,100 shares of the auto parts company’s stock, valued at approximately $617,000.
Norges Bank owned approximately 0.11% of Douglas Dynamics as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds have also recently bought and sold shares of the business.
Drystone LLC acquired a new stake in shares of Douglas Dynamics in the fourth quarter worth $2,531,000. Monimus Capital Management LP purchased a new stake in Douglas Dynamics during the 4th quarter worth $2,400,000. Pzena Investment Management LLC increased its holdings in Douglas Dynamics by 3.
3% in the 4th quarter. Pzena Investment Management LLC now owns 1,679,041 shares of the auto parts company’s stock valued at $39,676,000 after purchasing an additional 54,221 shares in the last quarter. Teacher Retirement System of Texas raised its position in Douglas Dynamics by 183.
5% in the fourth quarter. Teacher Retirement System of Texas now owns 76,557 shares of the auto parts company’s stock valued at $1,809,000 after purchasing an additional 49,557 shares during the period. Finally, Hillsdale Investment Management Inc.
acquired a new position in shares of Douglas Dynamics during the fourth quarter worth about $1,170,000. Hedge funds and other institutional investors own 91.85% of the company’s stock.
Analysts Set New Price Targets A number of equities research analysts have recently issued reports on the company. StockNews.com upgraded Douglas Dynamics from a “hold” rating to a “buy” rating in a research note on Wednesday, February 26th.
DA Davidson reaffirmed a “buy” rating and issued a $32.00 price objective on shares of Douglas Dynamics in a research report on Tuesday, February 25th. Douglas Dynamics Stock Performance NYSE:PLOW opened at $22.
46 on Friday. The firm has a 50-day moving average of $24.65 and a two-hundred day moving average of $25.
03. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.
14 and a quick ratio of 1.13. The stock has a market cap of $518.
87 million, a P/E ratio of 9.77, a PEG ratio of 1.14 and a beta of 1.
17. Douglas Dynamics, Inc. has a 1-year low of $21.
30 and a 1-year high of $30.98. Douglas Dynamics Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st.
Shareholders of record on Tuesday, March 18th were paid a dividend of $0.295 per share. The ex-dividend date of this dividend was Tuesday, March 18th.
This represents a $1.18 dividend on an annualized basis and a yield of 5.25%.
Douglas Dynamics’s dividend payout ratio (DPR) is presently 50.43%. Douglas Dynamics Company Profile ( Free Report ) Douglas Dynamics, Inc operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America.
It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. See Also Five stocks we like better than Douglas Dynamics What Are the U.
K. Market Holidays? How to Invest and Trade Robinhood Strategies Could Be a Game-Changer for Young Investors What is the S&P/TSX Index? Are These 3 Retail Stocks Oversold or Really in Trouble? What Makes a Stock a Good Dividend Stock? IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead Want to see what other hedge funds are holding PLOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Douglas Dynamics, Inc.
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