Olstein Capital Management L.P. lifted its stake in Dover Co. (NYSE:DOV – Free Report) by 3.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,000 shares of the industrial products company’s stock after purchasing an additional 1,000 shares during the period. Olstein Capital Management L.P.’s holdings in Dover were worth $5,560,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. LRI Investments LLC acquired a new position in Dover during the first quarter worth about $27,000. McClarren Financial Advisors Inc. raised its position in shares of Dover by 4,400.0% in the second quarter. McClarren Financial Advisors Inc. now owns 180 shares of the industrial products company’s stock valued at $32,000 after buying an additional 176 shares during the last quarter. Fairscale Capital LLC purchased a new stake in Dover in the second quarter valued at approximately $34,000. Transcendent Capital Group LLC grew its holdings in Dover by 208.0% in the first quarter. Transcendent Capital Group LLC now owns 231 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 156 shares during the period. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in Dover in the second quarter valued at approximately $41,000. Institutional investors and hedge funds own 84.46% of the company’s stock.
Dover Stock Performance
Shares of Dover stock traded down $0.47 during trading on Thursday, hitting $202.09. 14,350 shares of the stock were exchanged, compared to its average volume of 971,376. The stock’s fifty day moving average is $188.43 and its 200 day moving average is $183.42. The stock has a market cap of $27.72 billion, a PE ratio of 18.12, a P/E/G ratio of 2.54 and a beta of 1.22. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.06 and a current ratio of 1.57. Dover Co. has a 12 month low of $129.63 and a 12 month high of $204.05.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on DOV
Insider Activity at Dover
In other Dover news, CFO Brad M. Cerepak sold 14,818 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $175.00, for a total transaction of $2,593,150.00. Following the completion of the sale, the chief financial officer now directly owns 12,324 shares of the company’s stock, valued at approximately $2,156,700. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Dover news, SVP Ivonne M. Cabrera sold 1,220 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $185.00, for a total transaction of $225,700.00. Following the completion of the sale, the senior vice president now directly owns 47,060 shares of the company’s stock, valued at approximately $8,706,100. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Brad M. Cerepak sold 14,818 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $175.00, for a total transaction of $2,593,150.00. Following the completion of the sale, the chief financial officer now directly owns 12,324 shares of the company’s stock, valued at $2,156,700. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 41,042 shares of company stock worth $7,368,578 in the last 90 days. Corporate insiders own 1.30% of the company’s stock.
Dover Company Profile
Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market.
Read More
- Five stocks we like better than Dover
- What is Put Option Volume?
- Breakout Alert: Qualcomm Just Hit The Rally Button
- How to Effectively Use the MarketBeat Ratings Screener
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
- The How And Why of Investing in Oil Stocks
- Atlassian Is Up +60% in Three Months—What’s Causing the Rally?
Want to see what other hedge funds are holding DOV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dover Co. (NYSE:DOV – Free Report).
Receive News & Ratings for Dover Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dover and related companies with MarketBeat.com's FREE daily email newsletter.