Public Employees Retirement Association of Colorado Decreases Holdings in Donaldson Company, Inc. (DCI)

Public Employees Retirement Association of Colorado lowered its position in Donaldson Company, Inc. (NYSE:DCI) by 6.7% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 24,754 shares of the industrial products company’s stock after selling 1,770 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Donaldson were worth $1,137,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in DCI. Janus Henderson Group PLC lifted its holdings in Donaldson by 163.8% in the 2nd quarter. Janus Henderson Group PLC now owns 1,479,606 shares of the industrial products company’s stock valued at $67,381,000 after purchasing an additional 918,729 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Donaldson by 1,689.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 889,372 shares of the industrial products company’s stock valued at $40,502,000 after purchasing an additional 839,672 shares in the last quarter. Koch Industries Inc. purchased a new position in Donaldson in the 2nd quarter valued at $618,000. Principal Financial Group Inc. lifted its holdings in Donaldson by 55.7% in the 2nd quarter. Principal Financial Group Inc. now owns 1,252,691 shares of the industrial products company’s stock valued at $57,048,000 after purchasing an additional 448,320 shares in the last quarter. Finally, Marshall Wace North America L.P. lifted its holdings in Donaldson by 725.5% in the 2nd quarter. Marshall Wace North America L.P. now owns 480,502 shares of the industrial products company’s stock valued at $22,103,000 after purchasing an additional 422,292 shares in the last quarter. Institutional investors own 78.17% of the company’s stock.

Donaldson Company, Inc. (DCI) opened at $46.28 on Friday. Donaldson Company, Inc. has a fifty-two week low of $39.49 and a fifty-two week high of $48.91. The company has a current ratio of 2.38, a quick ratio of 1.77 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $6,012.00, a price-to-earnings ratio of 27.38, a PEG ratio of 2.23 and a beta of 1.19.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Thursday, September 7th. The industrial products company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.02). Donaldson had a return on equity of 28.14% and a net margin of 9.81%. The company had revenue of $660.10 million for the quarter, compared to analysts’ expectations of $634.41 million. During the same quarter in the prior year, the firm earned $0.46 EPS. The firm’s revenue was up 11.2% on a year-over-year basis. research analysts expect that Donaldson Company, Inc. will post 1.87 earnings per share for the current year.

WARNING: “Public Employees Retirement Association of Colorado Decreases Holdings in Donaldson Company, Inc. (DCI)” was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this news story on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this news story can be read at https://sportsperspectives.com/2017/11/12/public-employees-retirement-association-of-colorado-decreases-holdings-in-donaldson-company-inc-dci.html.

A number of brokerages have weighed in on DCI. Stifel Nicolaus restated a “hold” rating on shares of Donaldson in a report on Thursday, October 19th. SunTrust Banks, Inc. restated a “hold” rating and issued a $46.00 price objective on shares of Donaldson in a report on Friday, October 27th. BidaskClub lowered Donaldson from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Jefferies Group LLC reiterated a “buy” rating and set a $54.00 price target on shares of Donaldson in a report on Tuesday, October 3rd. Finally, Zacks Investment Research lowered Donaldson from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $48.00.

Donaldson Profile

Donaldson Company, Inc is a manufacturer of filtration systems and replacement parts. The Company’s segments include Engine Products, Industrial Products and Corporate. The Company’s products are manufactured at approximately 44 plants around the world and through three joint ventures. The Company offers its products under the Ultra-Web, PowerCore and Donaldson brands.

Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

Receive News & Ratings for Donaldson Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donaldson Company Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply