Barclays PLC Has $1.49 Million Holdings in Douglas Dynamics, Inc. (NYSE:PLOW)

Barclays PLC lifted its position in shares of Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) by 132.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 54,116 shares of the auto parts company's stock after buying an additional 30,795 shares during the quarter. Barclays PLC owned approximately 0.23% of Douglas Dynamics worth $1,494,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in PLOW. Geode Capital Management LLC grew its holdings in shares of Douglas Dynamics by 1.3% during the third quarter. Geode Capital Management LLC now owns 516,457 shares of the auto parts company's stock worth $14,247,000 after buying an additional 6,657 shares in the last quarter. Dean Investment Associates LLC acquired a new stake in Douglas Dynamics during the third quarter worth about $2,676,000. XTX Topco Ltd purchased a new position in shares of Douglas Dynamics in the 3rd quarter worth about $219,000. DF Dent & Co. Inc. lifted its stake in shares of Douglas Dynamics by 26.3% in the 3rd quarter. DF Dent & Co. Inc. now owns 855,642 shares of the auto parts company's stock valued at $23,599,000 after purchasing an additional 178,018 shares in the last quarter. Finally, Jane Street Group LLC increased its position in Douglas Dynamics by 109.6% during the 3rd quarter. Jane Street Group LLC now owns 66,695 shares of the auto parts company's stock worth $1,839,000 after purchasing an additional 34,873 shares in the last quarter. 91.85% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on PLOW. StockNews.com upgraded shares of Douglas Dynamics from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Robert W. Baird dropped their price objective on shares of Douglas Dynamics from $30.00 to $26.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 30th.

Douglas Dynamics Stock Performance

PLOW stock traded up $0.31 during midday trading on Monday, reaching $23.65. The company had a trading volume of 414,813 shares, compared to its average volume of 219,073. The company has a quick ratio of 1.13, a current ratio of 2.14 and a debt-to-equity ratio of 0.56. The stock has a 50 day moving average price of $24.77 and a 200 day moving average price of $25.67. The firm has a market capitalization of $546.17 million, a PE ratio of 10.28, a P/E/G ratio of 1.40 and a beta of 1.21. Douglas Dynamics, Inc. has a fifty-two week low of $21.31 and a fifty-two week high of $30.98.

Douglas Dynamics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date of this dividend was Monday, December 16th. Douglas Dynamics's dividend payout ratio (DPR) is 51.30%.

About Douglas Dynamics

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.