Amundi Has $1.78 Million Stake in Dorman Products, Inc. (NASDAQ:DORM)

Amundi raised its position in Dorman Products, Inc. (NASDAQ:DORM - Free Report) by 187.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,149 shares of the auto parts company's stock after purchasing an additional 9,228 shares during the quarter. Amundi's holdings in Dorman Products were worth $1,779,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Csenge Advisory Group grew its holdings in Dorman Products by 0.5% in the 4th quarter. Csenge Advisory Group now owns 19,298 shares of the auto parts company's stock worth $2,500,000 after buying an additional 96 shares in the last quarter. Heritage Family Offices LLP grew its stake in shares of Dorman Products by 4.9% in the fourth quarter. Heritage Family Offices LLP now owns 2,128 shares of the auto parts company's stock worth $276,000 after purchasing an additional 100 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in shares of Dorman Products by 28.3% during the third quarter. First Horizon Advisors Inc. now owns 662 shares of the auto parts company's stock valued at $75,000 after purchasing an additional 146 shares during the period. Principal Securities Inc. increased its holdings in shares of Dorman Products by 77.6% during the fourth quarter. Principal Securities Inc. now owns 396 shares of the auto parts company's stock valued at $51,000 after purchasing an additional 173 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of Dorman Products by 38.9% during the fourth quarter. GAMMA Investing LLC now owns 671 shares of the auto parts company's stock valued at $87,000 after purchasing an additional 188 shares in the last quarter. Institutional investors own 84.70% of the company's stock.

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Dorman Products Price Performance

NASDAQ DORM traded down $1.06 on Friday, reaching $125.45. 345,042 shares of the stock traded hands, compared to its average volume of 147,186. Dorman Products, Inc. has a 12 month low of $86.61 and a 12 month high of $146.60. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 20.98 and a beta of 0.84. The firm's fifty day simple moving average is $128.06 and its 200 day simple moving average is $125.95. The company has a quick ratio of 1.16, a current ratio of 2.34 and a debt-to-equity ratio of 0.37.

Dorman Products (NASDAQ:DORM - Get Free Report) last released its earnings results on Wednesday, February 26th. The auto parts company reported $2.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.99 by $0.21. Dorman Products had a return on equity of 16.95% and a net margin of 9.43%. The firm had revenue of $533.77 million for the quarter, compared to analyst estimates of $523.95 million. As a group, research analysts predict that Dorman Products, Inc. will post 6.9 EPS for the current fiscal year.

Insider Activity at Dorman Products

In related news, Director Steven L. Berman sold 617 shares of Dorman Products stock in a transaction on Monday, January 13th. The stock was sold at an average price of $123.23, for a total value of $76,032.91. Following the transaction, the director now directly owns 832,910 shares in the company, valued at $102,639,499.30. The trade was a 0.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Donna M. Long sold 742 shares of the company's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $130.38, for a total value of $96,741.96. Following the sale, the senior vice president now directly owns 19,894 shares of the company's stock, valued at approximately $2,593,779.72. This represents a 3.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 33,475 shares of company stock valued at $4,397,374 over the last ninety days. Insiders own 10.00% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Dorman Products from a "strong-buy" rating to a "buy" rating in a research report on Friday, March 14th.

Dorman Products Profile

Dorman Products, Inc supplies replacement and upgrade parts for passenger cars, light trucks, medium- and heavy-duty trucks, utility terrain vehicles, and all-terrain vehicles in the motor vehicle aftermarket industry in the United States and internationally. It offers engine products, including intake and exhaust manifolds, fans, thermostat housings, and throttle bodies; undercar products comprising fluid lines, fluid reservoirs, connectors, 4-wheel drive components and axles, drain plugs, other engine, and transmission and axle components; steering and suspension products consist of control arms, ball joints, tie-rod ends, brake hardware and hydraulics, wheel and axle hardware, suspension arms, knuckles, links, bushings, and leaf springs, as well as other suspension, steering, and brake components; body products, such as door handles and hinges, window lift motors, window regulators, switches and handles, wiper components, lighting, electrical, and other interior and exterior vehicle body components, including windshields for UTVs; electronics products comprise new and remanufactured modules, clusters and sensors; and hardware products, such as threaded bolts and auto body fasteners, automotive and home electrical wiring components, and other hardware assortments and merchandise.