Seizert Capital Partners LLC Increases Stock Holdings in Dorman Products, Inc. (NASDAQ:DORM)

Seizert Capital Partners LLC boosted its holdings in shares of Dorman Products, Inc. (NASDAQ:DORM - Free Report) by 37.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,836 shares of the auto parts company's stock after buying an additional 12,367 shares during the quarter. Seizert Capital Partners LLC owned approximately 0.15% of Dorman Products worth $5,185,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its position in shares of Dorman Products by 5,460.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 278 shares of the auto parts company's stock worth $31,000 after acquiring an additional 273 shares in the last quarter. Covestor Ltd grew its position in shares of Dorman Products by 781.4% in the 3rd quarter. Covestor Ltd now owns 379 shares of the auto parts company's stock worth $43,000 after buying an additional 336 shares during the last quarter. Quest Partners LLC bought a new position in shares of Dorman Products during the 2nd quarter worth approximately $37,000. GAMMA Investing LLC boosted its stake in Dorman Products by 63.2% in the third quarter. GAMMA Investing LLC now owns 483 shares of the auto parts company's stock valued at $55,000 after acquiring an additional 187 shares in the last quarter. Finally, USA Financial Formulas acquired a new position in shares of Dorman Products during the third quarter worth $58,000. Institutional investors own 84.70% of the company's stock.

Insider Activity at Dorman Products

In other news, SVP Scott Leff sold 5,536 shares of Dorman Products stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $132.66, for a total transaction of $734,405.76. Following the sale, the senior vice president now owns 13,336 shares of the company's stock, valued at approximately $1,769,153.76. The trade was a 29.33 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jeffery Darby sold 1,400 shares of the company's stock in a transaction on Monday, August 26th. The shares were sold at an average price of $113.98, for a total value of $159,572.00. Following the completion of the transaction, the senior vice president now directly owns 22,271 shares in the company, valued at approximately $2,538,448.58. This trade represents a 5.91 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 59,833 shares of company stock valued at $7,050,877. 10.00% of the stock is owned by corporate insiders.

Dorman Products Stock Performance

Dorman Products stock traded down $1.23 during mid-day trading on Friday, hitting $134.73. The company had a trading volume of 173,369 shares, compared to its average volume of 208,236. The company has a current ratio of 2.34, a quick ratio of 1.16 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of 22.53 and a beta of 0.83. The company's fifty day moving average is $118.55 and its 200-day moving average is $104.73. Dorman Products, Inc. has a 12-month low of $69.63 and a 12-month high of $146.60.

Dorman Products (NASDAQ:DORM - Get Free Report) last posted its earnings results on Thursday, October 31st. The auto parts company reported $1.96 EPS for the quarter, beating analysts' consensus estimates of $1.53 by $0.43. Dorman Products had a return on equity of 16.95% and a net margin of 9.43%. The firm had revenue of $503.77 million for the quarter, compared to analysts' expectations of $509.54 million. During the same period last year, the firm earned $1.40 EPS. The company's quarterly revenue was up 3.2% on a year-over-year basis. Equities research analysts predict that Dorman Products, Inc. will post 6.9 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Roth Mkm reaffirmed a "buy" rating and set a $153.00 target price (up from $126.00) on shares of Dorman Products in a research report on Monday, November 4th. CJS Securities began coverage on shares of Dorman Products in a research report on Friday, September 13th. They set an "outperform" rating and a $134.00 price target for the company. Four investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $125.67.

About Dorman Products

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.