EntryPoint Capital LLC Buys New Holdings in Douglas Dynamics, Inc. (NYSE:PLOW)

EntryPoint Capital LLC bought a new stake in Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 12,281 shares of the auto parts company's stock, valued at approximately $290,000. EntryPoint Capital LLC owned approximately 0.05% of Douglas Dynamics at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in PLOW. R Squared Ltd bought a new position in Douglas Dynamics in the fourth quarter valued at approximately $49,000. FMR LLC grew its stake in shares of Douglas Dynamics by 88.6% during the third quarter. FMR LLC now owns 2,616 shares of the auto parts company's stock worth $72,000 after buying an additional 1,229 shares during the last quarter. US Bancorp DE increased its holdings in shares of Douglas Dynamics by 15.6% during the fourth quarter. US Bancorp DE now owns 3,052 shares of the auto parts company's stock worth $72,000 after buying an additional 413 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of Douglas Dynamics in the 4th quarter valued at $111,000. Finally, Quest Partners LLC acquired a new stake in shares of Douglas Dynamics during the 3rd quarter valued at $118,000. 91.85% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on PLOW shares. DA Davidson reissued a "buy" rating and set a $32.00 price target on shares of Douglas Dynamics in a research note on Tuesday, February 25th. StockNews.com raised Douglas Dynamics from a "hold" rating to a "buy" rating in a research note on Wednesday, February 26th.

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Douglas Dynamics Trading Up 0.2 %

Shares of PLOW traded up $0.05 during trading hours on Tuesday, hitting $23.28. 141,875 shares of the stock were exchanged, compared to its average volume of 190,090. Douglas Dynamics, Inc. has a fifty-two week low of $21.31 and a fifty-two week high of $30.98. The business has a 50-day moving average of $25.30 and a 200-day moving average of $25.37. The firm has a market capitalization of $537.70 million, a P/E ratio of 10.12, a price-to-earnings-growth ratio of 1.14 and a beta of 1.17. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.14 and a quick ratio of 1.13.

Douglas Dynamics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 18th were given a dividend of $0.295 per share. The ex-dividend date was Tuesday, March 18th. This represents a $1.18 annualized dividend and a dividend yield of 5.07%. Douglas Dynamics's payout ratio is 50.43%.

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.