Douglas Dynamics, Inc. (NYSE:PLOW) Stake Boosted by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. grew its position in Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) by 67.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,498 shares of the auto parts company's stock after acquiring an additional 19,149 shares during the quarter. Epoch Investment Partners Inc. owned about 0.21% of Douglas Dynamics worth $1,122,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its holdings in shares of Douglas Dynamics by 0.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,440,641 shares of the auto parts company's stock valued at $57,819,000 after purchasing an additional 20,233 shares during the period. Pzena Investment Management LLC lifted its position in Douglas Dynamics by 3.3% during the fourth quarter. Pzena Investment Management LLC now owns 1,679,041 shares of the auto parts company's stock worth $39,676,000 after buying an additional 54,221 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Douglas Dynamics by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 521,052 shares of the auto parts company's stock valued at $12,316,000 after buying an additional 4,595 shares during the period. Harbor Capital Advisors Inc. grew its holdings in shares of Douglas Dynamics by 0.7% during the 4th quarter. Harbor Capital Advisors Inc. now owns 355,977 shares of the auto parts company's stock worth $8,412,000 after purchasing an additional 2,445 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of Douglas Dynamics by 19.7% in the fourth quarter. Bank of New York Mellon Corp now owns 296,867 shares of the auto parts company's stock valued at $7,015,000 after buying an additional 48,936 shares in the last quarter. Institutional investors own 91.85% of the company's stock.

Wall Street Analyst Weigh In

PLOW has been the subject of several analyst reports. StockNews.com raised Douglas Dynamics from a "hold" rating to a "buy" rating in a research report on Wednesday, February 26th. DA Davidson reissued a "buy" rating and set a $32.00 price objective on shares of Douglas Dynamics in a report on Tuesday, February 25th.

Douglas Dynamics Stock Down 1.4 %

NYSE PLOW traded down $0.34 on Friday, reaching $23.88. The company had a trading volume of 130,758 shares, compared to its average volume of 189,071. 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, Inc. has a 1 year low of $21.30 and a 1 year high of $30.98. The firm has a 50-day moving average of $24.28 and a 200-day moving average of $24.81. The firm has a market capitalization of $551.58 million, a PE ratio of 10.38, a P/E/G ratio of 1.14 and a beta of 1.17.

Douglas Dynamics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th were given a $0.295 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 4.94%. Douglas Dynamics's payout ratio is currently 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.