Integrated Quantitative Investments LLC bought a new position in Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 11,751 shares of the auto parts company's stock, valued at approximately $278,000. Integrated Quantitative Investments LLC owned approximately 0.05% of Douglas Dynamics as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. FMR LLC raised 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 valued at $72,000 after acquiring an additional 1,229 shares during the last quarter. Jane Street Group LLC increased its holdings in Douglas Dynamics by 109.6% in the third quarter. Jane Street Group LLC now owns 66,695 shares of the auto parts company's stock valued at $1,839,000 after purchasing an additional 34,873 shares during the period. DF Dent & Co. Inc. raised its position in Douglas Dynamics by 26.3% during the 3rd quarter. DF Dent & Co. Inc. now owns 855,642 shares of the auto parts company's stock worth $23,599,000 after purchasing an additional 178,018 shares during the last quarter. XTX Topco Ltd acquired a new position in Douglas Dynamics during the 3rd quarter worth about $219,000. Finally, Dean Investment Associates LLC acquired a new position in Douglas Dynamics during the 3rd quarter worth about $2,676,000. 91.85% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on PLOW shares. StockNews.com upgraded 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 target price on shares of Douglas Dynamics in a research report on Tuesday, February 25th.
Read Our Latest Stock Report on Douglas Dynamics
Douglas Dynamics Trading Up 1.2 %
PLOW traded up $0.27 during trading on Friday, reaching $22.46. 225,660 shares of the stock traded hands, compared to its average volume of 189,239. 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's 50-day moving average is $24.65 and its 200 day moving average is $25.03. Douglas Dynamics, Inc. has a 12 month low of $21.30 and a 12 month high of $30.98. The stock has a market capitalization of $518.87 million, a PE ratio of 9.77, a P/E/G ratio of 1.14 and a beta of 1.17.
Douglas Dynamics Announces Dividend
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 of this dividend was Tuesday, March 18th. This represents a $1.18 annualized dividend and a dividend yield of 5.25%. Douglas Dynamics's payout ratio is 50.43%.
About Douglas Dynamics
(
Free Report)
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.
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