WINTON GROUP Ltd Takes Position in Dorman Products, Inc. (NASDAQ:DORM)

WINTON GROUP Ltd purchased a new position in shares of Dorman Products, Inc. (NASDAQ:DORM - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 25,398 shares of the auto parts company's stock, valued at approximately $3,290,000. WINTON GROUP Ltd owned about 0.08% of Dorman Products at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Dorman Products by 1.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 4,763 shares of the auto parts company's stock valued at $617,000 after purchasing an additional 84 shares during the period. Csenge Advisory Group grew its stake in shares of Dorman Products by 0.5% in the 4th quarter. Csenge Advisory Group now owns 19,298 shares of the auto parts company's stock valued at $2,500,000 after buying an additional 96 shares during the period. Heritage Family Offices LLP increased its holdings in shares of Dorman Products by 4.9% during the 4th quarter. Heritage Family Offices LLP now owns 2,128 shares of the auto parts company's stock worth $276,000 after buying an additional 100 shares during the last quarter. Principal Securities Inc. raised its position in shares of Dorman Products by 77.6% during the 4th quarter. Principal Securities Inc. now owns 396 shares of the auto parts company's stock valued at $51,000 after buying an additional 173 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Dorman Products by 38.9% in the fourth quarter. GAMMA Investing LLC now owns 671 shares of the auto parts company's stock valued at $87,000 after acquiring an additional 188 shares during the last quarter. Hedge funds and other institutional investors own 84.70% of the company's stock.

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Analysts Set New Price Targets

Separately, StockNews.com cut Dorman Products from a "strong-buy" rating to a "buy" rating in a research note on Friday, March 14th.

Insider Activity

In other news, SVP Donna M. Long sold 742 shares of the stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $130.38, for a total transaction of $96,741.96. Following the sale, the senior vice president now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven L. Berman sold 285 shares of Dorman Products stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $123.50, for a total transaction of $35,197.50. Following the completion of the transaction, the director now owns 833,527 shares of the company's stock, valued at $102,940,584.50. This trade represents a 0.03 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 30,842 shares of company stock valued at $4,048,449. 10.00% of the stock is currently owned by corporate insiders.

Dorman Products Trading Down 0.0 %

DORM stock traded down $0.06 during mid-day trading on Monday, hitting $120.65. 105,813 shares of the company were exchanged, compared to its average volume of 157,472. Dorman Products, Inc. has a 12-month low of $86.61 and a 12-month high of $146.60. The firm has a market capitalization of $3.69 billion, a P/E ratio of 20.20 and a beta of 0.84. The business has a fifty day simple moving average of $127.87 and a 200-day simple moving average of $126.81. 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 posted its quarterly earnings data on Wednesday, February 26th. The auto parts company reported $2.20 earnings per share for the quarter, topping analysts' consensus estimates of $1.99 by $0.21. The firm had revenue of $533.77 million during the quarter, compared to analysts' expectations of $523.95 million. Dorman Products had a net margin of 9.43% and a return on equity of 16.95%. On average, equities research analysts predict that Dorman Products, Inc. will post 6.9 earnings per share for the current fiscal year.

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.