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

WINTON GROUP Ltd acquired a new stake in Dorman Products, Inc. (NASDAQ:DORM - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,398 shares of the auto parts company's stock, valued at approximately $3,290,000. WINTON GROUP Ltd owned approximately 0.08% of Dorman Products as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Envestnet Portfolio Solutions Inc. raised its stake in Dorman Products by 1.8% in the 4th 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 last quarter. Csenge Advisory Group raised its position in shares of Dorman Products by 0.5% in the fourth 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 last quarter. Heritage Family Offices LLP lifted its stake in shares of Dorman Products by 4.9% during the fourth quarter. Heritage Family Offices LLP now owns 2,128 shares of the auto parts company's stock valued at $276,000 after buying an additional 100 shares during the period. Principal Securities Inc. boosted its position in Dorman Products by 77.6% during the fourth quarter. Principal Securities Inc. now owns 396 shares of the auto parts company's stock worth $51,000 after acquiring an additional 173 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in Dorman Products by 38.9% in the 4th quarter. GAMMA Investing LLC now owns 671 shares of the auto parts company's stock worth $87,000 after acquiring an additional 188 shares during the period. 84.70% of the stock is currently owned by hedge funds and other institutional investors.

Dorman Products Trading Up 1.7 %

Shares of NASDAQ DORM traded up $2.10 on Tuesday, reaching $122.64. 221,217 shares of the company traded hands, compared to its average volume of 158,520. The stock has a market capitalization of $3.75 billion, a PE ratio of 20.51 and a beta of 0.84. Dorman Products, Inc. has a fifty-two week low of $86.61 and a fifty-two week high of $146.60. 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 50 day moving average of $127.54 and a 200 day moving average of $126.92.

Dorman Products (NASDAQ:DORM - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The auto parts company reported $2.20 EPS for the quarter, topping the consensus estimate of $1.99 by $0.21. The firm had revenue of $533.77 million during the quarter, compared to analyst estimates 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 forecast that Dorman Products, Inc. will post 6.9 earnings per share for the current fiscal year.

Insider Transactions at Dorman Products

In other news, Director Steven L. Berman sold 9,238 shares of the business's stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $132.73, for a total transaction of $1,226,159.74. Following the completion of the sale, the director now owns 788,688 shares in the company, valued at approximately $104,682,558.24. The trade was a 1.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Donna M. Long sold 742 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $130.38, for a total transaction of $96,741.96. Following the sale, the senior vice president now directly owns 19,894 shares of the company's stock, valued at approximately $2,593,779.72. This trade represents a 3.60 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,842 shares of company stock worth $4,048,449 in the last ninety days. Insiders own 10.00% of the company's stock.

Analyst Ratings Changes

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

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.