Y Intercept Hong Kong Ltd Has $326,000 Holdings in Douglas Dynamics, Inc. (NYSE:PLOW)

Y Intercept Hong Kong Ltd trimmed its holdings in Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) by 45.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,807 shares of the auto parts company's stock after selling 11,645 shares during the period. Y Intercept Hong Kong Ltd owned about 0.06% of Douglas Dynamics worth $326,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its holdings in shares of Douglas Dynamics by 0.8% in the 4th 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 buying an additional 20,233 shares during the period. Drystone LLC acquired a new stake in shares of Douglas Dynamics in the fourth quarter valued at approximately $2,531,000. R Squared Ltd acquired a new position in Douglas Dynamics during the 4th quarter worth $49,000. Olstein Capital Management L.P. increased its holdings in shares of Douglas Dynamics by 11.9% during the fourth quarter. Olstein Capital Management L.P. now owns 75,000 shares of the auto parts company's stock valued at $1,772,000 after purchasing an additional 8,000 shares during the period. Finally, D.B. Root & Company LLC increased its stake in Douglas Dynamics by 22.4% during the 4th quarter. D.B. Root & Company LLC now owns 17,292 shares of the auto parts company's stock valued at $409,000 after buying an additional 3,163 shares during the period. 91.85% of the stock is currently owned by hedge funds and other institutional investors.

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Douglas Dynamics Stock Up 0.0 %

Shares of NYSE:PLOW traded up $0.01 during trading on Friday, reaching $25.77. 37,694 shares of the company traded hands, compared to its average volume of 161,536. Douglas Dynamics, Inc. has a 1-year low of $21.31 and a 1-year high of $30.98. 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 firm has a market cap of $595.02 million, a P/E ratio of 11.20, a price-to-earnings-growth ratio of 1.14 and a beta of 1.21. The firm has a fifty day simple moving average of $25.19 and a 200 day simple moving average of $25.82.

Douglas Dynamics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 18th will be issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date is Tuesday, March 18th. Douglas Dynamics's dividend payout ratio is presently 50.43%.

Analyst Ratings Changes

A number of research firms have weighed in on PLOW. StockNews.com upgraded Douglas Dynamics from a "hold" rating to a "buy" rating in a research report on Wednesday, February 26th. DA Davidson reaffirmed a "buy" rating and issued a $32.00 price target on shares of Douglas Dynamics in a report on Tuesday, February 25th.

Douglas Dynamics Company Profile

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.