Swiss National Bank Purchases 800 Shares of Douglas Dynamics, Inc. (NYSE:PLOW)

Swiss National Bank boosted its position in Douglas Dynamics, Inc. (NYSE:PLOW – Get Rating) by 1.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 55,200 shares of the auto parts company’s stock after acquiring an additional 800 shares during the period. Swiss National Bank owned 0.24% of Douglas Dynamics worth $1,996,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PLOW. Great West Life Assurance Co. Can bought a new position in Douglas Dynamics in the third quarter worth approximately $26,000. Quantbot Technologies LP purchased a new position in shares of Douglas Dynamics during the third quarter valued at approximately $31,000. Rockefeller Capital Management L.P. boosted its position in shares of Douglas Dynamics by 366.7% during the third quarter. Rockefeller Capital Management L.P. now owns 1,372 shares of the auto parts company’s stock valued at $38,000 after buying an additional 1,078 shares during the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of Douglas Dynamics during the second quarter valued at approximately $46,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of Douglas Dynamics by 211.4% during the third quarter. Tower Research Capital LLC TRC now owns 1,825 shares of the auto parts company’s stock valued at $51,000 after buying an additional 1,239 shares during the last quarter. Institutional investors own 91.78% of the company’s stock.

Douglas Dynamics Stock Down 2.3 %

PLOW stock opened at $29.08 on Friday. The stock’s fifty day simple moving average is $29.60 and its two-hundred day simple moving average is $34.93. The company has a current ratio of 2.16, a quick ratio of 0.54 and a debt-to-equity ratio of 0.89. Douglas Dynamics, Inc. has a 1-year low of $25.49 and a 1-year high of $41.40. The stock has a market cap of $668.26 million, a P/E ratio of 23.84, a P/E/G ratio of 1.39 and a beta of 1.00.

Douglas Dynamics (NYSE:PLOW – Get Rating) last issued its earnings results on Monday, February 20th. The auto parts company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.08). The firm had revenue of $159.81 million during the quarter, compared to the consensus estimate of $164.30 million. Douglas Dynamics had a net margin of 4.93% and a return on equity of 14.04%. Analysts expect that Douglas Dynamics, Inc. will post 1.54 EPS for the current year.

Insider Buying and Selling at Douglas Dynamics

In other Douglas Dynamics news, CFO Sarah C. Lauber sold 3,757 shares of the business’s stock in a transaction on Monday, March 6th. The stock was sold at an average price of $36.66, for a total value of $137,731.62. Following the sale, the chief financial officer now directly owns 32,202 shares in the company, valued at $1,180,525.32. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, Director James L. Janik bought 6,929 shares of the stock in a transaction on Wednesday, May 10th. The shares were purchased at an average cost of $26.99 per share, for a total transaction of $187,013.71. Following the completion of the purchase, the director now directly owns 120,862 shares in the company, valued at approximately $3,262,065.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Sarah C. Lauber sold 3,757 shares of the business’s stock in a transaction on Monday, March 6th. The shares were sold at an average price of $36.66, for a total value of $137,731.62. Following the completion of the sale, the chief financial officer now owns 32,202 shares in the company, valued at $1,180,525.32. The disclosure for this sale can be found here. Insiders have sold a total of 14,416 shares of company stock worth $528,098 over the last ninety days. 2.50% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. DA Davidson cut their target price on Douglas Dynamics from $46.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, April 19th. StockNews.com started coverage on Douglas Dynamics in a research report on Thursday, May 18th. They issued a “hold” rating on the stock. Finally, Robert W. Baird cut their price objective on Douglas Dynamics from $48.00 to $46.00 in a research report on Tuesday, April 18th.

About Douglas Dynamics

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Douglas Dynamics, Inc engages in the manufacture of commercial work truck attachments and equipment. It operates through the following segments: Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segments include manufactured snow and ice control attachments sold under FISHER, HENDERSON, SNOWEX and WESTERN brands.