Dover Corp (NYSE:DOV).
Frontier Investment Mgmt Co says it increased its investment in Dover Corp stock by 6,530 shares in the last quarter. Its investment was valued at $11,866,000 an increase of $1,975,000 as of quarter end.
Frontier Investment Mgmt Co isn’t the only one who has changed their investment in DOV. As of quarter end Commonwealth Of Pennsylvania Public School Empls Retrmt SYS had bought a total of 1,095 shares growing its position 9.5%. The value of the total investment in Dover Corp went from $928,000 to $1,157,000 increasing 24.7% since the last quarter. Raymond James & Associates divested its holdings by shedding 6,530 shares a decrease of 5.3% from 06/30/2017 to 09/30/2017. Raymond James & Associates now controls 31,726 shares with a value of $2,899,000. The total value of its holdings increased 1.6%.
As of the end of the quarter Frontier Investment Mgmt Co had acquired 6,530 shares growing its stake by 5.3%. The value of the company’s investment in Dover Corp increased from $9,891,000 to $4,024,000 a change of 20.0% quarter over quarter. As of the end of the quarter Frontier Investment Mgmt Co had acquired a total of 3,837 shares growing its holdings by 10.8%. The value of the investment in Dover Corp went from $9,891,000 to $11,866,000 a change of $1,975,000 for the reporting period.
As of quarter end Baird Financial Group, Inc. had sold a total of 1,843 shares trimming its holdings by 4.0%. The value of the investment in (DOV) increased from $3,680,000 to $11,866,000 increasing 9.3% quarter to quarter.
October 23 investment analysts at SunTrust Banks left the company rating at “Hold” projecting a price of $96.00. On October 17 Stifel Nicolaus kept the company rating at “Hold” with a current price target of $92.00.
October 12 investment analysts at SunTrust Banks held the stock rating at “Hold” targeting a price of $90.00. On October 9 Citigroup left the stock rating at “Neutral” with a current price target of $96.00.
On October 2 Morgan Stanley made no change to the stock rating of “Overweight” with a current price target of $106.00.
The company is down by 1.34% since yesterday’s close of 93.61. The most current P/E ratio is 21.48 and the market cap of the company is 14.39B. As of the last earnings report the EPS was $4.30 with 155.79M shares outstanding.
Investors are more bullish on Dover Corp of late if you take a look at the fall in short interest. The company recorded a fall in short interest between October 13, 2017 and October 31, 2017 of -6.64%. Short shares fell 187,317 over that timeframe. The short-interest ratio decreased to 2.0 and the percentage of shorted shares is 0.02% as of October 31.