Boston Partners Takes Position in Gardner Denver Holdings, Inc. (GDI)

Boston Partners bought a new position in Gardner Denver Holdings, Inc. (NYSE:GDI) in the third quarter, according to its most recent filing with the SEC. The firm bought 958,030 shares of the company’s stock, valued at approximately $26,365,000. Boston Partners owned approximately 0.49% of Gardner Denver Holdings as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Alliancebernstein L.P. acquired a new stake in Gardner Denver Holdings in the 2nd quarter worth approximately $83,015,000. Neuberger Berman Group LLC acquired a new stake in Gardner Denver Holdings during the 2nd quarter valued at approximately $66,221,000. Vanguard Group Inc. acquired a new stake in Gardner Denver Holdings during the 2nd quarter valued at approximately $61,434,000. Jennison Associates LLC acquired a new stake in Gardner Denver Holdings during the 2nd quarter valued at approximately $49,247,000. Finally, Teachers Advisors LLC acquired a new stake in Gardner Denver Holdings during the 2nd quarter valued at approximately $47,611,000. Institutional investors own 99.31% of the company’s stock.

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Gardner Denver Holdings, Inc. (NYSE:GDI) opened at $28.76 on Monday. The company has a current ratio of 2.51, a quick ratio of 1.60 and a debt-to-equity ratio of 1.58. Gardner Denver Holdings, Inc. has a 1-year low of $19.91 and a 1-year high of $30.66.

Several brokerages have commented on GDI. UBS AG lifted their price objective on shares of Gardner Denver Holdings from $28.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Citigroup Inc. set a $34.00 price objective on shares of Gardner Denver Holdings and gave the company a “buy” rating in a research note on Friday, October 27th. Stifel Nicolaus lifted their price objective on shares of Gardner Denver Holdings from $30.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Zacks Investment Research upgraded shares of Gardner Denver Holdings from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research note on Tuesday, October 31st. Finally, Robert W. Baird restated a “buy” rating and set a $30.00 price objective on shares of Gardner Denver Holdings in a research note on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $30.20.

About Gardner Denver Holdings

Gardner Denver Holdings, Inc is a global provider of mission-critical flow control and compression equipments and associated aftermarket parts, consumables and services. The Company operates through three business segments: Industry, Energy and Medical. Industry segment designs, manufactures, markets and services a range of air compression, vacuum and blower products.

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Institutional Ownership by Quarter for Gardner Denver Holdings (NYSE:GDI)

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