Ameriprise Financial Inc. Acquires Shares of 15,504 Gardner Denver Holdings, Inc. (GDI)

Ameriprise Financial Inc. acquired a new position in shares of Gardner Denver Holdings, Inc. (NYSE:GDI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 15,504 shares of the company’s stock, valued at approximately $335,000.

Several other large investors have also recently made changes to their positions in GDI. Engineers Gate Manager LP acquired a new stake in shares of Gardner Denver Holdings during the 2nd quarter worth approximately $201,000. Pacad Investment Ltd. acquired a new stake in shares of Gardner Denver Holdings during the 2nd quarter worth approximately $211,000. NGAM Advisors L.P. acquired a new stake in shares of Gardner Denver Holdings during the 2nd quarter worth approximately $302,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of Gardner Denver Holdings during the 2nd quarter worth approximately $498,000. Finally, Sei Investments Co. acquired a new stake in shares of Gardner Denver Holdings during the 2nd quarter worth approximately $622,000. 99.31% of the stock is currently owned by institutional investors.

Shares of Gardner Denver Holdings, Inc. (NYSE:GDI) opened at $27.54 on Thursday. The company has a quick ratio of 1.60, a current ratio of 2.51 and a debt-to-equity ratio of 1.58. Gardner Denver Holdings, Inc. has a one year low of $19.91 and a one year high of $30.66.

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Several brokerages have recently weighed in on GDI. Zacks Investment Research raised Gardner Denver Holdings from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a report on Tuesday, October 3rd. Stifel Nicolaus lifted their price objective on Gardner Denver Holdings from $30.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, October 27th. Citigroup Inc. reissued a “buy” rating and set a $32.00 price objective (up previously from $28.00) on shares of Gardner Denver Holdings in a report on Monday, October 9th. Simmons reissued an “overweight” rating and set a $31.00 price objective on shares of Gardner Denver Holdings in a report on Tuesday, September 26th. Finally, UBS AG boosted their price target on Gardner Denver Holdings from $28.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, October 27th. One research analyst has rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the stock. 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.

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

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