SG Americas Securities LLC bought a new stake in shares of Gardner Denver Holdings Inc (NYSE:GDI) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,035 shares of the company’s stock, valued at approximately $171,000.
Several other large investors have also made changes to their positions in the stock. GW&K Investment Management LLC increased its stake in Gardner Denver by 14.8% in the 4th quarter. GW&K Investment Management LLC now owns 812,735 shares of the company’s stock valued at $27,576,000 after buying an additional 104,916 shares during the period. State of Alaska Department of Revenue bought a new stake in Gardner Denver in the 4th quarter valued at $176,000. Schwab Charles Investment Management Inc. boosted its holdings in Gardner Denver by 85.6% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 298,452 shares of the company’s stock valued at $10,127,000 after purchasing an additional 137,681 shares during the period. Bank of Montreal Can boosted its holdings in Gardner Denver by 10,596.0% in the 4th quarter. Bank of Montreal Can now owns 23,959 shares of the company’s stock valued at $813,000 after purchasing an additional 23,735 shares during the period. Finally, Sterling Capital Management LLC bought a new stake in Gardner Denver in the 3rd quarter valued at $2,038,000.
Shares of Gardner Denver Holdings Inc (NYSE:GDI) traded up $0.43 during midday trading on Wednesday, reaching $32.96. The company’s stock had a trading volume of 424,107 shares, compared to its average volume of 719,289. The company has a quick ratio of 1.72, a current ratio of 2.61 and a debt-to-equity ratio of 1.37. Gardner Denver Holdings Inc has a fifty-two week low of $19.91 and a fifty-two week high of $38.00.
Gardner Denver (NYSE:GDI) last announced its quarterly earnings data on Thursday, February 15th. The company reported $0.69 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.28. The firm had revenue of $665.00 million for the quarter, compared to analysts’ expectations of $654.94 million. equities analysts forecast that Gardner Denver Holdings Inc will post 1.26 earnings per share for the current fiscal year.
A number of brokerages recently issued reports on GDI. Zacks Investment Research upgraded shares of Gardner Denver from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a research report on Friday, January 26th. UBS Group initiated coverage on shares of Gardner Denver in a research note on Tuesday, January 23rd. They set a “buy” rating and a $42.00 price objective on the stock. Johnson Rice assumed coverage on shares of Gardner Denver in a report on Tuesday, January 30th. They issued an “accumulate” rating and a $40.00 price objective on the stock. Stifel Nicolaus restated a “buy” rating and set a $41.00 target price (up from $36.00) on shares of Gardner Denver in a report on Tuesday, January 16th. Finally, Barclays began coverage on shares of Gardner Denver in a report on Thursday, February 15th. They set an “equal weight” rating and a $35.00 target price on the stock. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $32.83.
COPYRIGHT VIOLATION NOTICE: “SG Americas Securities LLC Takes Position in Gardner Denver Holdings Inc (NYSE:GDI)” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another publication, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The legal version of this article can be viewed at https://ledgergazette.com/2018/03/14/sg-americas-securities-llc-acquires-new-holdings-in-gardner-denver-holdings-inc-gdi.html.
Gardner Denver Profile
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.
Receive News & Ratings for Gardner Denver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gardner Denver and related companies with MarketBeat.com's FREE daily email newsletter.