Quadrature Capital Ltd boosted its position in shares of Gardner Denver Holdings Inc (NYSE:GDI) by 189.3% in the 4th quarter, Holdings Channel reports. The firm owned 35,206 shares of the company’s stock after buying an additional 23,036 shares during the quarter. Quadrature Capital Ltd’s holdings in Gardner Denver were worth $1,195,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the business. Suntrust Banks Inc. raised its holdings in Gardner Denver by 14.4% during the 4th quarter. Suntrust Banks Inc. now owns 88,034 shares of the company’s stock worth $2,986,000 after purchasing an additional 11,099 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Gardner Denver in the 4th quarter valued at about $245,000. UBS Asset Management Americas Inc. increased its stake in shares of Gardner Denver by 49.7% in the 4th quarter. UBS Asset Management Americas Inc. now owns 4,163,266 shares of the company’s stock valued at $141,260,000 after acquiring an additional 1,382,689 shares during the last quarter. BlackRock Inc. increased its stake in shares of Gardner Denver by 60.3% in the 4th quarter. BlackRock Inc. now owns 2,644,655 shares of the company’s stock valued at $89,733,000 after acquiring an additional 994,732 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Gardner Denver by 69.8% in the 4th quarter. Bank of New York Mellon Corp now owns 219,047 shares of the company’s stock valued at $7,433,000 after acquiring an additional 90,077 shares during the last quarter.
GDI has been the subject of a number of recent analyst reports. Zacks Investment Research raised Gardner Denver from a “hold” rating to a “buy” rating and set a $33.00 price target for the company in a research note on Tuesday, October 31st. Stifel Nicolaus upped their price target on Gardner Denver from $34.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, November 22nd. Citigroup upped their price target on Gardner Denver to $36.00 and gave the company a “buy” rating in a research note on Friday, December 15th. Finally, Tigress Financial reaffirmed a “buy” rating on shares of Gardner Denver in a research note on Monday, December 18th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $32.83.
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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.
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