Donaldson Company, Inc. (DCI) Shares Bought by BNP Paribas Arbitrage SA

Share on StockTwits

BNP Paribas Arbitrage SA grew its holdings in Donaldson Company, Inc. (NYSE:DCI) by 97.2% during the 1st quarter, Holdings Channel reports. The firm owned 4,250 shares of the industrial products company’s stock after acquiring an additional 2,095 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Donaldson were worth $213,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of DCI. Riverview Trust Co acquired a new stake in shares of Donaldson in the fourth quarter valued at about $27,000. CX Institutional acquired a new stake in shares of Donaldson in the first quarter valued at about $32,000. Penserra Capital Management LLC acquired a new stake in shares of Donaldson in the fourth quarter valued at about $34,000. Enlightenment Research LLC acquired a new stake in shares of Donaldson in the fourth quarter valued at about $48,000. Finally, Oregon Public Employees Retirement Fund grew its position in shares of Donaldson by 4,293.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,243,003 shares of the industrial products company’s stock valued at $52,000 after purchasing an additional 2,191,949 shares during the last quarter. 80.58% of the stock is currently owned by institutional investors.

NYSE DCI opened at $48.19 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.35 and a quick ratio of 1.61. Donaldson Company, Inc. has a twelve month low of $40.27 and a twelve month high of $59.43. The stock has a market capitalization of $6.15 billion, a P/E ratio of 24.10, a P/E/G ratio of 1.97 and a beta of 1.44.

Donaldson (NYSE:DCI) last released its earnings results on Wednesday, March 6th. The industrial products company reported $0.47 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by ($0.04). Donaldson had a net margin of 10.82% and a return on equity of 32.75%. The company had revenue of $703.70 million during the quarter, compared to the consensus estimate of $719.40 million. During the same quarter in the previous year, the business posted $0.43 EPS. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. As a group, sell-side analysts anticipate that Donaldson Company, Inc. will post 2.33 earnings per share for the current year.

In related news, Chairman Tod E. Carpenter sold 4,000 shares of the stock in a transaction dated Friday, March 29th. The shares were sold at an average price of $50.02, for a total value of $200,080.00. Following the completion of the sale, the chairman now owns 102,037 shares in the company, valued at $5,103,890.74. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Douglas A. Milroy bought 560 shares of Donaldson stock in a transaction that occurred on Wednesday, March 13th. The stock was bought at an average price of $49.05 per share, with a total value of $27,468.00. Following the purchase, the director now owns 4,449 shares of the company’s stock, valued at approximately $218,223.45. The disclosure for this purchase can be found here. 1.35% of the stock is currently owned by company insiders.

Separately, Zacks Investment Research raised Donaldson from a “sell” rating to a “hold” rating in a research report on Wednesday, April 10th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. Donaldson presently has a consensus rating of “Hold” and a consensus price target of $55.25.

ILLEGAL ACTIVITY NOTICE: “Donaldson Company, Inc. (DCI) Shares Bought by BNP Paribas Arbitrage SA” was first published by Ticker Report and is owned by of Ticker Report. If you are reading this report on another website, it was illegally copied and reposted in violation of United States and international trademark & copyright laws. The legal version of this report can be read at https://www.tickerreport.com/banking-finance/4352860/donaldson-company-inc-dci-shares-bought-by-bnp-paribas-arbitrage-sa.html.

Donaldson Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. It operates through Engine Products and Industrial Products segments. The Engine Products segment offers replacement filters for air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems.

Featured Story: What is Cost of Goods Sold (COGS)?

Want to see what other hedge funds are holding DCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Donaldson Company, Inc. (NYSE:DCI).

Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

Receive News & Ratings for Donaldson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donaldson and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Slack  Earns Neutral Rating from Analysts at Credit Suisse Group
Slack Earns Neutral Rating from Analysts at Credit Suisse Group
Slack  Coverage Initiated by Analysts at Morgan Stanley
Slack Coverage Initiated by Analysts at Morgan Stanley
Solaris Oilfield Infrastructure  Coverage Initiated by Analysts at Citigroup
Solaris Oilfield Infrastructure Coverage Initiated by Analysts at Citigroup
Tanger Factory Outlet Centers  Upgraded to “Hold” at Zacks Investment Research
Tanger Factory Outlet Centers Upgraded to “Hold” at Zacks Investment Research
Sterling Bancorp  Coverage Initiated at B. Riley
Sterling Bancorp Coverage Initiated at B. Riley
Restoration Hardware  Upgraded by ValuEngine to “Hold”
Restoration Hardware Upgraded by ValuEngine to “Hold”


© 2006-2019 Ticker Report