Barings LLC Takes Position in Gardner Denver Holdings Inc (GDI)

Barings LLC acquired a new position in shares of Gardner Denver Holdings Inc (NYSE:GDI) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 19,300 shares of the company’s stock, valued at approximately $655,000.

A number of other large investors also recently bought and sold shares of GDI. Advisor Group Inc. raised its position in Gardner Denver by 145.5% during the third quarter. Advisor Group Inc. now owns 5,837 shares of the company’s stock worth $160,000 after acquiring an additional 3,459 shares during the period. SG Americas Securities LLC acquired a new position in Gardner Denver during the fourth quarter worth $171,000. State of Alaska Department of Revenue acquired a new position in Gardner Denver during the fourth quarter worth $176,000. Comerica Bank acquired a new position in Gardner Denver during the fourth quarter worth $208,000. Finally, CIBC Asset Management Inc acquired a new position in Gardner Denver during the fourth quarter worth $222,000.

A number of equities analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Gardner Denver from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research report on Friday, January 26th. UBS Group assumed coverage on shares of Gardner Denver in a research report on Tuesday, January 23rd. They set a “buy” rating and a $42.00 price objective for the company. Johnson Rice assumed coverage on shares of Gardner Denver in a research report on Tuesday, January 30th. They set an “accumulate” rating and a $40.00 price objective for the company. Stifel Nicolaus restated a “buy” rating and set a $41.00 price objective (up from $36.00) on shares of Gardner Denver in a research report on Tuesday, January 16th. Finally, Barclays assumed coverage on shares of Gardner Denver in a research report on Thursday, February 15th. They set an “equal weight” rating and a $35.00 price objective for the company. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Gardner Denver presently has an average rating of “Buy” and an average target price of $32.83.

Shares of Gardner Denver Holdings Inc (GDI) opened at $31.78 on Thursday. Gardner Denver Holdings Inc has a 1-year low of $19.91 and a 1-year high of $38.00. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.60 and a current ratio of 2.51.

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

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