Amalgamated Bank lifted its stake in shares of Gardner Denver Holdings Inc (NYSE:GDI) by 60.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,984 shares of the company’s stock after acquiring an additional 4,867 shares during the quarter. Amalgamated Bank’s holdings in Gardner Denver were worth $441,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. California Public Employees Retirement System boosted its stake in shares of Gardner Denver by 11.0% during the 4th quarter. California Public Employees Retirement System now owns 22,200 shares of the company’s stock worth $753,000 after acquiring an additional 2,200 shares in the last quarter. Advisor Group Inc. boosted its stake in shares of Gardner Denver by 145.5% during the 3rd quarter. Advisor Group Inc. now owns 5,837 shares of the company’s stock worth $160,000 after acquiring an additional 3,459 shares in the last quarter. State of Wisconsin Investment Board boosted its stake in shares of Gardner Denver by 52.7% during the 4th quarter. State of Wisconsin Investment Board now owns 13,387 shares of the company’s stock worth $454,000 after acquiring an additional 4,618 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Gardner Denver during the 4th quarter worth $171,000. Finally, State of Alaska Department of Revenue bought a new stake in shares of Gardner Denver during the 4th quarter worth $176,000.
GDI has been the subject of several recent analyst reports. Zacks Investment Research raised Gardner Denver from a “sell” rating to a “buy” rating and set a $38.00 target price for the company in a research report on Tuesday, December 26th. Citigroup raised their target price on Gardner Denver to $36.00 and gave the stock a “buy” rating in a research report on Friday, December 15th. Tigress Financial reaffirmed a “buy” rating on shares of Gardner Denver in a research report on Monday, December 18th. Stifel Nicolaus raised their target price on Gardner Denver from $34.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, November 22nd. Finally, Barclays reaffirmed an “equal weight” rating and issued a $33.00 target price (down previously from $35.00) on shares of Gardner Denver in a research report on Tuesday, February 20th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $32.83.
Shares of Gardner Denver Holdings Inc (GDI) opened at $32.96 on Friday. Gardner Denver Holdings Inc has a 12-month low of $19.91 and a 12-month high of $38.00. 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 (NYSE:GDI) last released its quarterly earnings data on Thursday, February 15th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.28. The firm had revenue of $665.00 million for the quarter, compared to analyst estimates of $654.94 million. sell-side analysts predict that Gardner Denver Holdings Inc will post 1.26 earnings per share for the current fiscal year.
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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