95,352 Shares in Douglas Dynamics, Inc. (NYSE:PLOW) Purchased by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC purchased a new stake in shares of Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 95,352 shares of the auto parts company's stock, valued at approximately $2,253,000. Keeley Teton Advisors LLC owned approximately 0.41% of Douglas Dynamics as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Jane Street Group LLC lifted its holdings in shares of Douglas Dynamics by 109.6% in the third quarter. Jane Street Group LLC now owns 66,695 shares of the auto parts company's stock valued at $1,839,000 after buying an additional 34,873 shares during the period. Victory Capital Management Inc. lifted its holdings in Douglas Dynamics by 290.6% in the 4th quarter. Victory Capital Management Inc. now owns 29,300 shares of the auto parts company's stock valued at $692,000 after acquiring an additional 21,799 shares during the last quarter. Barclays PLC boosted its position in shares of Douglas Dynamics by 132.0% during the 3rd quarter. Barclays PLC now owns 54,116 shares of the auto parts company's stock valued at $1,494,000 after purchasing an additional 30,795 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Douglas Dynamics by 19.7% in the 4th quarter. Bank of New York Mellon Corp now owns 296,867 shares of the auto parts company's stock worth $7,015,000 after purchasing an additional 48,936 shares during the last quarter. Finally, Cornercap Investment Counsel Inc. acquired a new position in shares of Douglas Dynamics in the 4th quarter worth approximately $412,000. 91.85% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on PLOW shares. DA Davidson restated a "buy" rating and set a $32.00 target price on shares of Douglas Dynamics in a report on Tuesday, February 25th. StockNews.com raised Douglas Dynamics from a "hold" rating to a "buy" rating in a research note on Wednesday, February 26th.

Douglas Dynamics Trading Down 1.1 %

Shares of PLOW traded down $0.26 during midday trading on Monday, hitting $23.39. The stock had a trading volume of 30,619 shares, compared to its average volume of 188,667. The business has a 50-day simple moving average of $24.44 and a two-hundred day simple moving average of $24.87. The firm has a market cap of $540.26 million, a P/E ratio of 10.17, a price-to-earnings-growth ratio of 1.14 and a beta of 1.17. The company has a current ratio of 2.14, a quick ratio of 1.13 and a debt-to-equity ratio of 0.56. Douglas Dynamics, Inc. has a fifty-two week low of $21.30 and a fifty-two week high of $30.98.

Douglas Dynamics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 18th were given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a yield of 5.04%. The ex-dividend date was Tuesday, March 18th. Douglas Dynamics's payout ratio is 50.43%.

About Douglas Dynamics

Douglas Dynamics, Inc operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories.