Dimensional Fund Advisors LP Has $22.56 Million Position in Douglas Dynamics, Inc. (NYSE:PLOW)

Dimensional Fund Advisors LP grew its stake in Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 954,671 shares of the auto parts company's stock after purchasing an additional 44,063 shares during the quarter. Dimensional Fund Advisors LP owned approximately 4.13% of Douglas Dynamics worth $22,559,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Epoch Investment Partners Inc. raised its position in shares of Douglas Dynamics by 67.5% in the fourth quarter. Epoch Investment Partners Inc. now owns 47,498 shares of the auto parts company's stock valued at $1,122,000 after purchasing an additional 19,149 shares during the period. Keeley Teton Advisors LLC bought a new position in shares of Douglas Dynamics in the fourth quarter valued at about $2,253,000. Barclays PLC raised its position in shares of Douglas Dynamics by 15.0% in the fourth quarter. Barclays PLC now owns 62,227 shares of the auto parts company's stock valued at $1,470,000 after purchasing an additional 8,111 shares during the period. Ranger Investment Management L.P. bought a new position in shares of Douglas Dynamics in the fourth quarter valued at about $4,173,000. Finally, Russell Investments Group Ltd. raised its position in shares of Douglas Dynamics by 25,080.6% in the fourth quarter. Russell Investments Group Ltd. now owns 94,931 shares of the auto parts company's stock valued at $2,243,000 after purchasing an additional 94,554 shares during the period. 91.85% of the stock is owned by institutional investors.

Douglas Dynamics Price Performance

Shares of PLOW traded up $1.13 during mid-day trading on Monday, reaching $28.38. The company had a trading volume of 18,431 shares, compared to its average volume of 188,657. The company's 50 day simple moving average is $23.95 and its 200 day simple moving average is $24.67. Douglas Dynamics, Inc. has a 1-year low of $21.30 and a 1-year high of $30.98. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.13 and a current ratio of 2.14. The company has a market capitalization of $658.63 million, a price-to-earnings ratio of 12.37, a P/E/G ratio of 1.14 and a beta of 1.25.

Douglas Dynamics (NYSE:PLOW - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The auto parts company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of ($0.16) by $0.25. The business had revenue of $115.07 million for the quarter, compared to analyst estimates of $107.80 million. Douglas Dynamics had a return on equity of 12.68% and a net margin of 9.89%. Douglas Dynamics's quarterly revenue was up 20.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.29) EPS. Analysts expect that Douglas Dynamics, Inc. will post 1.3 EPS for the current year.

Douglas Dynamics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 18th were given a dividend of $0.295 per share. The ex-dividend date was Tuesday, March 18th. This represents a $1.18 annualized dividend and a yield of 4.16%. Douglas Dynamics's dividend payout ratio is presently 43.38%.

Wall Street Analysts Forecast Growth

PLOW has been the topic of several research reports. DA Davidson restated a "buy" rating and issued a $32.00 price target on shares of Douglas Dynamics in a research note on Tuesday, February 25th. StockNews.com upgraded shares of Douglas Dynamics from a "hold" rating to a "buy" rating in a research note on Wednesday, February 26th.

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.