Douglas Dynamics, Inc. (NYSE:PLOW) Holdings Lifted by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. raised its position in shares of Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) by 67.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,498 shares of the auto parts company's stock after purchasing an additional 19,149 shares during the period. Epoch Investment Partners Inc. owned 0.21% of Douglas Dynamics worth $1,122,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its position in Douglas Dynamics by 0.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,440,641 shares of the auto parts company's stock valued at $57,819,000 after buying an additional 20,233 shares in the last quarter. Pzena Investment Management LLC increased its stake in shares of Douglas Dynamics by 3.3% during the fourth quarter. Pzena Investment Management LLC now owns 1,679,041 shares of the auto parts company's stock valued at $39,676,000 after acquiring an additional 54,221 shares during the period. Geode Capital Management LLC raised its holdings in Douglas Dynamics by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 521,052 shares of the auto parts company's stock worth $12,316,000 after purchasing an additional 4,595 shares in the last quarter. Harbor Capital Advisors Inc. raised its holdings in Douglas Dynamics by 0.7% during the fourth quarter. Harbor Capital Advisors Inc. now owns 355,977 shares of the auto parts company's stock worth $8,412,000 after purchasing an additional 2,445 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Douglas Dynamics by 19.7% in the fourth 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 period. Institutional investors own 91.85% of the company's stock.

Douglas Dynamics Trading Down 1.4 %

NYSE PLOW traded down $0.34 on Friday, hitting $23.88. 130,758 shares of the company were exchanged, compared to its average volume of 188,794. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.14 and a quick ratio of 1.13. Douglas Dynamics, Inc. has a twelve month low of $21.30 and a twelve month high of $30.98. The firm has a market capitalization of $551.58 million, a P/E ratio of 10.38, a price-to-earnings-growth ratio of 1.14 and a beta of 1.17. The company's 50 day moving average price is $24.24 and its 200-day moving average price is $24.80.

Douglas Dynamics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 18th were given a $0.295 dividend. The ex-dividend date was Tuesday, March 18th. This represents a $1.18 annualized dividend and a dividend yield of 4.94%. Douglas Dynamics's dividend payout ratio (DPR) is presently 50.43%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on PLOW. DA Davidson reiterated a "buy" rating and set a $32.00 price target on shares of Douglas Dynamics in a research report on Tuesday, February 25th. StockNews.com raised Douglas Dynamics from a "hold" rating to a "buy" rating in a report 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.