Two Sigma Advisers LP Has $3.36 Million Stock Position in Douglas Dynamics, Inc. (NYSE:PLOW)

Two Sigma Advisers LP lessened its position in shares of Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) by 10.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 142,066 shares of the auto parts company's stock after selling 16,500 shares during the period. Two Sigma Advisers LP owned approximately 0.62% of Douglas Dynamics worth $3,357,000 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 PLOW. R Squared Ltd acquired a new position in shares of Douglas Dynamics during the fourth quarter worth $49,000. US Bancorp DE increased its stake in Douglas Dynamics by 15.6% during the 4th quarter. US Bancorp DE now owns 3,052 shares of the auto parts company's stock worth $72,000 after buying an additional 413 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in Douglas Dynamics during the 4th quarter worth $111,000. State of Wyoming acquired a new position in Douglas Dynamics in the 4th quarter worth $153,000. Finally, Aquatic Capital Management LLC lifted its holdings in Douglas Dynamics by 358.9% in the 4th quarter. Aquatic Capital Management LLC now owns 7,802 shares of the auto parts company's stock worth $184,000 after buying an additional 6,102 shares in the last quarter. 91.85% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Douglas Dynamics news, Director James L. Janik sold 15,650 shares of the company's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $29.01, for a total value of $454,006.50. Following the transaction, the director now owns 40,136 shares in the company, valued at approximately $1,164,345.36. This represents a 28.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.50% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Douglas Dynamics from a "hold" rating to a "buy" rating in a research note on Wednesday, February 26th. DA Davidson restated a "buy" rating and set a $32.00 price objective on shares of Douglas Dynamics in a research note on Tuesday, February 25th.

Douglas Dynamics Price Performance

Shares of NYSE PLOW traded down $0.16 during mid-day trading on Friday, reaching $27.59. 51,126 shares of the company traded hands, compared to its average volume of 198,639. Douglas Dynamics, Inc. has a fifty-two week low of $21.30 and a fifty-two week high of $30.98. The firm has a market cap of $640.22 million, a PE ratio of 12.00, a price-to-earnings-growth ratio of 1.14 and a beta of 1.25. The stock has a fifty day simple moving average of $24.93 and a 200-day simple moving average of $25.03. 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 (NYSE:PLOW - Get Free Report) last issued its quarterly earnings results 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. Douglas Dynamics had a return on equity of 12.68% and a net margin of 9.89%. The firm had revenue of $115.07 million for the quarter, compared to analysts' expectations of $107.80 million. During the same quarter last year, the business posted ($0.29) EPS. Douglas Dynamics's revenue was up 20.3% on a year-over-year basis. Equities research analysts anticipate that Douglas Dynamics, Inc. will post 1.3 EPS for the current fiscal year.

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.