Douglas Dynamics, Inc. (NYSE:PLOW) Stock Holdings Boosted by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. boosted its position in Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) by 3.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 367,673 shares of the auto parts company's stock after acquiring an additional 11,696 shares during the quarter. Harbor Capital Advisors Inc. owned 1.59% of Douglas Dynamics worth $8,541,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Rhumbline Advisers lifted its stake in shares of Douglas Dynamics by 3.9% in the 1st quarter. Rhumbline Advisers now owns 34,313 shares of the auto parts company's stock valued at $797,000 after purchasing an additional 1,286 shares in the last quarter. GAMMA Investing LLC raised its holdings in Douglas Dynamics by 3,811.8% in the first quarter. GAMMA Investing LLC now owns 13,613 shares of the auto parts company's stock valued at $316,000 after buying an additional 13,265 shares during the period. First Hawaiian Bank lifted its position in Douglas Dynamics by 53.6% during the first quarter. First Hawaiian Bank now owns 28,738 shares of the auto parts company's stock valued at $668,000 after buying an additional 10,030 shares in the last quarter. Wellington Management Group LLP lifted its position in Douglas Dynamics by 0.3% during the fourth quarter. Wellington Management Group LLP now owns 280,351 shares of the auto parts company's stock valued at $6,625,000 after buying an additional 750 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Douglas Dynamics by 9.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 68,780 shares of the auto parts company's stock worth $1,625,000 after buying an additional 5,879 shares during the period. Hedge funds and other institutional investors own 91.85% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on PLOW. 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. Wall Street Zen raised Douglas Dynamics from a "hold" rating to a "buy" rating in a research report on Wednesday, February 26th.

Insider Activity at Douglas Dynamics

In other Douglas Dynamics news, Director James L. Janik sold 15,650 shares of the firm's stock in a transaction dated 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 of the company's stock, valued at $1,164,345.36. This trade represents a 28.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.50% of the stock is owned by corporate insiders.

Douglas Dynamics Stock Up 1.5%

PLOW stock traded up $0.43 during trading on Tuesday, reaching $28.90. The stock had a trading volume of 178,032 shares, compared to its average volume of 190,209. The firm has a fifty day moving average price of $25.51 and a 200 day moving average price of $25.16. The company has a current ratio of 2.14, a quick ratio of 1.13 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $670.74 million, a P/E ratio of 12.57, a PEG ratio of 1.14 and a beta of 1.29. Douglas Dynamics, Inc. has a 1-year low of $21.30 and a 1-year high of $30.98.

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

Douglas Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th will be given a dividend of $0.295 per share. The ex-dividend date is Tuesday, June 17th. This represents a $1.18 annualized dividend and a dividend yield of 4.08%. Douglas Dynamics's payout ratio is 43.38%.

Douglas Dynamics Company Profile

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.