Universal Beteiligungs und Servicegesellschaft mbH Takes $2.97 Million Position in Donaldson Company, Inc. (NYSE:DCI)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Donaldson Company, Inc. (NYSE:DCI - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 44,240 shares of the industrial products company's stock, valued at approximately $2,967,000.

Several other large investors have also recently made changes to their positions in DCI. Impax Asset Management Group plc increased its position in shares of Donaldson by 27.5% in the 1st quarter. Impax Asset Management Group plc now owns 878,632 shares of the industrial products company's stock valued at $58,130,000 after purchasing an additional 189,580 shares during the last quarter. OneDigital Investment Advisors LLC boosted its holdings in shares of Donaldson by 22.5% in the first quarter. OneDigital Investment Advisors LLC now owns 3,697 shares of the industrial products company's stock valued at $248,000 after acquiring an additional 680 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Donaldson by 2.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 379,925 shares of the industrial products company's stock valued at $25,478,000 after purchasing an additional 7,663 shares during the period. GAMMA Investing LLC lifted its stake in shares of Donaldson by 162.5% in the first quarter. GAMMA Investing LLC now owns 2,428 shares of the industrial products company's stock valued at $163,000 after purchasing an additional 1,503 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its position in Donaldson by 78.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 5,555 shares of the industrial products company's stock worth $372,000 after acquiring an additional 2,435 shares during the last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Donaldson Stock Performance

Shares of DCI stock traded down $1.10 during trading hours on Friday, reaching $70.87. The stock had a trading volume of 527,117 shares, compared to its average volume of 489,260. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.94 and a quick ratio of 1.24. Donaldson Company, Inc. has a twelve month low of $57.45 and a twelve month high of $78.95. The firm has a 50-day simple moving average of $70.15 and a 200-day simple moving average of $68.61. The firm has a market capitalization of $8.26 billion, a PE ratio of 23.78, a price-to-earnings-growth ratio of 1.87 and a beta of 0.99.

Donaldson (NYSE:DCI - Get Free Report) last announced its earnings results on Tuesday, June 3rd. The industrial products company reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.04. Donaldson had a net margin of 9.94% and a return on equity of 28.86%. The firm had revenue of $940.10 million during the quarter, compared to analyst estimates of $936.02 million. During the same quarter in the prior year, the firm posted $0.92 EPS. Donaldson's revenue was up 1.3% compared to the same quarter last year. As a group, equities analysts forecast that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 27th. Shareholders of record on Tuesday, August 12th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Tuesday, August 12th. Donaldson's dividend payout ratio (DPR) is presently 40.27%.

Analysts Set New Price Targets

DCI has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Donaldson from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Robert W. Baird lifted their price target on shares of Donaldson from $76.00 to $78.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Stifel Nicolaus lowered their price target on shares of Donaldson from $70.00 to $63.00 and set a "hold" rating for the company in a report on Monday, April 14th. Finally, Morgan Stanley reiterated an "underweight" rating and set a $69.00 price target (up from $65.00) on shares of Donaldson in a report on Friday, June 6th.

About Donaldson

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.