Economy

Dover Corporation (DOV) Saw a New 52-Week High

Eads & Heald Investment Counsel sold 5,094 shares as Dover (DOV)'s stock rose 4.00%. The institutional investor held 14,316 shares of the industrial machinery and components company at the end of 2017Q2, valued at $1.15M, down from 19,410 at the end of the previous reported quarter. Mastercard Inc now has $152.83 billion valuation. FSB MO now owns 45,533 shares of the industrial products company's stock valued at $3,658,000 after buying an additional 4,171 shares during the last quarter. About 655,905 shares traded. It has outperformed by 12.98% the S&P500.

Eads & Heald Investment Counsel decreased its stake in Dover (DOV) by 26.24% based on its latest 2017Q2 regulatory filing with the SEC. The fund owned 242,635 shares of the industrial products company's stock after selling 10,592 shares during the period. William Blair has "Buy" rating and $68 target. The stock decreased 0.15% or $0.22 on October 6, reaching $143.52.

Dover Corp (NYSE:DOV) last issued its quarterly earnings results on Thursday, April 20th. It has outperformed by 2.32% the S&P500. Shares for $1.25 million were sold by Fincher C. Anderson on Friday, May 12. At the time of writing Dover Corporation (NYSE:DOV) has a price to book ratio of 3.597338.

CS Mckee LP trimmed its stake in shares of Dover Corporation (NYSE:DOV) by 1.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). DOV's profit would be $175.98M giving it 20.81 P/E if the $1.13 EPS is correct.

Analysts await Dover Corp (NYSE:DOV) to report earnings on October, 18.

Among 23 analysts covering Dover (NYSE:DOV), 14 have Buy rating, 0 Sell and 9 Hold.

Ratings analysis reveals 61% of Dover's analysts are positive. The ex-dividend date was set for Tuesday the 29th of August 2017. Nomura has "Neutral" rating and $180 target.

In other Dover Corporation news, Director Michael B. Stubbs sold 25,000 shares of the stock in a transaction that occurred on Friday, August 4th. The company was initiated on Thursday, January 21 by Citigroup. The firm has "Buy" rating by Evercore given on Monday, September 7.

Investors sentiment is 0.91 in Q2 2017. Its the same as in 2017Q1. It is the same, as 44 investors sold DOV shares while 185 reduced holdings. only 43 funds opened positions while 166 raised stakes.

Dover Corp (NYSE:DOV) traded down 0.60% during trading on Wednesday, hitting $80.70. UBS maintained FedEx Corporation (NYSE:FDX) on Friday, June 3 with "Buy" rating. Lenox Wealth holds 379 shares. Korea Investment holds 526,511 shares or 0.2% of its portfolio. D E Shaw Co holds 0.05% of its portfolio in Dover Corp (NYSE:DOV) for 400,237 shares. Moreover, Victory Mngmt Inc has 0% invested in Dover Corp (NYSE:DOV). The shares were sold at an average price of $87.04, for a total value of $2,176,000.00. Quantitative Systematic Strategies Lc stated it has 5,395 shares.

Federated Investors Incorporated Pa, a Pennsylvania-based fund reported 2,866 shares. Keating Inv Counselors holds 1.26% or 35,795 shares in its portfolio. 485.58 million shares or 0.21% less from 486.59 million shares in 2017Q1 were reported. 62,265 were reported by Com Financial Bank. Amalgamated National Bank & Trust invested in 0.05% or 17,492 shares. During the same period in the previous year, the company earned $0.76 earnings per share. HDS's profit will be $139.94M for 12.13 P/E if the $0.75 EPS becomes a reality. After having $1.04 EPS previously, Dover Corp's analysts see 8.65 % EPS growth. It also upped Pioneer Nat Res Co (NYSE:PXD) stake by 10,800 shares and now owns 46,500 shares. Pioneer Nat Res Co (NYSE:PXD) was raised too.

Investors sentiment decreased to 1.01 in Q2 2017. Its down 0.09, from 1.11 in 2017Q1. Peak6 Invs L P invested in 4,454 shares. 112 funds opened positions while 318 raised stakes. 189.62 million shares or 0.65% less from 190.86 million shares in 2017Q1 were reported. Aviva Public Lc holds 0.04% or 97,063 shares in its portfolio. Ameritas Invest Partners accumulated 28,174 shares. Psagot Invest House invested 0.14% in Mastercard Inc (NYSE:MA). Silvercrest Asset Management Gp Inc Limited Liability stated it has 25,021 shares or 0.02% of all its holdings. California-based Amer Assets Investment Mngmt Ltd Com has invested 0.05% in EOG Resources Inc (NYSE:EOG). Grandfield And Dodd Limited Liability Company invested 0.04% in EOG Resources Inc (NYSE:EOG). Daiwa Securities Group Inc. now owns 121,550 shares of the industrial products company's stock valued at $9,767,000 after buying an additional 110,800 shares during the last quarter. Capstone Asset Mgmt reported 0.03% stake. Rhumbline Advisers invested 0.02% in HD Supply Holdings Inc (NASDAQ:HDS). Ghp Advsrs stated it has 0.24% of its portfolio in Mastercard Inc (NYSE:MA). Therefore 67% are positive. EOG Resources had 89 analyst reports since July 22, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, May 10 by Bank of America. The company was upgraded on Friday, July 14 by JP Morgan. Wolfe Research downgraded the stock to "Peer Perform" rating in Monday, November 30 report. The firm has "Outperform" rating by Oppenheimer given on Wednesday, September 21. The stock of HD Supply Holdings Inc (NASDAQ:HDS) earned "Buy" rating by Goldman Sachs on Thursday, October 15.

Several equities research analysts have commented on DOV shares. As per Wednesday, June 7, the company rating was downgraded by Drexel Hamilton. As per Wednesday, December 9, the company rating was maintained by Susquehanna.



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