QRG Capital Management Inc. increased its position in shares of Dover Co. (NYSE:DOV – Free Report) by 75.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,725 shares of the industrial products company’s stock after acquiring an additional 23,451 shares during the quarter. QRG Capital Management Inc.’s holdings in Dover were worth $10,493,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. LRI Investments LLC acquired a new position in shares of Dover during the first quarter valued at $28,000. McClarren Financial Advisors Inc. lifted its stake in Dover by 4,400.0% in the second quarter. McClarren Financial Advisors Inc. now owns 180 shares of the industrial products company’s stock valued at $32,000 after buying an additional 176 shares during the period. Fairscale Capital LLC acquired a new position in Dover in the second quarter valued at about $34,000. Ashton Thomas Private Wealth LLC acquired a new position in Dover in the second quarter valued at about $41,000. Finally, Transcendent Capital Group LLC lifted its stake in Dover by 208.0% in the first quarter. Transcendent Capital Group LLC now owns 231 shares of the industrial products company’s stock valued at $41,000 after buying an additional 156 shares during the period. Institutional investors and hedge funds own 84.46% of the company’s stock.
Insider Buying and Selling
In other Dover news, SVP Ivonne M. Cabrera sold 1,220 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $185.00, for a total value of $225,700.00. Following the completion of the transaction, the senior vice president now directly owns 47,060 shares in the company, valued at $8,706,100. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Dover news, SVP Ivonne M. Cabrera sold 1,220 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $185.00, for a total value of $225,700.00. Following the completion of the transaction, the senior vice president now directly owns 47,060 shares in the company, valued at $8,706,100. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Richard J. Tobin sold 25,004 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $181.96, for a total value of $4,549,727.84. Following the completion of the transaction, the chief executive officer now owns 182,928 shares of the company’s stock, valued at approximately $33,285,578.88. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 41,042 shares of company stock worth $7,368,578. 1.30% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on DOV
Dover Stock Up 0.0 %
NYSE:DOV opened at $189.16 on Tuesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.06 and a current ratio of 1.57. The company has a market cap of $25.95 billion, a PE ratio of 16.92, a PEG ratio of 2.54 and a beta of 1.22. Dover Co. has a 52-week low of $129.63 and a 52-week high of $195.68. The stock has a 50-day simple moving average of $187.71 and a 200 day simple moving average of $182.98.
About Dover
Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market.
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