9,250 Shares in Douglas Dynamics, Inc. (NYSE:PLOW) Bought by Quantbot Technologies LP

Quantbot Technologies LP bought a new position in shares of Douglas Dynamics, Inc. (NYSE:PLOW) during the fourth quarter, Holdings Channel reports. The institutional investor bought 9,250 shares of the auto parts company’s stock, valued at approximately $219,000.

A number of other large investors also recently modified their holdings of PLOW. US Bancorp DE raised its stake in Douglas Dynamics by 15.6% during the fourth quarter. US Bancorp DE now owns 3,052 shares of the auto parts company’s stock worth $72,000 after acquiring an additional 413 shares during the period. FMR LLC raised its position in shares of Douglas Dynamics by 88.6% during the 3rd quarter. FMR LLC now owns 2,616 shares of the auto parts company’s stock worth $72,000 after purchasing an additional 1,229 shares during the period. R Squared Ltd bought a new stake in shares of Douglas Dynamics in the 4th quarter worth approximately $49,000. Harbor Capital Advisors Inc. boosted its position in Douglas Dynamics by 0.7% during the 4th quarter. Harbor Capital Advisors Inc. now owns 355,977 shares of the auto parts company’s stock valued at $8,412,000 after purchasing an additional 2,445 shares during the period. Finally, Versor Investments LP grew its stake in Douglas Dynamics by 15.5% during the 4th quarter. Versor Investments LP now owns 22,400 shares of the auto parts company’s stock worth $529,000 after buying an additional 3,000 shares during the last quarter. 91.85% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. DA Davidson reiterated a “buy” rating and issued a $32.00 target price on shares of Douglas Dynamics in a research note on Tuesday, February 25th. StockNews.com raised shares of Douglas Dynamics from a “hold” rating to a “buy” rating in a research note on Wednesday, February 26th.

Douglas Dynamics Stock Down 2.8 %

PLOW opened at $23.22 on Friday. The stock’s 50 day moving average price is $25.37 and its 200 day moving average price is $25.44. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.14 and a quick ratio of 1.13. The stock has a market cap of $536.34 million, a P/E ratio of 10.10, a P/E/G ratio of 1.14 and a beta of 1.17. Douglas Dynamics, Inc. has a 12 month low of $21.31 and a 12 month high of $30.98.

Douglas Dynamics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date is Tuesday, March 18th. Douglas Dynamics’s dividend payout ratio (DPR) is 50.43%.

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.