Dana Inc (NYSE:DAN) Director Virginia A. Kamsky sold 7,323 shares of the stock in a transaction on Friday, December 8th. The shares were sold at an average price of $32.14, for a total value of $235,361.22. Following the completion of the transaction, the director now directly owns 35,448 shares in the company, valued at approximately $1,139,298.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Dana Inc (DAN) opened at $32.02 on Monday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.17 and a current ratio of 1.72. The stock has a market cap of $4,638.77, a PE ratio of 12.86 and a beta of 1.67. Dana Inc has a 1 year low of $17.53 and a 1 year high of $33.45.

Dana (NYSE:DAN) last posted its earnings results on Thursday, October 26th. The auto parts company reported $0.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.03. The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.71 billion. Dana had a net margin of 10.27% and a return on equity of 29.34%. Dana’s revenue for the quarter was up 32.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.49 earnings per share. equities research analysts anticipate that Dana Inc will post 2.45 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Friday, November 10th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.75%. Dana’s dividend payout ratio is currently 5.02%.

Several analysts have issued reports on DAN shares. Zacks Investment Research lowered shares of Dana from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Deutsche Bank upped their price target on shares of Dana from $24.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, November 17th. Royal Bank Of Canada restated a “buy” rating on shares of Dana in a research report on Friday, October 27th. Barclays upped their price target on shares of Dana from $28.00 to $30.00 and gave the company an “equal weight” rating in a research report on Friday, October 27th. Finally, FBR & Co restated a “neutral” rating and set a $25.00 price target (up from $17.00) on shares of Dana in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $28.00.

Institutional investors have recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of Dana by 47.3% during the second quarter. Royal Bank of Canada now owns 208,043 shares of the auto parts company’s stock worth $4,646,000 after purchasing an additional 66,827 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Dana by 3.3% during the second quarter. Vanguard Group Inc. now owns 12,122,567 shares of the auto parts company’s stock worth $270,696,000 after purchasing an additional 391,487 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Dana by 51.0% during the second quarter. SG Americas Securities LLC now owns 60,545 shares of the auto parts company’s stock worth $1,352,000 after purchasing an additional 20,451 shares during the period. Great West Life Assurance Co. Can boosted its holdings in shares of Dana by 1.1% during the second quarter. Great West Life Assurance Co. Can now owns 85,680 shares of the auto parts company’s stock worth $1,912,000 after purchasing an additional 942 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Dana by 14.2% during the second quarter. Goldman Sachs Group Inc. now owns 3,884,437 shares of the auto parts company’s stock worth $86,740,000 after purchasing an additional 481,611 shares during the period. Institutional investors own 96.49% of the company’s stock.

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Dana Company Profile

Dana Incorporated, formerly Dana Holding Corporation, is a global provider of technology driveline, sealing and thermal-management products. The Company operates in four segments: Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies.

Insider Buying and Selling by Quarter for Dana (NYSE:DAN)

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