DekaBank Deutsche Girozentrale acquired a new position in Gardner Denver Holdings, Inc. (NYSE:GDI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 356,500 shares of the company’s stock, valued at approximately $7,640,000.

Other hedge funds also recently modified their holdings of the company. NGAM Advisors L.P. bought a new stake in shares of Gardner Denver Holdings during the second quarter worth about $302,000. Sei Investments Co. bought a new stake in shares of Gardner Denver Holdings during the second quarter worth about $622,000. Quantitative Systematic Strategies LLC bought a new stake in shares of Gardner Denver Holdings during the second quarter worth about $1,719,000. TD Asset Management Inc. bought a new stake in shares of Gardner Denver Holdings during the second quarter worth about $2,184,000. Finally, First Trust Advisors LP bought a new stake in shares of Gardner Denver Holdings during the second quarter worth about $3,151,000. 4.89% of the stock is currently owned by institutional investors and hedge funds.

Gardner Denver Holdings, Inc. (NYSE:GDI) opened at 22.59 on Tuesday. Gardner Denver Holdings, Inc. has a 52 week low of $19.91 and a 52 week high of $24.55. The firm has a 50-day moving average price of $22.53 and a 200-day moving average price of $22.55. The company’s market capitalization is $4.43 billion.

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A number of analysts recently issued reports on GDI shares. Stifel Nicolaus started coverage on Gardner Denver Holdings in a report on Tuesday, June 6th. They set a “buy” rating and a $27.00 price objective on the stock. UBS AG started coverage on Gardner Denver Holdings in a report on Tuesday, June 6th. They set a “buy” rating and a $28.00 price objective on the stock. Goldman Sachs Group, Inc. (The) initiated coverage on Gardner Denver Holdings in a report on Tuesday, June 6th. They set a “buy” rating and a $27.00 price objective on the stock. Citigroup Inc. initiated coverage on Gardner Denver Holdings in a research note on Tuesday, June 6th. They issued a “buy” rating and a $27.00 target price on the stock. Finally, Tigress Financial initiated coverage on Gardner Denver Holdings in a research note on Tuesday, June 6th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. Gardner Denver Holdings presently has a consensus rating of “Buy” and a consensus price target of $27.13.

In other Gardner Denver Holdings news, Director William P. Donnelly acquired 42,642 shares of the stock in a transaction dated Wednesday, May 24th. The shares were acquired at an average cost of $23.37 per share, for a total transaction of $996,543.54. Following the completion of the transaction, the director now directly owns 42,642 shares of the company’s stock, valued at $996,543.54. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.

About Gardner Denver Holdings

Gardner Denver Holdings, Inc is a global provider of mission-critical flow control and compression equipments and associated aftermarket parts, consumables and services. The Company operates through three business segments: Industry, Energy and Medical. Industry segment designs, manufactures, markets and services a range of air compression, vacuum and blower products.

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Institutional Ownership by Quarter for Gardner Denver Holdings (NYSE:GDI)

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