Douglas Dynamics, Inc. (NYSE:PLOW) CEO James L. Janik sold 25,000 shares of the stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $37.47, for a total transaction of $936,750.00. Following the completion of the sale, the chief executive officer now directly owns 297,790 shares of the company’s stock, valued at approximately $11,158,191.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Douglas Dynamics, Inc. (NYSE:PLOW) traded down $0.75 during mid-day trading on Thursday, hitting $36.50. 47,491 shares of the stock were exchanged, compared to its average volume of 97,624. Douglas Dynamics, Inc. has a twelve month low of $28.55 and a twelve month high of $42.60. The company has a debt-to-equity ratio of 1.35, a current ratio of 2.97 and a quick ratio of 1.76. The firm has a market capitalization of $841.51, a P/E ratio of 27.80, a P/E/G ratio of 1.76 and a beta of 1.12.

Douglas Dynamics (NYSE:PLOW) last released its quarterly earnings results on Monday, November 6th. The auto parts company reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.05). Douglas Dynamics had a return on equity of 13.98% and a net margin of 6.59%. The company had revenue of $125.30 million for the quarter, compared to analyst estimates of $133.53 million. During the same period in the previous year, the business posted $0.32 EPS. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. research analysts forecast that Douglas Dynamics, Inc. will post 1.41 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Tuesday, December 19th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Monday, December 18th. Douglas Dynamics’s payout ratio is currently 71.64%.

Several analysts have issued reports on PLOW shares. BidaskClub raised shares of Douglas Dynamics from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. Zacks Investment Research downgraded shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. Finally, ValuEngine downgraded shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $40.00.

Several hedge funds have recently added to or reduced their stakes in PLOW. Conestoga Capital Advisors LLC acquired a new stake in shares of Douglas Dynamics during the third quarter worth approximately $22,356,000. Westwood Holdings Group Inc. grew its position in shares of Douglas Dynamics by 336.5% during the second quarter. Westwood Holdings Group Inc. now owns 630,684 shares of the auto parts company’s stock worth $20,749,000 after buying an additional 486,195 shares in the last quarter. Uniplan Investment Counsel Inc. boosted its holdings in Douglas Dynamics by 148.5% in the second quarter. Uniplan Investment Counsel Inc. now owns 565,102 shares of the auto parts company’s stock worth $18,591,000 after purchasing an additional 337,722 shares during the period. RK Capital Management LLC acquired a new position in Douglas Dynamics in the second quarter worth $9,344,000. Finally, William Blair Investment Management LLC boosted its holdings in Douglas Dynamics by 75.7% in the second quarter. William Blair Investment Management LLC now owns 347,427 shares of the auto parts company’s stock worth $11,430,000 after purchasing an additional 149,711 shares during the period. 90.27% of the stock is owned by institutional investors and hedge funds.

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Douglas Dynamics Company Profile

Douglas Dynamics, Inc is a manufacturer and up-fitter of commercial vehicle attachments and equipment. The Company’s portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand.

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