Federated Investors Inc. PA purchased a new position in Gardner Denver Holdings, Inc. (NYSE:GDI) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 238,258 shares of the company’s stock, valued at approximately $5,149,000. Federated Investors Inc. PA owned approximately 0.16% of Gardner Denver Holdings at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in GDI. NGAM Advisors L.P. bought a new position in Gardner Denver Holdings during the second quarter worth about $302,000. Sei Investments Co. bought a new position in Gardner Denver Holdings during the second quarter worth about $622,000. Rhumbline Advisers bought a new position in Gardner Denver Holdings during the second quarter worth about $1,008,000. Quantitative Systematic Strategies LLC bought a new position in Gardner Denver Holdings during the second quarter worth about $1,719,000. Finally, TD Asset Management Inc. bought a new position in Gardner Denver Holdings during the second quarter worth about $2,184,000. 98.52% of the stock is owned by institutional investors.

Shares of Gardner Denver Holdings, Inc. (NYSE GDI) opened at 23.70 on Friday. Gardner Denver Holdings, Inc. has a one year low of $19.91 and a one year high of $24.55. The stock’s market cap is $4.64 billion. The firm has a 50-day moving average of $23.03 and a 200-day moving average of $22.61.

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A number of research firms recently issued reports on GDI. Stifel Nicolaus began coverage on shares of Gardner Denver Holdings in a research note on Tuesday, June 6th. They issued a “buy” rating and a $27.00 price target for the company. UBS AG began coverage on shares of Gardner Denver Holdings in a research note on Tuesday, June 6th. They issued a “buy” rating and a $28.00 price target for the company. Citigroup Inc. began coverage on shares of Gardner Denver Holdings in a research note on Tuesday, June 6th. They issued a “buy” rating and a $27.00 price target for the company. Robert W. Baird began coverage on shares of Gardner Denver Holdings in a research note on Tuesday, June 6th. They issued an “outperform” rating and a $28.00 price target for the company. Finally, Piper Jaffray Companies began coverage on shares of Gardner Denver Holdings in a research note on Tuesday, June 6th. They issued an “overweight” rating and a $27.00 price target for the company. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $27.13.

Gardner Denver Holdings Company Profile

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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