Jane Street Group LLC decreased its holdings in shares of Gardner Denver Holdings Inc (NYSE:GDI) by 54.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,566 shares of the company’s stock after selling 29,594 shares during the quarter. Jane Street Group LLC’s holdings in Gardner Denver were worth $502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of GDI. BlackRock Inc. raised its holdings in Gardner Denver by 23.1% during the 4th quarter. BlackRock Inc. now owns 5,216,647 shares of the company’s stock valued at $106,680,000 after acquiring an additional 978,623 shares during the period. Vanguard Group Inc raised its holdings in Gardner Denver by 7.3% during the 3rd quarter. Vanguard Group Inc now owns 9,457,710 shares of the company’s stock valued at $268,031,000 after acquiring an additional 646,428 shares during the period. Vanguard Group Inc. raised its holdings in Gardner Denver by 7.3% during the 3rd quarter. Vanguard Group Inc. now owns 9,457,710 shares of the company’s stock valued at $268,031,000 after acquiring an additional 646,428 shares during the period. Dimensional Fund Advisors LP raised its holdings in Gardner Denver by 103.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 859,431 shares of the company’s stock valued at $17,576,000 after acquiring an additional 437,169 shares during the period. Finally, Penn Capital Management Co. Inc. bought a new stake in Gardner Denver during the 3rd quarter valued at $10,618,000. 98.37% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of Gardner Denver from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Monday, April 1st. ValuEngine raised shares of Gardner Denver from a “sell” rating to a “hold” rating in a report on Monday, April 1st. Stifel Nicolaus reaffirmed a “hold” rating and issued a $25.00 price target on shares of Gardner Denver in a report on Wednesday, February 20th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $34.00 price target on shares of Gardner Denver in a report on Wednesday, February 20th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $32.00 price target on shares of Gardner Denver in a report on Wednesday, February 20th. Six research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Gardner Denver currently has an average rating of “Buy” and a consensus price target of $30.38.

Gardner Denver stock opened at $28.01 on Thursday. The firm has a market capitalization of $5.58 billion, a PE ratio of 21.71 and a beta of 1.60. Gardner Denver Holdings Inc has a fifty-two week low of $18.70 and a fifty-two week high of $35.28. The company has a current ratio of 2.23, a quick ratio of 1.35 and a debt-to-equity ratio of 0.99.

Gardner Denver (NYSE:GDI) last released its quarterly earnings results on Tuesday, February 19th. The company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.12. The firm had revenue of $712.70 million for the quarter, compared to analysts’ expectations of $726.41 million. Gardner Denver had a net margin of 10.02% and a return on equity of 18.95%. The company’s revenue was up 7.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Gardner Denver Holdings Inc will post 1.32 earnings per share for the current year.

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About Gardner Denver

Gardner Denver Holdings, Inc provides mission-critical flow control and compression equipment; and associated aftermarket parts, consumables, and services in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Industrials, Energy, and Medical.

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

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