Stifel Financial Corp reduced its stake in Gardner Denver Holdings Inc (NYSE:GDI) by 14.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 86,808 shares of the company’s stock after selling 15,145 shares during the period. Stifel Financial Corp’s holdings in Gardner Denver were worth $2,387,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in GDI. Sei Investments Co. purchased a new position in Gardner Denver in the second quarter valued at approximately $622,000. TD Asset Management Inc. purchased a new position in Gardner Denver in the second quarter valued at approximately $2,184,000. Schwab Charles Investment Management Inc. purchased a new position in Gardner Denver in the second quarter valued at approximately $3,491,000. First Trust Advisors LP purchased a new position in Gardner Denver in the second quarter valued at approximately $3,151,000. Finally, Rhumbline Advisers purchased a new position in Gardner Denver in the second quarter valued at approximately $1,008,000.

Several brokerages have commented on GDI. Zacks Investment Research upgraded shares of Gardner Denver from a “sell” rating to a “hold” rating in a research note on Monday. Tigress Financial reiterated a “buy” rating on shares of Gardner Denver in a research note on Monday. Citigroup increased their price target on shares of Gardner Denver to $36.00 and gave the company a “buy” rating in a research note on Friday, December 15th. Stifel Nicolaus increased their price target on shares of Gardner Denver from $34.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, November 22nd. Finally, UBS increased their price target on shares of Gardner Denver from $28.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Gardner Denver currently has a consensus rating of “Buy” and an average target price of $30.60.

In other news, major shareholder Fund Holdings L.P. Kkr sold 25,250,880 shares of the stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $26.43, for a total value of $667,380,758.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.37% of the stock is currently owned by corporate insiders.

Shares of Gardner Denver Holdings Inc (GDI) opened at $34.01 on Thursday. Gardner Denver Holdings Inc has a fifty-two week low of $19.91 and a fifty-two week high of $34.15. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.60 and a current ratio of 2.51.

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Gardner Denver 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 (NYSE:GDI)

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