New Amsterdam Partners LLC NY decreased its position in Dorman Products, Inc. (NASDAQ:DORM) by 2.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,065 shares of the auto parts company’s stock after selling 1,223 shares during the period. New Amsterdam Partners LLC NY owned 0.18% of Dorman Products worth $4,972,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Rhumbline Advisers increased its position in Dorman Products by 0.3% in the second quarter. Rhumbline Advisers now owns 56,164 shares of the auto parts company’s stock worth $4,649,000 after buying an additional 149 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in Dorman Products by 3.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 158,515 shares of the auto parts company’s stock worth $13,121,000 after buying an additional 5,579 shares in the last quarter. Sei Investments Co. increased its position in Dorman Products by 35.6% in the second quarter. Sei Investments Co. now owns 14,769 shares of the auto parts company’s stock worth $1,222,000 after buying an additional 3,880 shares in the last quarter. Moody Aldrich Partners LLC increased its position in Dorman Products by 37.6% in the second quarter. Moody Aldrich Partners LLC now owns 7,405 shares of the auto parts company’s stock worth $613,000 after buying an additional 2,025 shares in the last quarter. Finally, Lebenthal Lisanti Capital Growth LLC increased its position in Dorman Products by 27.7% in the second quarter. Lebenthal Lisanti Capital Growth LLC now owns 14,973 shares of the auto parts company’s stock worth $1,239,000 after buying an additional 3,244 shares in the last quarter. 76.59% of the stock is currently owned by institutional investors.

Shares of Dorman Products, Inc. (DORM) opened at 74.17 on Friday. The stock has a 50 day moving average of $77.39 and a 200 day moving average of $78.45. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 22.54 and a beta of 0.61. Dorman Products, Inc. has a 52-week low of $60.00 and a 52-week high of $88.50.

Dorman Products (NASDAQ:DORM) last posted its earnings results on Tuesday, August 1st. The auto parts company reported $0.83 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.84 by $0.01. The business had revenue of $229.26 million during the quarter, compared to analyst estimates of $225.91 million. Dorman Products had a net margin of 12.66% and a return on equity of 18.64%. Dorman Products’s revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.75 earnings per share. Equities analysts predict that Dorman Products, Inc. will post $3.45 EPS for the current fiscal year.

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A number of equities analysts have weighed in on the stock. BidaskClub raised shares of Dorman Products from a “sell” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research downgraded shares of Dorman Products from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. FBR & Co reaffirmed a “mkt perform” rating and set a $74.50 price target on shares of Dorman Products in a research note on Tuesday, July 18th. Finally, B. Riley reaffirmed a “neutral” rating and set a $74.50 price target on shares of Dorman Products in a research note on Saturday, May 13th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $81.25.

Dorman Products Company Profile

Dorman Products, Inc is a supplier of replacement parts and fasteners for passenger cars, light trucks and heavy duty trucks in the automotive aftermarket. As of December 31, 2016, the Company distributed and marketed approximately 155,000 different stock keeping units (SKU’s) of automotive replacement parts and fasteners.

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Institutional Ownership by Quarter for Dorman Products (NASDAQ:DORM)

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