Gardner Denver Holdings, Inc. (NYSE:GDI) was the recipient of some unusual options trading activity on Thursday. Stock traders purchased 757 put options on the company. This represents an increase of Infinity compared to the average daily volume of 0 put options.

A number of hedge funds have recently made changes to their positions in GDI. Advisor Group Inc. lifted its position in Gardner Denver Holdings by 145.5% during the third quarter. Advisor Group Inc. now owns 5,837 shares of the company’s stock valued at $160,000 after buying an additional 3,459 shares in the last quarter. Engineers Gate Manager LP acquired a new position in Gardner Denver Holdings during the second quarter valued at approximately $201,000. Pacad Investment Ltd. acquired a new position in Gardner Denver Holdings during the second quarter valued at approximately $211,000. CNH Partners LLC acquired a new position in Gardner Denver Holdings during the second quarter valued at approximately $216,000. Finally, Amalgamated Bank acquired a new position in Gardner Denver Holdings during the third quarter valued at approximately $223,000. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Gardner Denver Holdings (NYSE:GDI) opened at $30.05 on Friday. The company has a quick ratio of 1.60, a current ratio of 2.51 and a debt-to-equity ratio of 1.58. Gardner Denver Holdings has a 12-month low of $19.91 and a 12-month high of $30.66.

A number of equities research analysts recently issued reports on GDI shares. UBS AG boosted their target price on shares of Gardner Denver Holdings from $28.00 to $33.00 and gave the company a “buy” rating in a report on Friday, October 27th. Stifel Nicolaus restated a “buy” rating and issued a $28.00 target price on shares of Gardner Denver Holdings in a report on Thursday, September 7th. Zacks Investment Research downgraded shares of Gardner Denver Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Citigroup Inc. restated a “buy” rating and issued a $32.00 target price (up from $28.00) on shares of Gardner Denver Holdings in a report on Monday, October 9th. Finally, Robert W. Baird restated a “buy” rating and issued a $30.00 target price on shares of Gardner Denver Holdings in a report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and ten have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $30.20.

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About Gardner Denver Holdings

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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