American Century Companies Inc. cut its stake in Donaldson Company, Inc. (NYSE:DCI) by 23.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 949,678 shares of the industrial products company’s stock after selling 294,237 shares during the period. American Century Companies Inc.’s holdings in Donaldson were worth $46,487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the company. 1st Global Advisors Inc. grew its position in shares of Donaldson by 0.6% in the second quarter. 1st Global Advisors Inc. now owns 8,256 shares of the industrial products company’s stock valued at $376,000 after purchasing an additional 48 shares in the last quarter. Citigroup Inc. grew its position in shares of Donaldson by 3.9% in the second quarter. Citigroup Inc. now owns 8,088 shares of the industrial products company’s stock valued at $368,000 after purchasing an additional 305 shares in the last quarter. Advisory Services Network LLC grew its position in shares of Donaldson by 6.9% in the second quarter. Advisory Services Network LLC now owns 6,906 shares of the industrial products company’s stock valued at $314,000 after purchasing an additional 443 shares in the last quarter. Cubist Systematic Strategies LLC grew its position in shares of Donaldson by 7.5% in the second quarter. Cubist Systematic Strategies LLC now owns 8,524 shares of the industrial products company’s stock valued at $388,000 after purchasing an additional 598 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC grew its position in shares of Donaldson by 0.6% in the third quarter. Dorsey & Whitney Trust CO LLC now owns 168,300 shares of the industrial products company’s stock valued at $7,732,000 after purchasing an additional 1,086 shares in the last quarter. Institutional investors and hedge funds own 77.84% of the company’s stock.

A number of equities research analysts have recently issued reports on DCI shares. Zacks Investment Research lowered Donaldson from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. Oppenheimer restated a “hold” rating on shares of Donaldson in a research report on Friday, December 1st. Stifel Nicolaus restated a “hold” rating and issued a $53.00 price target (up from $50.00) on shares of Donaldson in a research report on Tuesday, January 16th. Jefferies Group restated a “buy” rating and issued a $57.00 price target on shares of Donaldson in a research report on Friday, December 1st. Finally, SunTrust Banks restated a “hold” rating and issued a $46.00 price target on shares of Donaldson in a research report on Friday, October 27th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $52.60.

In related news, insider Melissa A. Osland sold 1,453 shares of the stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $48.26, for a total value of $70,121.78. Following the completion of the transaction, the insider now directly owns 4,174 shares in the company, valued at $201,437.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.09% of the company’s stock.

Donaldson Company, Inc. (NYSE DCI) opened at $46.22 on Monday. The firm has a market capitalization of $6,000.00, a P/E ratio of 26.11, a P/E/G ratio of 2.09 and a beta of 1.10. Donaldson Company, Inc. has a 52-week low of $41.71 and a 52-week high of $52.20. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.90 and a quick ratio of 2.13.

Donaldson (NYSE:DCI) last issued its quarterly earnings data on Thursday, November 30th. The industrial products company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.04. The company had revenue of $644.80 million during the quarter, compared to analyst estimates of $602.02 million. Donaldson had a return on equity of 28.49% and a net margin of 9.57%. The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.05) earnings per share. analysts anticipate that Donaldson Company, Inc. will post 2 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 6th. Investors of record on Wednesday, February 14th will be given a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $0.72 annualized dividend and a yield of 1.56%. Donaldson’s payout ratio is 40.68%.

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Donaldson Company Profile

Donaldson Company, Inc is a manufacturer of filtration systems and replacement parts. The Company’s segments include Engine Products, Industrial Products and Corporate. The Company’s products are manufactured at approximately 44 plants around the world and through three joint ventures. The Company offers its products under the Ultra-Web, PowerCore and Donaldson brands.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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