Roundview Capital LLC purchased a new position in Dana Inc (NYSE:DAN) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 12,030 shares of the auto parts company’s stock, valued at approximately $385,000.

A number of other large investors have also modified their holdings of the stock. KBC Group NV increased its holdings in Dana by 107.9% in the 4th quarter. KBC Group NV now owns 6,707 shares of the auto parts company’s stock worth $215,000 after buying an additional 3,481 shares during the period. Swiss National Bank increased its holdings in Dana by 2.7% in the 4th quarter. Swiss National Bank now owns 246,500 shares of the auto parts company’s stock worth $7,890,000 after buying an additional 6,500 shares during the period. Teacher Retirement System of Texas increased its holdings in Dana by 312.8% in the 4th quarter. Teacher Retirement System of Texas now owns 49,306 shares of the auto parts company’s stock worth $1,578,000 after buying an additional 37,361 shares during the period. ING Groep NV increased its holdings in Dana by 23.4% in the 4th quarter. ING Groep NV now owns 21,860 shares of the auto parts company’s stock worth $700,000 after buying an additional 4,140 shares during the period. Finally, Alps Advisors Inc. increased its holdings in Dana by 113.4% in the 4th quarter. Alps Advisors Inc. now owns 40,292 shares of the auto parts company’s stock worth $1,290,000 after buying an additional 21,412 shares during the period. Institutional investors own 96.71% of the company’s stock.

In other news, CEO James Kevin Kamsickas sold 57,003 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $31.01, for a total transaction of $1,767,663.03. Following the transaction, the chief executive officer now owns 96,312 shares in the company, valued at approximately $2,986,635.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Virginia A. Kamsky sold 7,323 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $32.14, for a total value of $235,361.22. Following the transaction, the director now owns 35,448 shares in the company, valued at approximately $1,139,298.72. The disclosure for this sale can be found here. In the last 90 days, insiders sold 150,533 shares of company stock worth $4,873,626. Insiders own 1.60% of the company’s stock.

DAN has been the topic of several research reports. FBR & Co reiterated a “neutral” rating and issued a $25.00 price target (up previously from $17.00) on shares of Dana in a report on Friday, October 27th. Zacks Investment Research upgraded shares of Dana from a “hold” rating to a “strong-buy” rating and set a $34.00 price target on the stock in a report on Monday, October 23rd. Barclays set a $28.00 price target on shares of Dana and gave the stock a “hold” rating in a report on Friday, October 20th. ValuEngine downgraded shares of Dana from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Finally, Deutsche Bank upped their price objective on Dana from $24.00 to $30.00 and gave the stock a “hold” rating in a research report on Friday, November 17th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $29.40.

Shares of Dana Inc (NYSE:DAN) opened at $30.24 on Tuesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.72 and a quick ratio of 1.17. Dana Inc has a 52-week low of $17.53 and a 52-week high of $35.27. The company has a market capitalization of $4,249.07, a P/E ratio of 11.78 and a beta of 1.66.

Dana declared that its Board of Directors has initiated a share repurchase plan on Wednesday, January 17th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the auto parts company to buy shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

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Dana Company Profile

Dana Incorporated, formerly Dana Holding Corporation, is a global provider of technology driveline, sealing and thermal-management products. The Company operates in four segments: Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies.

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Institutional Ownership by Quarter for Dana (NYSE:DAN)

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