Iberiabank Corp Decreased Its Dover Corp (DOV) Stake

April 16, 2018 - By Anthony Romero

Dover Corporation (NYSE:DOV) Corporate LogoBig Money Sentiment decreased to 0.99 in Q4 2017. It has change of 0.05, from 2017Q3’s 1.04. The ratio dived due to DOV positioning: 39 sold and 192 reduced. 71 funds amassed stakes and 157 increased stakes. Investors holded 130.20 million in 2017Q3 but now own 132.15 million shares or 1.50% more. Da Davidson & holds 0.01% or 4,749 shs in its capital. Alliancebernstein Limited Partnership invested in 1.64 million shs or 0.12% of the stock. State Of Tennessee Treasury Department stated it has 80,302 shs. Kcm Invest Advsr Ltd Llc owns 9,097 shs or 0.05% of their US capital. 106,811 are owned by Fmr. Jolley Asset Management Ltd Limited Liability Company owns 69 shs or 0% of their US capital. Benjamin F Edwards owns 1,775 shs. Delta Asset Limited Liability Co Tn stated it has 700 shs or 0.01% of all its holdings. Arrowstreet Ltd Partnership reported 7,700 shs or 0% of all its holdings. 605,813 are owned by Schwab Charles Invest Mngmt Inc. Aperio Grp Lc invested in 108,887 shs or 0.06% of the stock. Twin Management Inc holds 127,250 shs or 0.63% of its capital. Cincinnati Casualty Company has invested 7.71% of its capital in Dover Corporation (NYSE:DOV). Livingston Gp Asset Mgmt Com (Operating As Southport Cap Management) has 24,744 shs for 0.95% of their capital. 7,000 are owned by Supplemental Annuity Collective Of Nj.

DOV registered $7.26 million net activity with 1 insider buy and 8 insider sales since October 23, 2017. On Thursday, October 26 the insider STUBBS MICHAEL B sold $818,048. Burns Patrick had bought 635 shs worth $61,908. On Friday, March 9 the insider Goldberg Paul sold $336,600. 5,363 shs were sold by Kosinski Anthony K, worth $549,708 on Friday, March 9. 6,554 Dover Corporation (NYSE:DOV) shs with value of $624,203 were sold by Spurgeon William.

Based on the latest 2017Q4 regulatory filing with the SEC, Iberiabank Corp reduced its stake in Dover Corp (DOV) by 90.91%. 33,529 shares were sold by Iberiabank Corp as the company’s stock declined 2.34% with the market. The institutional investor is holding 3,353 shares, compared to the 36,882 from the previous quarter. And the reported value of the industrial machinery and components company is $339,000 for the 2017Q4. Iberiabank Corp has risen its stake in and also increased its holding in United Technologies Corp (NYSE:UTX) by 29,634 shares in the quarter, for a total of 44,793 shares.

Analysts await Dover Corporation (NYSE:DOV) to report earnings on April, 19. They expect $1.16 EPS, up 65.71 % or $0.46 from last year’s $0.7 per share. DOV’s profit will be $179.31M for 20.38 P/E if the $1.16 EPS becomes a reality. After $1.13 actual EPS reported by Dover Corporation for the previous quarter, Wall Street now forecasts 2.65 % EPS growth.

Dover Corporation (NYSE:DOV) Ratings Coverage

Total analysts of 11 have positions in Dover Corp (NYSE:DOV) as follows: 4 rated it a “Buy”, 0 with “Sell” and 7 with “Hold”. The positive are 36%. Since October 20, 2017 according to StockzIntelligence Inc Dover Corp has 18 analyst reports. On Wednesday, January 17 the rating was maintained by RBC Capital Markets with “Hold”. On Thursday, February 1 the stock of Dover Corporation (NYSE:DOV) earned “Hold” rating by Seaport Global. On Wednesday, January 31 BMO Capital Markets maintained Dover Corporation (NYSE:DOV) with “Buy” rating. On Tuesday, January 16 Stifel Nicolaus maintained the shares of DOV in report with “Hold” rating. On Friday, January 12 the firm has “Hold” rating by Susquehanna given. The company rating was maintained by Morgan Stanley on Thursday, February 1. On Friday, October 20 SunTrust maintained the shares of DOV in report with “Hold” rating. On Wednesday, January 3 RBC Capital Markets maintained the shares of DOV in report with “Hold” rating. The company rating was maintained by Susquehanna on Wednesday, January 31. On Sunday, December 10 the rating was maintained by Stifel Nicolaus with “Hold”.

Dover Corporation (NYSE:DOV) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: