Short Interest Coverage: A Reversal for Donaldson Incorporated (NYSE:DCI) Is Not Near. The Stock Has Rise in Shorts

December 1, 2016 - By Winifred Garcia   ·   0 Comments

Short Interest Coverage: A Reversal for Donaldson Incorporated (NYSE:DCI) Is Not Near. The Stock Has Rise in Shorts

The stock of Donaldson Incorporated (NYSE:DCI) registered an increase of 3.41% in short interest. DCI’s total short interest was 7.22 million shares in December as published by FINRA. Its up 3.41% from 6.98M shares, reported previously. With 493,100 shares average volume, it will take short sellers 15 days to cover their DCI’s short positions. The short interest to Donaldson Incorporated’s float is 5.48%. The stock increased 1.32% or $0.53 during the last trading session, hitting $40.56. Donaldson Company, Inc. (NYSE:DCI) has risen 23.66% since April 28, 2016 and is uptrending. It has outperformed by 17.73% the S&P500.

Donaldson Company, Inc. is a manufacturer of filtration systems and replacement parts. The company has a market cap of $5.39 billion. The Company’s divisions include Engine Products, Industrial Products and Corporate. It has a 28.65 P/E ratio. The Company’s products are manufactured at approximately 42 plants around the world and through three joint ventures.

Insitutional Activity: The institutional sentiment increased to 1.28 in 2016 Q2. Its up 0.14, from 1.14 in 2016Q1. The ratio increased, as 18 funds sold all Donaldson Company, Inc. shares owned while 99 reduced positions. 39 funds bought stakes while 94 increased positions. They now own 107.30 million shares or 3.10% less from 110.73 million shares in 2016Q1.
Credit Agricole S A accumulated 42,529 shares or 0.01% of the stock. Perkins Invest Management owns 2.11M shares or 1.09% of their US portfolio. Gemmer Asset Mngmt Ltd Limited Liability Company accumulated 368 shares or 0.01% of the stock. California State Teachers Retirement System has 0.02% invested in the company for 269,050 shares. Guggenheim Capital Ltd Liability holds 0% of its portfolio in Donaldson Company, Inc. (NYSE:DCI) for 7,198 shares. Virginia Retirement Systems Et Al last reported 17,200 shares in the company. Paloma Prtn Communications accumulated 15,251 shares or 0.01% of the stock. Reliance Tru Of Delaware reported 25,499 shares or 0.07% of all its holdings. Moreover, Allen Investment Lc has 0.04% invested in Donaldson Company, Inc. (NYSE:DCI) for 16,000 shares. Rothschild Capital Partners Ltd Liability has invested 1.21% of its portfolio in Donaldson Company, Inc. (NYSE:DCI). Schwartz Inv Counsel has 896,500 shares for 2.23% of their US portfolio. Johnson Gru accumulated 0.01% or 2,525 shares. State Farm Mutual Automobile accumulated 0.64% or 12.37M shares. The New Jersey-based Bessemer Grp has invested 0% in Donaldson Company, Inc. (NYSE:DCI). Teachers Retirement Of The State Of Kentucky last reported 31,698 shares in the company.

Insider Transactions: Since June 6, 2016, the stock had 0 insider purchases, and 3 selling transactions for $1.32 million net activity. 14,400 shares were sold by WIEHOFF JOHN, worth $523,008 on Wednesday, September 14. 7,400 shares with value of $270,470 were sold by OBERTON WILLARD D on Monday, June 6. HOFFMAN MICHAEL J had sold 14,400 shares worth $525,888 on Tuesday, June 7.

Donaldson Company, Inc. (NYSE:DCI) Ratings Coverage

Out of 6 analysts covering Donaldson Company (NYSE:DCI), 0 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 0 are positive. Donaldson Company has been the topic of 7 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating by Suntrust Robinson given on Tuesday, November 3. The firm earned “Neutral” rating on Tuesday, November 3 by SunTrust. The rating was maintained by Avondale on Monday, March 21 with “Market Perform”. The firm has “Neutral” rating by Robert W. Baird given on Friday, September 9. Zacks upgraded the shares of DCI in a report on Wednesday, September 2 to “Hold” rating. As per Monday, September 7, the company rating was maintained by William Blair.

DCI Company Profile

Donaldson Company, Inc., incorporated on December 24, 1936, is a maker of filtration systems and replacement parts. The Company’s divisions include Engine Products, Industrial Products and Corporate. The Company’s products are manufactured at approximately 42 plants around the world and through three joint ventures. The Firm offers its products under the Ultra-Web, PowerCore and Donaldson brands. The Company’s sales and manufacturing activities are located throughout the world, with concentrations in the Americas, Europe and Asia. The Company’s distribution centers are located in Australia, Belgium, Indiana, Indonesia, Mexico, Slovakia and South Africa.

More news for Donaldson Company, Inc. (NYSE:DCI) were recently published by: Nasdaq.com, which released: “Donaldson Company Inc. Reveals 13% Gain In Q1 Profit” on December 01, 2016. Businesswire.com‘s article titled: “Donaldson Company Reports Fiscal 2017 First Quarter Earnings” and published on December 01, 2016 is yet another important article.

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By Winifred Garcia

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