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Stock analysts at Stephens began coverage on shares of Dana Holding (NYSE:DAN) in a report issued on Friday. The firm set an “equal weight” rating on the stock.

In other Dana Holding news, Director Mark A. Schulz unloaded 7,150 shares of the company’s stock on the open market in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $23.49, for a total value of $167,953.50. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Dana Holding (NYSE:DAN) opened at 22.95 on Friday. Dana Holding has a 52 week low of $18.06 and a 52 week high of $24.82. The stock has a 50-day moving average of $23.16 and a 200-day moving average of $22.46. The company’s market cap is $3.572 billion.

Dana Holding (NYSE:DAN) last announced its earnings results on Thursday, July 24th. The company reported $0.58 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.53 by $0.05. The company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter last year, the company posted $0.54 earnings per share. Dana Holding’s revenue was down 5.0% compared to the same quarter last year. Analysts expect that Dana Holding will post $1.88 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, September 12th. Investors of record on Friday, August 22nd will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Wednesday, August 20th.

A number of other firms have also recently commented on DAN. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Dana Holding in a research note on Friday, July 25th. They now have a $25.00 price target on the stock, up previously from $24.00. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Dana Holding in a research note on Friday, July 25th. They now have a $26.00 price target on the stock, up previously from $24.00. Finally, analysts at Goldman Sachs downgraded shares of Dana Holding from a “buy” rating to a “neutral” rating in a research note on Monday, July 14th. They now have a $27.00 price target on the stock, down previously from $28.00. They noted that the move was a valuation call. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $24.88.

Dana Holding Corporation is global provider of technology driveline, sealing and thermal-management products for vehicle manufacturer in the on-highway and off-highway markets.

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