Gardner Denver Holdings, Inc. (NYSE:GDI) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totalling 3,111,502 shares, a growth of 57.0% from the July 14th total of 1,981,963 shares. Based on an average trading volume of 829,966 shares, the short-interest ratio is presently 3.7 days. Approximately 6.5% of the shares of the stock are short sold.

Shares of Gardner Denver Holdings (NYSE:GDI) opened at 22.69 on Wednesday. The company has a 50 day moving average of $22.59 and a 200-day moving average of $22.56. Gardner Denver Holdings has a one year low of $19.91 and a one year high of $24.55. The firm’s market cap is $4.45 billion.

A number of analysts recently weighed in on the stock. Piper Jaffray Companies set a $27.00 price target on shares of Gardner Denver Holdings and gave the company a “buy” rating in a report on Tuesday, July 18th. Wolfe Research assumed coverage on shares of Gardner Denver Holdings in a report on Tuesday, July 11th. They issued an “outperform” rating and a $26.00 price target for the company. Citigroup Inc. assumed coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 price target for the company. Tigress Financial assumed coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued a “buy” rating for the company. Finally, William Blair assumed coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued an “outperform” rating for the company. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. Gardner Denver Holdings presently has a consensus rating of “Buy” and an average target price of $27.13.

In other news, Director William P. Donnelly bought 42,642 shares of the business’s stock in a transaction dated Wednesday, May 24th. The stock was bought at an average price of $23.37 per share, for a total transaction of $996,543.54. Following the completion of the purchase, the director now owns 42,642 shares of the company’s stock, valued at approximately $996,543.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

A number of institutional investors have recently modified their holdings of the stock. Peregrine Capital Management LLC bought a new position in shares of Gardner Denver Holdings during the second quarter valued at approximately $15,938,000. Quantitative Systematic Strategies LLC acquired a new position in shares of Gardner Denver Holdings during the second quarter valued at about $1,719,000. NGAM Advisors L.P. acquired a new position in shares of Gardner Denver Holdings during the second quarter valued at about $302,000. Sei Investments Co. acquired a new position in shares of Gardner Denver Holdings during the second quarter valued at about $622,000. Finally, TD Asset Management Inc. acquired a new position in shares of Gardner Denver Holdings during the second quarter valued at about $2,184,000. 4.89% of the stock is owned by institutional investors and hedge funds.

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About Gardner Denver Holdings

Gardner Denver Holdings, Inc is a global provider of mission-critical flow control and compression equipments and associated aftermarket parts, consumables and services. The Company operates through three business segments: Industry, Energy and Medical. Industry segment designs, manufactures, markets and services a range of air compression, vacuum and blower products.

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