Douglas Dynamics, Inc. (NYSE:PLOW) Chairman James L. Janik sold 15,593 shares of Douglas Dynamics stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $37.64, for a total value of $586,920.52. Following the sale, the chairman now owns 261,892 shares of the company’s stock, valued at approximately $9,857,614.88. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Douglas Dynamics, Inc. (PLOW) traded down $0.75 during trading hours on Friday, reaching $36.50. The company’s stock had a trading volume of 47,400 shares, compared to its average volume of 97,624. The company has a current ratio of 2.97, a quick ratio of 1.76 and a debt-to-equity ratio of 1.35. Douglas Dynamics, Inc. has a 12-month low of $28.55 and a 12-month high of $42.60. The firm has a market cap of $841.51, a price-to-earnings ratio of 27.80, a price-to-earnings-growth ratio of 1.76 and a beta of 1.12.

Douglas Dynamics (NYSE:PLOW) last issued its quarterly earnings results on Monday, November 6th. The auto parts company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.05). Douglas Dynamics had a return on equity of 13.98% and a net margin of 6.59%. The business had revenue of $125.30 million during the quarter, compared to analyst estimates of $133.53 million. During the same period in the previous year, the business posted $0.32 earnings per share. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. equities analysts predict that Douglas Dynamics, Inc. will post 1.41 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Tuesday, December 19th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date is Monday, December 18th. Douglas Dynamics’s payout ratio is 71.64%.

PLOW has been the topic of a number of research analyst reports. ValuEngine lowered Douglas Dynamics from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research lowered Douglas Dynamics from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Finally, BidaskClub lowered Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $40.00.

Large investors have recently modified their holdings of the business. Zions Bancorporation acquired a new position in shares of Douglas Dynamics in the 3rd quarter valued at about $100,000. Principal Financial Group Inc. acquired a new position in shares of Douglas Dynamics in the 3rd quarter valued at about $233,000. Sapphire Star Partners LP acquired a new position in shares of Douglas Dynamics in the 3rd quarter valued at about $242,000. Comerica Bank acquired a new position in shares of Douglas Dynamics in the 3rd quarter valued at about $263,000. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Douglas Dynamics in the 3rd quarter valued at about $267,000. 90.27% of the stock is currently owned by hedge funds and other institutional investors.

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About Douglas Dynamics

Douglas Dynamics, Inc is a manufacturer and up-fitter of commercial vehicle attachments and equipment. The Company’s portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand.

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