Teachers Retirement System of The State of Kentucky lifted its position in shares of Gardner Denver Holdings Inc (NYSE:GDI) by 72.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 773,636 shares of the company’s stock after buying an additional 324,136 shares during the quarter. Teachers Retirement System of The State of Kentucky owned approximately 0.39% of Gardner Denver worth $26,249,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in GDI. Ameriprise Financial Inc. acquired a new position in shares of Gardner Denver during the 2nd quarter worth $335,000. Northern Trust Corp acquired a new position in Gardner Denver during the 2nd quarter worth approximately $3,602,000. California Public Employees Retirement System acquired a new position in Gardner Denver during the 2nd quarter worth approximately $432,000. Voya Investment Management LLC acquired a new position in Gardner Denver during the 2nd quarter worth approximately $346,000. Finally, State Street Corp acquired a new position in Gardner Denver during the 2nd quarter worth approximately $8,064,000.
Several research firms recently commented on GDI. Barclays reissued an “equal weight” rating and set a $33.00 price target (down from $35.00) on shares of Gardner Denver in a research report on Tuesday, February 20th. Stifel Nicolaus reissued a “buy” rating and set a $38.00 price target (down from $41.00) on shares of Gardner Denver in a research report on Tuesday, February 20th. Zacks Investment Research raised Gardner Denver from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research report on Thursday, February 8th. Johnson Rice began coverage on Gardner Denver in a research report on Tuesday, January 30th. They set an “accumulate” rating and a $40.00 price target on the stock. Finally, UBS Group began coverage on Gardner Denver in a research report on Tuesday, January 23rd. They set a “buy” rating and a $42.00 price target on the stock. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $32.83.
Gardner Denver (NYSE:GDI) last announced its earnings results on Thursday, February 15th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.28. The business had revenue of $665.00 million during the quarter, compared to analyst estimates of $654.94 million. equities research analysts anticipate that Gardner Denver Holdings Inc will post 1.26 earnings per share for the current year.
Gardner Denver Profile
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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