Other analysts also recently issued research reports about the stock. KeyCorp reduced their price target on shares of Dana from $18.00 to $13.00 and set an overweight rating for the company in a research report on Tuesday, March 24th. Barclays lifted their price target on shares of Dana from $6.00 to $11.00 and gave the company an equal weight rating in a research report on Friday, May 1st. Zacks Investment Research raised shares of Dana from a strong sell rating to a hold rating in a research report on Friday, April 24th. Oppenheimer reaffirmed a buy rating on shares of Dana in a report on Sunday, April 19th. Finally, Royal Bank of Canada downgraded shares of Dana from an outperform rating to a sector perform rating in a report on Monday, March 16th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of $16.33.
NYSE:DAN opened at $11.56 on Friday. The company has a fifty day moving average of $12.46 and a 200-day moving average of $12.83. Dana has a twelve month low of $4.22 and a twelve month high of $20.04. The company has a quick ratio of 1.01, a current ratio of 1.60 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $1.72 billion, a P/E ratio of 10.14, a P/E/G ratio of 4.95 and a beta of 2.61.
Large investors have recently modified their holdings of the stock. Wealthsource Partners LLC grew its holdings in shares of Dana by 5.4% during the fourth quarter. Wealthsource Partners LLC now owns 14,615 shares of the auto parts company’s stock worth $266,000 after purchasing an additional 750 shares in the last quarter. Mason Street Advisors LLC raised its holdings in shares of Dana by 1.4% during the fourth quarter. Mason Street Advisors LLC now owns 76,553 shares of the auto parts company’s stock valued at $1,393,000 after acquiring an additional 1,078 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Dana by 22.3% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,258 shares of the auto parts company’s stock valued at $88,000 after acquiring an additional 2,051 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Dana by 9.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 27,708 shares of the auto parts company’s stock worth $504,000 after purchasing an additional 2,312 shares in the last quarter. Finally, Amalgamated Bank raised its holdings in Dana by 11.0% in the fourth quarter. Amalgamated Bank now owns 24,675 shares of the auto parts company’s stock worth $449,000 after purchasing an additional 2,447 shares in the last quarter. 94.16% of the stock is currently owned by institutional investors.
Dana Company Profile
Dana Incorporated provides drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products to vehicle and engine manufacturer in North America, Europe, South America, and the Asia Pacific. The company operates in four segments: Light Vehicle Driveline Technologies, Commercial Vehicle Driveline Technologies, Off-Highway Drive and Motion Technologies, and Power Technologies.
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