Dana Incorporated (DAN) Shares Declined While Anchor Bolt Capital LP Decreased Its Stake by $15.24 Million

May 3, 2018 - By Sarah Holford

During Q4 2017 the big money sentiment increased to 1.43. That’s change of 0.40, from 2017Q3’s 1.03. 16 investors sold all, 79 reduced holdings as DAN ratio is positive. 80 rose positions while 56 funds bought positions. Funds hold 137.75 million shares thus 0.01% less from 2017Q3’s 137.76 million shares. Gsa Cap Partners Limited Liability Partnership accumulated 76,240 shs or 0.15% of the stock. Magnetar Fincl Limited Liability Company has invested 0.01% in Dana Incorporated (NYSE:DAN). Smith Asset Group Incorporated LP holds 0.02% of its capital in Dana Incorporated (NYSE:DAN) for 16,846 shs. Northwestern Mutual Wealth, Wisconsin-based fund reported 62 shs. Point72 Asset Lp invested 0% in Dana Incorporated (NYSE:DAN). North Star Mngmt Corporation owns 301 shs. Cap Fund Mgmt accumulated 15,200 shs or 0% of the stock. Piedmont Inv Advsr Ltd Limited Liability Company accumulated 0.03% or 45,670 shs. Thrivent For Lutherans stated it has 31,519 shs. Ajo Ltd Partnership holds 5.65 million shs or 0.78% of its capital. First Allied Advisory holds 0.01% of its capital in Dana Incorporated (NYSE:DAN) for 7,384 shs. Commonwealth Of Pennsylvania School Empls Retrmt Systems invested in 21,160 shs. Jefferies Group Ltd stated it has 0% in Dana Incorporated (NYSE:DAN). Ftb Advisors Inc has invested 0% in Dana Incorporated (NYSE:DAN). Gabelli Funds Limited Liability Corp reported 0.42% in Dana Incorporated (NYSE:DAN).

DAN registered $2.87 million net activity with 0 insider buys and 3 selling transactions since January 23, 2018. Another trade for 40,339 shs valued at $1.35M was made by Wallace Mark E on Wednesday, January 31. Matthews Dwayne sold $1.10 million worth of Dana Incorporated (NYSE:DAN) on Tuesday, January 23.

In Dana Incorporated (DAN) was decreased the holdings held by Robert Polak. The decrease is 17.87% according to 2017Q4 Securities and Exchange form. The company’s stock sank 22.04% while Anchor Bolt Capital Lp sold 476,401 shares. The hedge fund run by Robert Polak is holding 2.19 million shares, compared to the 2.67M from the previous quarter. And the reported value of the o.e.m. company is $70.10M for the 2017Q4. $3.36B is the market cap of Dana Incorporated. DAN hit $23.12 during the last trading session after $0.51 change.Dana Incorporated has volume of 203,430 shares. Since May 3, 2017 DAN has risen 38.03% and is uptrending. DAN outperformed by 26.48% the S&P 500.

About $849.21M and $2.76 billion US Long portfolio Anchor Bolt Capital Lp operates. According to a filing the fund increased its stake in Andeavor by 244,176 shares to 664,170 shares, valued at $75.94M in 2017Q4. For a total of 2.12 million shares it increased its holding in American Axle & Mfg Hldgs In (NYSE:AXL) by 494,544 shares in the quarter, and has risen its stake in Delta Air Lines Inc Del (NYSE:DAL).

Dana Incorporated (NYSE:DAN) Ratings Coverage

Total analysts of 8 have positions in Dana (NYSE:DAN) as follows: 1 rated it a “Buy”, 0 with “Sell” and 7 with “Hold”. The positive are 13%. The firm has $40.0 highest while $25.0 is the lowest PT. The average target $30 is 29.76% above the last ($23.12) price. Since November 17, 2017 according to StockzIntelligence Inc Dana has 14 analyst reports. The company rating was downgraded by Guggenheim on Tuesday, May 1. On Friday, March 9 the company was upgraded by Susquehanna. On Tuesday, December 19 the stock of Dana Incorporated (NYSE:DAN) earned “Buy” rating by RBC Capital Markets. The company rating was maintained by Deutsche Bank on Friday, November 17. The company rating was maintained by Barclays Capital on Tuesday, May 1. On Monday, January 8 the company was maintained by Guggenheim. On Tuesday, March 20 the company was maintained by FBR Capital. On Thursday, April 19 the stock has “Buy” rating by Guggenheim. In Wednesday, February 14 report Guggenheim maintained the stock with “Buy” rating. On Monday, April 16 RBC Capital Markets maintained Dana Incorporated (NYSE:DAN) rating. RBC Capital Markets has “Buy” rating and $3500 target.

Dana Incorporated (NYSE:DAN) Institutional Investors Chart

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