Dover Corp (NYSE:DOV) Big Money Sentiment Falls in 2018 Q1 to 0.84

June 27, 2018 - By Joshua Cleveland

Dover Corporation (NYSE:DOV) Corporate Logo

“Big money” Positions

“Big money sentiment for Dover Corp (NYSE:DOV) in 2018 Q1 decreased to 0.84, according to SEC.gov filings. So its down -0.15, from 2017Q4’s 0.99. 212 investment professionals opened new and increased positions, while 253 trimmed and sold stock positions in Dover Corp so the sentiment has dropped. Funds own 129.71 million shares, down from 132.15 million shares in 2017Q4. Funds holding Dover Corp in top 10 changed to 8 from 10 for a decrease of 2. In total 39 funds closed positions, 214 reduced and 140 increased. Also 72 funds bought new Dover Corp stakes.

Biggest Dover Corp Investors

As of 2018 Q1 Cincinnati Indemnity Co has 11.99% invested in Dover Corp. As of 2018 Q1, 90,000 shares of Dover Corp are owned by Cincinnati Casualty Co. Inverness Counsel Llc Ny reported 848,645 shares. Mcdaniel Terry & Co revealed 217,581 shares position in Dover Corp. The New York-based fund Adi Capital Management Llc looks positive on Dover Corp, owning 50,000 shares.

Dover Corporation manufactures and sells a range of equipment and components, specialty systems, software and digital solutions, and support services worldwide.The firm is valued at $11.36 billion. The firm operates in four divisions: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment.The P/E ratio is 14.98. The Energy segment provides solutions and services for the production and processing of fuels to drilling and production, bearings and compression, and automation end markets.

DOV hit $73.41 during the last trading session after $0.65 change.Dover Corporation has volume of 357,533 shares. Since June 27, 2017 DOV has risen 19.15% and is uptrending. DOV outperformed by 6.58% the S&P 500.

Dover Corporation (NYSE:DOV)’s earnings report is anticipated on July, 19., RTT reports. This year’s EPS analyst estimate is anticipated to be $1.22. That is 17.31 % up compareed to $1.04 EPS for last year. If DOV’s EPS is $1.22 the profit will be $188.71 million for 15.04 P/E. Analysts at Wall Street see Dover Corporation’s 5.17 % EPS growth compared to $1.16 EPS for previous quarter.

Commerzbank Aktiengesellschaft Fi owns 0.01% invested in Dover Corporation (NYSE:DOV) for 6,375 shs. Legal General Gru Public Limited Co reported 770,104 shs. The United Kingdom-based Rwc Asset Mngmt Ltd Liability Partnership has invested 0.41% in Dover Corporation (NYSE:DOV). Moreover, Alps Advsrs has 0% invested in Dover Corporation (NYSE:DOV) for 4,777 shs. Grandfield & Dodd Ltd Liability invested in 34,950 shs or 0.38% of the stock. 9,671 are held by Allen Mgmt Lc. Moreover, Pitcairn Co has 0.06% invested in Dover Corporation (NYSE:DOV). Teachers Retirement Systems Of The State Of Kentucky stated it has 0.02% in Dover Corporation (NYSE:DOV). 11,577 were reported by Dupont Capital Management. Retirement Systems Of Alabama owns 73,771 shs. Johnson Finance Gru Incorporated reported 1,834 shs or 0.02% of all its holdings. Advisor Ltd invested in 0.1% or 5,334 shs. Hl Svcs Ltd Liability Corporation has 75,531 shs for 0.13% of their capital. Ny State Common Retirement Fund has 366,700 shs. The Ontario – Canada-based Intact Inv Mgmt Incorporated has invested 0.01% in Dover Corporation (NYSE:DOV).

Dover Corporation had 7 selling transactions and 1 insider purchase since February 26, 2018. This’s net activity of $4.30 million. On Monday, February 26 the insider Kosinski Anthony K sold $93,382. On Thursday, June 7 WINSTON MARY A sold $197,146 worth of Dover Corporation (NYSE:DOV). Goldberg Paul sold 3,300 shs worth $336,600. 14,745 shs were sold by Kloosterboer Jay L, worth $1.16M. 5,000 shs valued at $511,965 were sold by Somasundaram Sivasankaran on Friday, March 9. Shares for $1.52M were sold by Cerepak Brad M on Friday, June 15.

Dover Corporation (NYSE:DOV) Ratings Coverage

In total 12 analysts cover Dover Corp (NYSE:DOV). “Buy” rating has 4, “Sell” are 0, while 8 are “Hold”. 33% are bullish. With $120 highest and $10000 lowest target Dover Corp has $108.10 average target or 47.26% above the current ($73.41) price. 23 are the (NYSE:DOV)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. The stock rating was maintained by BMO Capital Markets with “Outperform” on Monday, April 30. On Wednesday, January 17 RBC Capital Markets maintained the shares of DOV in report with “Hold” rating. On Tuesday, January 16 the firm has “Hold” rating given by Stifel Nicolaus. The stock rating was maintained by RBC Capital Markets with “Hold” on Tuesday, January 30. In Tuesday, January 30 report Robert W. Baird maintained the stock with “Buy” rating. On Monday, April 30 the rating was maintained by Morgan Stanley with “Overweight”. In Wednesday, January 3 report RBC Capital Markets maintained the stock with “Hold” rating. On Friday, January 12 Susquehanna maintained Dover Corporation (NYSE:DOV) with “Hold” rating. On Thursday, February 1 the stock of Dover Corporation (NYSE:DOV) earned “Hold” rating by Seaport Global. On Monday, April 30 the rating was maintained by Stifel Nicolaus with “Hold”.

Another two news for Dover Corporation (NYSE:DOV) were briefly released by: Seekingalpha.com on June 05, 2018 with title “Honeywell, Dover among companies exiting Iran presence before sanctions”. The other Seekingalpha.com‘s article was titled “Dover: The Worst Performing Dividend Champion Of 2018” and released on June 25, 2018.

Dover Corporation (NYSE:DOV) Institutional Investors Chart

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