Mutual of America Capital Management LLC Sells 3,844 Shares of Donaldson Company, Inc. (NYSE:DCI)

Mutual of America Capital Management LLC lessened its stake in Donaldson Company, Inc. (NYSE:DCI) by 5.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 65,074 shares of the industrial products company’s stock after selling 3,844 shares during the period. Mutual of America Capital Management LLC’s holdings in Donaldson were worth $4,796,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. UMB Bank n.a. raised its position in shares of Donaldson by 359.2% during the third quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 273 shares during the last quarter. Versant Capital Management Inc raised its holdings in Donaldson by 1,372.2% during the 2nd quarter. Versant Capital Management Inc now owns 530 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 494 shares during the last quarter. Mather Group LLC. lifted its position in Donaldson by 408.1% during the 2nd quarter. Mather Group LLC. now owns 503 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 404 shares during the period. Capital Performance Advisors LLP acquired a new position in Donaldson during the 3rd quarter valued at about $41,000. Finally, V Square Quantitative Management LLC boosted its stake in shares of Donaldson by 52.0% in the 3rd quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 207 shares during the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Insiders Place Their Bets

In other news, Director James Owens sold 5,210 shares of the stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $71.74, for a total value of $373,765.40. Following the transaction, the director now directly owns 17,788 shares of the company’s stock, valued at $1,276,111.12. This represents a 22.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Thomas R. Scalf sold 4,295 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $73.33, for a total value of $314,952.35. Following the sale, the president now owns 30,834 shares of the company’s stock, valued at approximately $2,261,057.22. This represents a 12.23 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 167,805 shares of company stock valued at $12,310,222 over the last 90 days. 2.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on DCI shares. StockNews.com upgraded Donaldson from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 28th. Stifel Nicolaus reduced their target price on Donaldson from $76.00 to $71.00 and set a “hold” rating on the stock in a report on Thursday, August 29th. One analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $69.67.

Donaldson Price Performance

Shares of NYSE DCI opened at $75.19 on Thursday. The firm has a market cap of $9.00 billion, a PE ratio of 22.24, a PEG ratio of 2.01 and a beta of 1.04. The company has a fifty day moving average price of $74.18 and a 200 day moving average price of $73.29. Donaldson Company, Inc. has a 1-year low of $58.75 and a 1-year high of $78.71. The company has a current ratio of 1.84, a quick ratio of 1.23 and a debt-to-equity ratio of 0.32.

Donaldson (NYSE:DCI) last issued its quarterly earnings results on Wednesday, August 28th. The industrial products company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.06. Donaldson had a net margin of 11.54% and a return on equity of 29.47%. The company had revenue of $935.40 million during the quarter, compared to analysts’ expectations of $941.12 million. Research analysts predict that Donaldson Company, Inc. will post 3.63 earnings per share for the current fiscal year.

Donaldson Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.