Gould Asset Management Ca Lowers stake in Donaldson Company (DCI)

Donaldson Company (DCI) : Gould Asset Management Ca reduced its stake in Donaldson Company by 18.6% during the most recent quarter end. The investment management company now holds a total of 7,000 shares of Donaldson Company which is valued at $256,690 after selling 1,600 shares in Donaldson Company , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Donaldson Company makes up approximately 0.13% of Gould Asset Management Ca’s portfolio.

Other Hedge Funds, Including , Envestnet Asset Management Inc boosted its stake in DCI in the latest quarter, The investment management firm added 1,013 additional shares and now holds a total of 31,005 shares of Donaldson Company which is valued at $1,136,953.Penserra Capital Management boosted its stake in DCI in the latest quarter, The investment management firm added 94 additional shares and now holds a total of 283 shares of Donaldson Company which is valued at $10,397.Advisors Asset Management reduced its stake in DCI by selling 937 shares or 5.13% in the most recent quarter. The Hedge Fund company now holds 17,331 shares of DCI which is valued at $636,741. Donaldson Company makes up approx 0.01% of Advisors Asset Management’s portfolio.Roberts Glore Co Inc Il reduced its stake in DCI by selling 1,252 shares or 15.58% in the most recent quarter. The Hedge Fund company now holds 6,786 shares of DCI which is valued at $245,178. Donaldson Company makes up approx 0.18% of Roberts Glore Co Inc Il’s portfolio.

Donaldson Company opened for trading at $37.6 and hit $37.92 on the upside on Thursday, eventually ending the session at $37.91, with a gain of 0.96% or 0.36 points. The heightened volatility saw the trading volume jump to 6,30,353 shares. Company has a market cap of $5,047 M.

On the company’s financial health, Donaldson Company reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jun 2, 2016. Analyst had a consensus of $0.39. The company had revenue of $571.30 million for the quarter, compared to analysts expectations of $550.81 million. The company’s revenue was down -.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.36 EPS.

Donaldson Company Inc. is a provider and manufacturer of filtration systems and replacement parts. The Company serves customers in the industrial and engine markets including dust collection power generation specialty filtration compressed air purification off-road equipment industrial compressors heavy trucks and light vehicles. The Company’s products are manufactured at 39 plants around the world and through three joint ventures. The Company has two reporting segments: Engine Products and Industrial Products.

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