Weber Alan W buys $6,664,774 stake in Dana Holding Corporation (DAN)

Dana Holding Corporation (DAN) : Weber Alan W scooped up 70,000 additional shares in Dana Holding Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 481,907 shares of Dana Holding Corporation which is valued at $6,664,774.Dana Holding Corporation makes up approximately 4.26% of Weber Alan W’s portfolio.

Other Hedge Funds, Including , Pacad Investment Ltd. boosted its stake in DAN in the latest quarter, The investment management firm added 16,827 additional shares and now holds a total of 38,700 shares of Dana Holding Corporation which is valued at $535,221. Dana Holding Corporation makes up approx 0.07% of Pacad Investment Ltd.’s portfolio.Vanguard Group Inc boosted its stake in DAN in the latest quarter, The investment management firm added 211,829 additional shares and now holds a total of 10,754,648 shares of Dana Holding Corporation which is valued at $148,736,782. Dana Holding Corporation makes up approx 0.01% of Vanguard Group Inc’s portfolio.Gamco Investors Et Al boosted its stake in DAN in the latest quarter, The investment management firm added 521,815 additional shares and now holds a total of 5,566,161 shares of Dana Holding Corporation which is valued at $74,697,881. Dana Holding Corporation makes up approx 0.48% of Gamco Investors Et Al’s portfolio.State Board Of Administration Of Florida Retirement System reduced its stake in DAN by selling 15,837 shares or 11.39% in the most recent quarter. The Hedge Fund company now holds 123,161 shares of DAN which is valued at $1,652,821. Dana Holding Corporation makes up approx 0.01% of State Board Of Administration Of Florida Retirement System’s portfolio.

Dana Holding Corporation opened for trading at $14.41 and hit $14.51 on the upside on Tuesday, eventually ending the session at $14.46, with a gain of 1.19% or 0.17 points. The heightened volatility saw the trading volume jump to 15,71,837 shares. Company has a market cap of $2,078 M.

On the company’s financial health, Dana Holding Corporation reported $0.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $0.46. The company had revenue of $1546.00 million for the quarter, compared to analysts expectations of $1513.75 million. The company’s revenue was down -3.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.48 EPS.

Many Wall Street Analysts have commented on Dana Holding Corporation. Company shares were Reiterated by RBC Capital Mkts on Jul 22, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 14 from a previous price target of $11 .

Dana Holding Corporation is a global provider of high technology driveline sealing and thermal-management products. The Company offers its products to vehicle manufacturers in the global light vehicle medium/heavy vehicle and off-highway markets. It operates in four business segments: Light Vehicle Driveline Technologies (Light Vehicle) Commercial Vehicle Driveline Technologies (Commercial Vehicle) Off-Highway Driveline Technologies (Off-Highway) and Power Technologies. The Light Vehicle segment products include front axles rear axles drive shafts and differentials among others. The Commercial Vehicle segment products include steer axles drive axles drive shafts and tire inflation systems. The Off-Highway segment products include products include front axles rear axles drive shafts and transmissions among others. The Power Technologies segment products include gaskets cover modules heat shields engine sealing systems cooling and heat transfer products.

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