Time to Reconsider Donaldson Incorporated (NYSE:DCI) After More Short Sellers?

January 17, 2018 - By Peter Erickson

 Time to Reconsider Donaldson Incorporated (NYSE:DCI) After More Short Sellers?

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.37, from 1.33 in 2017Q2. It is negative, as 25 investors sold Donaldson Company, Inc. shares while 106 reduced holdings. 35 funds opened positions while 91 raised stakes. 99.52 million shares or 1.56% less from 101.09 million shares in 2017Q2 were reported.
First Merchants holds 0.26% in Donaldson Company, Inc. (NYSE:DCI) or 33,321 shares. Moreover, Profund Limited Liability Com has 0.03% invested in Donaldson Company, Inc. (NYSE:DCI) for 15,177 shares. Old Mutual (Uk) Limited has invested 0.11% in Donaldson Company, Inc. (NYSE:DCI). Bahl Gaynor Incorporated holds 0.07% of its portfolio in Donaldson Company, Inc. (NYSE:DCI) for 137,768 shares. Farr Miller And Washington Ltd Liability Corp Dc has invested 2.43% in Donaldson Company, Inc. (NYSE:DCI). Arizona State Retirement System holds 0.04% of its portfolio in Donaldson Company, Inc. (NYSE:DCI) for 74,277 shares. Broderick Brian C holds 10,050 shares or 0.17% of its portfolio. Dimensional Fund Advsrs Limited Partnership owns 877,588 shares or 0.02% of their US portfolio. Goldman Sachs Grp Inc Inc has invested 0% in Donaldson Company, Inc. (NYSE:DCI). Dynamic Solutions Ltd Co has 14,450 shares for 0.26% of their portfolio. State Of Wisconsin Investment Board accumulated 26,930 shares. Fuller & Thaler Asset Mngmt has invested 0% in Donaldson Company, Inc. (NYSE:DCI). Voya Limited Liability Company reported 0% in Donaldson Company, Inc. (NYSE:DCI). Wesbanco Bancorp Inc invested 0.02% in Donaldson Company, Inc. (NYSE:DCI). Texas Permanent School Fund holds 0.06% or 95,698 shares.

Since December 14, 2017, it had 0 insider buys, and 1 insider sale for $70,122 activity.

The stock of Donaldson Incorporated (NYSE:DCI) registered an increase of 6.33% in short interest. DCI’s total short interest was 3.29M shares in January as published by FINRA. Its up 6.33% from 3.10 million shares, reported previously. With 350,600 shares average volume, it will take short sellers 9 days to cover their DCI’s short positions.

The stock increased 0.08% or $0.04 during the last trading session, reaching $51.27. About 1.05M shares traded or 152.94% up from the average. Donaldson Company, Inc. (NYSE:DCI) has risen 47.11% since January 17, 2017 and is uptrending. It has outperformed by 30.41% the S&P500.

Donaldson Company, Inc. manufactures and sells filtration systems and replacement parts worldwide. The company has market cap of $6.66 billion. It operates through Engine Products and Industrial Products divisions. It has a 28.97 P/E ratio. The Engine Products segment offers replacement filters for air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems.

Donaldson Company, Inc. (NYSE:DCI) Ratings Coverage

Among 10 analysts covering Donaldson Company (NYSE:DCI), 1 have Buy rating, 0 Sell and 9 Hold. Therefore 10% are positive. Donaldson Company had 25 analyst reports since September 2, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Avondale on Monday, March 21. Stifel Nicolaus maintained it with “Hold” rating and $45.0 target in Tuesday, October 17 report. On Tuesday, July 4 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm earned “Neutral” rating on Friday, December 2 by CL King. The rating was maintained by William Blair with “Market Perform” on Monday, September 7. The stock of Donaldson Company, Inc. (NYSE:DCI) earned “Hold” rating by Zacks on Wednesday, September 2. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, August 17. The stock of Donaldson Company, Inc. (NYSE:DCI) earned “Hold” rating by Stifel Nicolaus on Tuesday, January 16. Robert W. Baird maintained Donaldson Company, Inc. (NYSE:DCI) on Thursday, November 30 with “Hold” rating. The firm has “Hold” rating given on Wednesday, October 11 by Robert W. Baird.

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