Vanguard Group Inc. Takes Position in Gardner Denver Holdings, Inc. (GDI)

Vanguard Group Inc. purchased a new position in Gardner Denver Holdings, Inc. (NYSE:GDI) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,842,871 shares of the company’s stock, valued at approximately $61,434,000. Vanguard Group Inc. owned 1.45% of Gardner Denver Holdings at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Northern Trust Corp bought a new position in Gardner Denver Holdings in the second quarter worth approximately $3,602,000. New York State Common Retirement Fund bought a new position in Gardner Denver Holdings in the second quarter worth approximately $1,964,000. Laurion Capital Management LP bought a new position in Gardner Denver Holdings in the second quarter worth approximately $1,621,000. Impala Asset Management LLC bought a new position in Gardner Denver Holdings in the second quarter worth approximately $4,468,000. Finally, Nationwide Fund Advisors bought a new position in Gardner Denver Holdings in the second quarter worth approximately $2,122,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Several research analysts have weighed in on the stock. UBS AG increased their price target on shares of Gardner Denver Holdings from $28.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Citigroup Inc. set a $34.00 price target on shares of Gardner Denver Holdings and gave the stock a “buy” rating in a research report on Friday, October 27th. Stifel Nicolaus increased their price target on shares of Gardner Denver Holdings from $30.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Zacks Investment Research upgraded shares of Gardner Denver Holdings from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research report on Tuesday. Finally, Robert W. Baird reiterated a “buy” rating and issued a $30.00 price target on shares of Gardner Denver Holdings in a research report on Wednesday, October 4th. One research analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $30.20.

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About Gardner Denver Holdings

Gardner Denver Holdings, Inc is a global provider of mission-critical flow control and compression equipments and associated aftermarket parts, consumables and services. The Company operates through three business segments: Industry, Energy and Medical. Industry segment designs, manufactures, markets and services a range of air compression, vacuum and blower products.

Institutional Ownership by Quarter for Gardner Denver Holdings (NYSE:GDI)

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