WINTON GROUP Ltd Purchases Shares of 25,398 Dorman Products, Inc. (NASDAQ:DORM)

WINTON GROUP Ltd acquired a new position in shares of Dorman Products, Inc. (NASDAQ:DORM) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 25,398 shares of the auto parts company’s stock, valued at approximately $3,290,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DORM. Vanguard Group Inc. boosted its position in Dorman Products by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 3,028,728 shares of the auto parts company’s stock worth $392,372,000 after acquiring an additional 91,361 shares during the period. State Street Corp raised its stake in shares of Dorman Products by 8.6% during the third quarter. State Street Corp now owns 1,108,327 shares of the auto parts company’s stock valued at $125,374,000 after purchasing an additional 87,780 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Dorman Products by 173.6% in the third quarter. JPMorgan Chase & Co. now owns 133,341 shares of the auto parts company’s stock worth $15,084,000 after purchasing an additional 84,613 shares during the period. ArrowMark Colorado Holdings LLC grew its position in Dorman Products by 33.1% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 153,688 shares of the auto parts company’s stock valued at $17,385,000 after buying an additional 38,188 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Dorman Products during the 4th quarter valued at about $4,810,000. 84.70% of the stock is owned by institutional investors.

Insider Activity at Dorman Products

In other news, SVP Donna M. Long sold 742 shares of the firm’s stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $130.38, for a total transaction of $96,741.96. Following the completion of the sale, the senior vice president now directly owns 19,894 shares of the company’s stock, valued at $2,593,779.72. This trade represents a 3.60 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Steven L. Berman sold 617 shares of the business’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $123.23, for a total value of $76,032.91. Following the sale, the director now directly owns 832,910 shares in the company, valued at $102,639,499.30. This trade represents a 0.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 30,842 shares of company stock valued at $4,048,449 over the last ninety days. Insiders own 10.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Dorman Products from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 14th.

Dorman Products Stock Down 0.5 %

DORM opened at $125.15 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.16 and a current ratio of 2.34. The company has a market capitalization of $3.83 billion, a PE ratio of 20.93 and a beta of 0.84. The stock’s fifty day moving average is $128.05 and its 200-day moving average is $126.48. Dorman Products, Inc. has a one year low of $86.61 and a one year high of $146.60.

Dorman Products (NASDAQ:DORM) last issued its quarterly earnings results on Wednesday, February 26th. The auto parts company reported $2.20 EPS for the quarter, topping the consensus estimate of $1.99 by $0.21. Dorman Products had a net margin of 9.43% and a return on equity of 16.95%. The firm had revenue of $533.77 million for the quarter, compared to analysts’ expectations of $523.95 million. On average, equities analysts predict that Dorman Products, Inc. will post 6.9 EPS for the current fiscal year.

Dorman Products Profile

Dorman Products, Inc supplies replacement and upgrade parts for passenger cars, light trucks, medium- and heavy-duty trucks, utility terrain vehicles, and all-terrain vehicles in the motor vehicle aftermarket industry in the United States and internationally. It offers engine products, including intake and exhaust manifolds, fans, thermostat housings, and throttle bodies; undercar products comprising fluid lines, fluid reservoirs, connectors, 4-wheel drive components and axles, drain plugs, other engine, and transmission and axle components; steering and suspension products consist of control arms, ball joints, tie-rod ends, brake hardware and hydraulics, wheel and axle hardware, suspension arms, knuckles, links, bushings, and leaf springs, as well as other suspension, steering, and brake components; body products, such as door handles and hinges, window lift motors, window regulators, switches and handles, wiper components, lighting, electrical, and other interior and exterior vehicle body components, including windshields for UTVs; electronics products comprise new and remanufactured modules, clusters and sensors; and hardware products, such as threaded bolts and auto body fasteners, automotive and home electrical wiring components, and other hardware assortments and merchandise.