Dover Corporation (NYSE:DOV) VP William T. Bosway sold 6,087 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $94.66, for a total transaction of $576,195.42. Following the completion of the transaction, the vice president now owns 21,877 shares in the company, valued at $2,070,876.82. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Dover Corporation (DOV) opened at $94.71 on Friday. The company has a market cap of $14,754.98, a PE ratio of 26.24, a price-to-earnings-growth ratio of 1.85 and a beta of 1.28. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.87 and a current ratio of 1.32. Dover Corporation has a 52 week low of $68.10 and a 52 week high of $97.09.

Dover Corporation (NYSE:DOV) last posted its quarterly earnings data on Thursday, October 19th. The industrial products company reported $1.16 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.11 by $0.05. Dover Corporation had a net margin of 8.91% and a return on equity of 14.10%. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same quarter last year, the firm posted $0.83 EPS. The business’s revenue for the quarter was up 17.5% on a year-over-year basis. equities research analysts forecast that Dover Corporation will post 3.94 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.47 per share. The ex-dividend date is Wednesday, November 29th. This represents a $1.88 annualized dividend and a dividend yield of 1.99%. Dover Corporation’s dividend payout ratio (DPR) is 43.72%.

COPYRIGHT VIOLATION NOTICE: This report was posted by Daily Political and is the sole property of of Daily Political. If you are accessing this report on another website, it was illegally stolen and republished in violation of international copyright laws. The correct version of this report can be read at https://www.dailypolitical.com/2017/11/24/insider-selling-dover-corporation-dov-vp-sells-576195-42-in-stock.html.

Large investors have recently bought and sold shares of the company. IFP Advisors Inc boosted its position in shares of Dover Corporation by 15.1% during the 2nd quarter. IFP Advisors Inc now owns 1,728 shares of the industrial products company’s stock valued at $139,000 after purchasing an additional 227 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in shares of Dover Corporation by 388.2% during the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 1,694 shares of the industrial products company’s stock valued at $155,000 after purchasing an additional 1,347 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in shares of Dover Corporation by 13.0% in the second quarter. Penserra Capital Management LLC now owns 2,236 shares of the industrial products company’s stock worth $179,000 after buying an additional 258 shares during the period. First Mercantile Trust Co. boosted its holdings in shares of Dover Corporation by 10.1% in the second quarter. First Mercantile Trust Co. now owns 2,327 shares of the industrial products company’s stock worth $187,000 after buying an additional 213 shares during the period. Finally, Cape Cod Five Cents Savings Bank acquired a new position in shares of Dover Corporation in the third quarter worth about $201,000. Institutional investors own 85.66% of the company’s stock.

A number of research analysts have recently issued reports on DOV shares. Royal Bank Of Canada restated a “hold” rating and issued a $91.00 price target on shares of Dover Corporation in a research report on Wednesday, September 6th. SunTrust Banks, Inc. restated a “hold” rating and issued a $90.00 price target on shares of Dover Corporation in a research report on Thursday, October 12th. J P Morgan Chase & Co upgraded shares of Dover Corporation from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $80.00 to $105.00 in a research report on Wednesday, September 20th. Seaport Global Securities restated a “neutral” rating on shares of Dover Corporation in a research report on Wednesday, September 13th. Finally, Zacks Investment Research downgraded shares of Dover Corporation from a “buy” rating to a “hold” rating in a research report on Monday, October 23rd. Twelve research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $94.69.

Dover Corporation Company Profile

Dover Corporation is a diversified global manufacturer delivering equipment and components, specialty systems, consumable supplies, software and digital solutions and support services. The Company’s segments include Energy, Engineered Systems, Fluids and Refrigeration & Food Equipment. The Company’s Energy segment is a provider of solutions and services for production and processing of fuels around the world.

Insider Buying and Selling by Quarter for Dover Corporation (NYSE:DOV)

Receive News & Ratings for Dover Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dover Corporation and related companies with MarketBeat.com's FREE daily email newsletter.