Advisor Group Inc. grew its position in Gardner Denver Holdings Inc (NYSE:GDI) by 145.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,837 shares of the company’s stock after buying an additional 3,459 shares during the period. Advisor Group Inc.’s holdings in Gardner Denver were worth $160,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Teachers Advisors LLC purchased a new position in shares of Gardner Denver during the 2nd quarter worth approximately $47,611,000. American Century Companies Inc. purchased a new position in shares of Gardner Denver during the 2nd quarter worth approximately $12,492,000. Nationwide Fund Advisors purchased a new position in shares of Gardner Denver during the 2nd quarter worth approximately $2,122,000. TD Asset Management Inc. purchased a new position in shares of Gardner Denver during the 2nd quarter worth approximately $2,184,000. Finally, Boston Partners purchased a new position in shares of Gardner Denver during the 3rd quarter worth approximately $26,365,000.

In other Gardner Denver news, major shareholder Fund Holdings L.P. Kkr sold 25,250,880 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $26.43, for a total value of $667,380,758.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

GDI has been the subject of several recent research reports. Stifel Nicolaus raised their price target on shares of Gardner Denver from $34.00 to $36.00 and gave the company a “buy” rating in a research report on Wednesday, November 22nd. Simmons reissued an “overweight” rating and issued a $31.00 price target on shares of Gardner Denver in a research report on Tuesday, September 26th. Citigroup set a $34.00 price target on shares of Gardner Denver and gave the company a “buy” rating in a research report on Friday, October 27th. Zacks Investment Research raised shares of Gardner Denver from a “hold” rating to a “buy” rating and set a $33.00 price target for the company in a research report on Tuesday, October 31st. Finally, Robert W. Baird reissued a “buy” rating and issued a $30.00 price target on shares of Gardner Denver in a research report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the company. Gardner Denver currently has a consensus rating of “Buy” and a consensus target price of $30.40.

Shares of Gardner Denver Holdings Inc (GDI) traded down $0.33 during mid-day trading on Friday, reaching $32.08. 2,144,255 shares of the company’s stock traded hands, compared to its average volume of 922,898. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.51 and a quick ratio of 1.60. Gardner Denver Holdings Inc has a 52 week low of $19.91 and a 52 week high of $32.75.

ILLEGAL ACTIVITY NOTICE: “Advisor Group Inc. Has $160,000 Stake in Gardner Denver Holdings Inc (GDI)” was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this piece on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The legal version of this piece can be accessed at https://www.dailypolitical.com/2017/12/01/advisor-group-inc-has-160000-stake-in-gardner-denver-holdings-inc-gdi.html.

Gardner Denver Profile

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.

Want to see what other hedge funds are holding GDI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gardner Denver Holdings Inc (NYSE:GDI).

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

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