Gardner Denver Holdings, Inc. (GDI) Shares Bought by Jennison Associates LLC

Jennison Associates LLC increased its position in Gardner Denver Holdings, Inc. (NYSE:GDI) by 0.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,281,114 shares of the company’s stock after purchasing an additional 2,207 shares during the quarter. Jennison Associates LLC owned approximately 1.16% of Gardner Denver Holdings worth $62,776,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of GDI. Peregrine Capital Management LLC bought a new stake in shares of Gardner Denver Holdings in the 2nd quarter valued at about $15,938,000. Quantitative Systematic Strategies LLC bought a new stake in shares of Gardner Denver Holdings in the 2nd quarter valued at about $1,719,000. NGAM Advisors L.P. bought a new stake in shares of Gardner Denver Holdings in the 2nd quarter valued at about $302,000. Sei Investments Co. bought a new stake in shares of Gardner Denver Holdings in the 2nd quarter valued at about $622,000. Finally, TD Asset Management Inc. bought a new stake in shares of Gardner Denver Holdings in the 2nd quarter valued at about $2,184,000. 99.31% of the stock is currently owned by institutional investors.

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A number of equities research analysts have recently issued reports on GDI shares. UBS AG upped their target price on shares of Gardner Denver Holdings from $28.00 to $33.00 and gave the company a “buy” rating in a report on Friday, October 27th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $28.00 target price on shares of Gardner Denver Holdings in a report on Thursday, September 7th. Zacks Investment Research cut shares of Gardner Denver Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Citigroup Inc. reissued a “buy” rating and issued a $32.00 price target (up from $28.00) on shares of Gardner Denver Holdings in a report on Monday, October 9th. Finally, Robert W. Baird reissued a “buy” rating and issued a $30.00 price target on shares of Gardner Denver Holdings in a report on Wednesday, October 4th. One analyst has rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $30.20.

Gardner Denver Holdings, Inc. (NYSE:GDI) opened at $29.41 on Tuesday. The company has a quick ratio of 1.60, a current ratio of 2.51 and a debt-to-equity ratio of 1.58. Gardner Denver Holdings, Inc. has a fifty-two week low of $19.91 and a fifty-two week high of $30.66.

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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