Bailard Inc. Has $402,000 Position in Dana Inc (DAN)

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Bailard Inc. decreased its position in shares of Dana Inc (NYSE:DAN) by 83.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,500 shares of the auto parts company’s stock after selling 148,428 shares during the period. Bailard Inc.’s holdings in Dana were worth $402,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Wedge Capital Management L L P NC raised its holdings in shares of Dana by 1.0% in the fourth quarter. Wedge Capital Management L L P NC now owns 6,467,658 shares of the auto parts company’s stock worth $88,154,000 after buying an additional 63,654 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Dana by 0.5% in the third quarter. Dimensional Fund Advisors LP now owns 4,205,306 shares of the auto parts company’s stock worth $78,514,000 after buying an additional 19,411 shares during the last quarter. Frontier Capital Management Co. LLC raised its holdings in shares of Dana by 117.6% during the fourth quarter. Frontier Capital Management Co. LLC now owns 2,814,475 shares of the auto parts company’s stock worth $38,361,000 after purchasing an additional 1,520,977 shares during the last quarter. LSV Asset Management raised its holdings in shares of Dana by 3.3% during the third quarter. LSV Asset Management now owns 2,379,041 shares of the auto parts company’s stock worth $44,416,000 after purchasing an additional 75,295 shares during the last quarter. Finally, Gabelli Funds LLC raised its holdings in shares of Dana by 0.9% during the third quarter. Gabelli Funds LLC now owns 2,348,300 shares of the auto parts company’s stock worth $43,843,000 after purchasing an additional 21,600 shares during the last quarter. 95.24% of the stock is owned by institutional investors.

Several research analysts recently issued reports on DAN shares. Bank of America cut shares of Dana from a “buy” rating to a “neutral” rating and set a $21.00 target price for the company. in a report on Thursday, October 18th. JPMorgan Chase & Co. raised shares of Dana from a “neutral” rating to an “overweight” rating and set a $24.00 target price for the company in a report on Friday, October 19th. UBS Group raised shares of Dana from a “neutral” rating to a “buy” rating and set a $19.00 target price for the company in a report on Friday, January 4th. Stephens reissued a “hold” rating and set a $16.00 target price on shares of Dana in a report on Sunday, January 6th. Finally, Wolfe Research raised shares of Dana from a “market perform” rating to an “outperform” rating in a report on Wednesday, October 31st. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $21.91.

DAN stock opened at $17.06 on Thursday. The firm has a market cap of $2.48 billion, a P/E ratio of 6.77, a PEG ratio of 1.81 and a beta of 1.90. The company has a current ratio of 1.65, a quick ratio of 1.04 and a debt-to-equity ratio of 1.29. Dana Inc has a one year low of $12.65 and a one year high of $29.25.

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Dana Profile

Dana Incorporated provides drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products to vehicle and engine manufacturer in North America, Europe, South America, and the Asia Pacific. The company operates in four segments: Light Vehicle Driveline Technologies, Commercial Vehicle Driveline Technologies, Off-Highway Driveline Technologies, and Power Technologies.

See Also: Coverage Ratio

Institutional Ownership by Quarter for Dana (NYSE:DAN)

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