Pacad Investment Ltd. bought a new position in shares of Gardner Denver Holdings, Inc. (NYSE:GDI) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 9,751 shares of the company’s stock, valued at approximately $211,000.

Other hedge funds also recently made changes to their positions in the company. Peregrine Capital Management LLC acquired a new position in shares of Gardner Denver Holdings during the second quarter worth approximately $15,938,000. Pioneer Investment Management Inc. acquired a new position in shares of Gardner Denver Holdings during the second quarter worth approximately $9,249,000. TD Asset Management Inc. acquired a new position in shares of Gardner Denver Holdings during the second quarter worth approximately $2,184,000. American Century Companies Inc. acquired a new position in shares of Gardner Denver Holdings during the second quarter worth approximately $12,492,000. Finally, NGAM Advisors L.P. acquired a new position in shares of Gardner Denver Holdings during the second quarter worth approximately $302,000. Institutional investors own 98.52% of the company’s stock.

Gardner Denver Holdings, Inc. (GDI) opened at 24.53 on Wednesday. Gardner Denver Holdings, Inc. has a one year low of $19.91 and a one year high of $25.05. The company has a 50-day moving average of $23.11 and a 200 day moving average of $22.66. The firm’s market capitalization is $4.81 billion.

Several equities analysts recently weighed in on GDI shares. Goldman Sachs Group, Inc. (The) started coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 price objective on the stock. Robert W. Baird started coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued an “outperform” rating and a $28.00 price objective on the stock. Piper Jaffray Companies set a $27.00 price objective on shares of Gardner Denver Holdings and gave the company a “buy” rating in a report on Tuesday, July 18th. Wolfe Research started coverage on shares of Gardner Denver Holdings in a report on Tuesday, July 11th. They issued an “outperform” rating and a $26.00 price objective on the stock. Finally, Citigroup Inc. started coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 price objective on the stock. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $27.25.

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Gardner Denver Holdings 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.

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

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