1,530 Shares in Dorman Products, Inc. (NASDAQ:DORM) Bought by Choreo LLC

Choreo LLC bought a new position in shares of Dorman Products, Inc. (NASDAQ:DORM) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,530 shares of the auto parts company’s stock, valued at approximately $201,000.

Several other large investors also recently modified their holdings of DORM. Fiera Capital Corp acquired a new position in Dorman Products in the 3rd quarter worth $25,571,000. State Street Corp boosted its position in shares of Dorman Products by 8.6% during the third quarter. State Street Corp now owns 1,108,327 shares of the auto parts company’s stock worth $125,374,000 after buying an additional 87,780 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Dorman Products by 173.6% during the third quarter. JPMorgan Chase & Co. now owns 133,341 shares of the auto parts company’s stock worth $15,084,000 after buying an additional 84,613 shares in the last quarter. Royce & Associates LP raised its position in Dorman Products by 17.6% in the 3rd quarter. Royce & Associates LP now owns 523,882 shares of the auto parts company’s stock valued at $59,262,000 after buying an additional 78,496 shares during the last quarter. Finally, Jennison Associates LLC boosted its position in Dorman Products by 13.9% during the 3rd quarter. Jennison Associates LLC now owns 454,852 shares of the auto parts company’s stock worth $51,453,000 after acquiring an additional 55,615 shares during the last quarter. 84.70% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DORM has been the topic of a number of research reports. Roth Mkm reissued a “buy” rating and issued a $153.00 price objective (up previously from $126.00) on shares of Dorman Products in a research report on Monday, November 4th. StockNews.com lowered shares of Dorman Products from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 11th. Four investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Dorman Products currently has a consensus rating of “Buy” and a consensus price target of $125.67.

Dorman Products Trading Up 0.7 %

NASDAQ DORM opened at $126.67 on Friday. The company has a market cap of $3.87 billion, a PE ratio of 21.18 and a beta of 0.88. Dorman Products, Inc. has a 12 month low of $80.28 and a 12 month high of $146.60. The stock has a 50 day moving average of $130.52 and a 200-day moving average of $122.71. The company has a current ratio of 2.34, a quick ratio of 1.16 and a debt-to-equity ratio of 0.37.

Insider Transactions at Dorman Products

In other news, SVP Eric Luftig sold 3,278 shares of Dorman Products stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $141.19, for a total transaction of $462,820.82. Following the completion of the transaction, the senior vice president now directly owns 5,934 shares in the company, valued at approximately $837,821.46. The trade was a 35.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven L. Berman sold 285 shares of the stock in a transaction on Friday, January 10th. The shares were sold at an average price of $123.50, for a total value of $35,197.50. Following the completion of the sale, the director now owns 833,527 shares in the company, valued at approximately $102,940,584.50. This trade represents a 0.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,811 shares of company stock worth $7,082,504 in the last ninety days. Insiders own 10.00% of the company’s stock.

About Dorman Products

Dorman Products, Inc supplies replacement and upgrade parts for passenger cars, light trucks, medium- and heavy-duty trucks, utility terrain vehicles, and all-terrain vehicles in the motor vehicle aftermarket industry in the United States and internationally. It offers engine products, including intake and exhaust manifolds, fans, thermostat housings, and throttle bodies; undercar products comprising fluid lines, fluid reservoirs, connectors, 4-wheel drive components and axles, drain plugs, other engine, and transmission and axle components; steering and suspension products consist of control arms, ball joints, tie-rod ends, brake hardware and hydraulics, wheel and axle hardware, suspension arms, knuckles, links, bushings, and leaf springs, as well as other suspension, steering, and brake components; body products, such as door handles and hinges, window lift motors, window regulators, switches and handles, wiper components, lighting, electrical, and other interior and exterior vehicle body components, including windshields for UTVs; electronics products comprise new and remanufactured modules, clusters and sensors; and hardware products, such as threaded bolts and auto body fasteners, automotive and home electrical wiring components, and other hardware assortments and merchandise.