Dana Incorporated (NYSE:DAN) Shares Bought by Yousif Capital Management LLC

Yousif Capital Management LLC raised its holdings in Dana Incorporated (NYSE:DAN) by 2.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 56,818 shares of the auto parts company’s stock after acquiring an additional 1,130 shares during the period. Yousif Capital Management LLC’s holdings in Dana were worth $657,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DAN. Entropy Technologies LP acquired a new position in Dana in the 3rd quarter valued at $250,000. Segall Bryant & Hamill LLC acquired a new position in Dana in the 3rd quarter valued at $2,687,000. JB Capital Partners LP grew its stake in shares of Dana by 9.9% during the 3rd quarter. JB Capital Partners LP now owns 1,425,293 shares of the auto parts company’s stock valued at $14,880,000 after buying an additional 128,000 shares during the period. Martingale Asset Management L P purchased a new stake in shares of Dana during the 3rd quarter valued at $346,000. Finally, Versant Capital Management Inc grew its stake in shares of Dana by 484.6% during the 4th quarter. Versant Capital Management Inc now owns 2,695 shares of the auto parts company’s stock valued at $31,000 after buying an additional 2,234 shares during the period. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on DAN. Wells Fargo & Company raised shares of Dana from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $10.00 to $16.00 in a research note on Monday, January 27th. JPMorgan Chase & Co. boosted their price objective on shares of Dana from $14.00 to $20.00 and gave the company an “overweight” rating in a research note on Monday, January 27th. Deutsche Bank Aktiengesellschaft raised shares of Dana from a “hold” rating to a “buy” rating and boosted their price objective for the company from $9.00 to $19.00 in a research note on Monday, December 9th. BNP Paribas raised shares of Dana from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $9.00 to $16.00 in a research note on Tuesday, December 3rd. Finally, UBS Group upped their price target on shares of Dana from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.86.

Dana Stock Performance

Shares of Dana stock opened at $16.35 on Monday. The firm has a market cap of $2.37 billion, a PE ratio of -148.58, a price-to-earnings-growth ratio of 0.71 and a beta of 2.33. Dana Incorporated has a 1 year low of $7.58 and a 1 year high of $16.86. The firm’s 50-day simple moving average is $13.35 and its 200-day simple moving average is $11.29. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.86 and a current ratio of 1.49.

Dana Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, February 28th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.40 annualized dividend and a yield of 2.45%. Dana’s dividend payout ratio (DPR) is -363.60%.

Dana Company Profile

Dana Incorporated, together with its subsidiaries, provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. The company operates through four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies.