Dover Corp (NYSE:DOV) was upgraded by equities
researchers at Bank of America from a “neutral” rating to a “buy” rating in a
research note issued on Tuesday,The Fly reports.
A number of large investors have made changes to their
positions in the company. Pzena Investment Management LLC boosted its stake in
shares of Dover Corp by 151.1% in the fourth quarter. Pzena Investment
Management LLC now owns 5,671,522 shares of the company’s stock worth
$347,721,000 after buying an additional 3,413,250 shares during the period.
Norges Bank purchased a new stake in Dover Corp during the fourth quarter worth
approximately $67,048,000. WBI Investments Inc. purchased a new stake in Dover
Corp during the fourth quarter worth approximately $41,596,000. Pioneer
Investment Management Inc. purchased a new stake in Dover Corp during the
fourth quarter worth approximately $28,641,000. Finally, Winton Capital Group
Ltd boosted its stake in Dover Corp by 116.3% in the fourth quarter. Winton
Capital Group Ltd now owns 515,758 shares of the company’s stock worth
$31,621,000 after buying an additional 277,282 shares during the last quarter.
Source: American Banking and Market News