Bank of America Upgraded Dover Corp (DOV)


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.



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