Mutual of America Capital Management LLC Acquires 235 Shares of Dorman Products, Inc. (NASDAQ:DORM)

Mutual of America Capital Management LLC boosted its holdings in shares of Dorman Products, Inc. (NASDAQ:DORM) by 6.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,060 shares of the auto parts company’s stock after buying an additional 235 shares during the period. Mutual of America Capital Management LLC’s holdings in Dorman Products were worth $421,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of DORM. Eaton Vance Management boosted its stake in Dorman Products by 46.4% during the first quarter. Eaton Vance Management now owns 578,564 shares of the auto parts company’s stock valued at $59,384,000 after buying an additional 183,354 shares during the period. BlackRock Inc. lifted its stake in Dorman Products by 3.0% during the first quarter. BlackRock Inc. now owns 4,332,011 shares of the auto parts company’s stock worth $444,637,000 after purchasing an additional 126,047 shares during the last quarter. Loomis Sayles & Co. L P lifted its stake in Dorman Products by 29.5% during the first quarter. Loomis Sayles & Co. L P now owns 530,336 shares of the auto parts company’s stock worth $54,434,000 after purchasing an additional 120,787 shares during the last quarter. Standard Life Aberdeen plc lifted its stake in Dorman Products by 27.3% during the first quarter. Standard Life Aberdeen plc now owns 432,280 shares of the auto parts company’s stock worth $44,413,000 after purchasing an additional 92,652 shares during the last quarter. Finally, Millennium Management LLC lifted its stake in Dorman Products by 565.5% during the first quarter. Millennium Management LLC now owns 80,136 shares of the auto parts company’s stock worth $8,225,000 after purchasing an additional 68,094 shares during the last quarter. 76.00% of the stock is owned by institutional investors.

Separately, Zacks Investment Research lowered Dorman Products from a “buy” rating to a “hold” rating in a research note on Wednesday, September 8th.

Shares of DORM stock opened at $91.08 on Wednesday. The business has a 50-day moving average price of $98.95 and a two-hundred day moving average price of $101.75. Dorman Products, Inc. has a 12-month low of $81.55 and a 12-month high of $113.13. The firm has a market cap of $2.90 billion, a P/E ratio of 21.79 and a beta of 0.75.

Dorman Products (NASDAQ:DORM) last issued its quarterly earnings results on Sunday, July 25th. The auto parts company reported $1.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.04 by $0.06. The firm had revenue of $310.64 million during the quarter, compared to analyst estimates of $286.42 million. Dorman Products had a return on equity of 16.61% and a net margin of 11.21%. On average, equities analysts expect that Dorman Products, Inc. will post 4.62 earnings per share for the current fiscal year.

Dorman Products Profile

Dorman Products, Inc engages in the supply of automotive replacement parts, fasteners, and service line products for the automotive aftermarket. Its products comprise of power-train, automotive body, chassis, and hardware. The company was founded by Steven L. Berman and Richard N. Berman in October 1978 and is headquartered in Colmar, PA.

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Institutional Ownership by Quarter for Dorman Products (NASDAQ:DORM)

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