Fulton Bank Has Lifted Its Cdn Imperial Bk Comm Toronto (CM) Position; Last Week Dover (DOV) Coverage

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Fulton Bank increased Cdn Imperial Bk Comm Toronto (CM) stake by 314.31% reported in 2017Q4 SEC filing. Fulton Bank acquired 13,440 shares as Cdn Imperial Bk Comm Toronto (CM)’s stock declined 9.42%. The Fulton Bank holds 17,716 shares with $1.73 million value, up from 4,276 last quarter. Cdn Imperial Bk Comm Toronto now has $38.92B valuation. The stock decreased 0.23% or $0.2 during the last trading session, reaching $87.05. About 260,753 shares traded. Canadian Imperial Bank of Commerce (NYSE:CM) has risen 0.83% since May 1, 2017 and is uptrending. It has underperformed by 10.72% the S&P500.

Among 23 analysts covering Dover (NYSE:DOV), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Dover had 104 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, January 17. The stock of Dover Corporation (NYSE:DOV) has “Equal-Weight” rating given on Thursday, March 17 by Barclays Capital. Morgan Stanley maintained the shares of DOV in report on Monday, October 2 with “Overweight” rating. Bernstein upgraded the shares of DOV in report on Monday, August 31 to “Outperform” rating. The rating was downgraded by UBS to “Sell” on Wednesday, January 13. Oppenheimer maintained the stock with “Hold” rating in Tuesday, August 8 report. As per Friday, July 14, the company rating was maintained by Stifel Nicolaus. Stifel Nicolaus maintained Dover Corporation (NYSE:DOV) on Monday, April 30 with “Hold” rating. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, January 25 report. BMO Capital Markets maintained the shares of DOV in report on Wednesday, January 31 with “Buy” rating. See Dover Corporation (NYSE:DOV) latest ratings:

30/04/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $113 New Target: $106 Maintain
30/04/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $115 New Target: $105 Maintain
30/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $102 New Target: $104 Maintain
30/04/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $120 New Target: $113 Maintain
30/04/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $118 New Target: $115 Maintain
18/04/2018 Broker: SunTrust Rating: Hold New Target: $105.0000 Maintain
16/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $115 New Target: $102 Maintain
05/04/2018 Broker: RBC Capital Markets Rating: Hold New Target: $100.0000 Maintain
26/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade
15/02/2018 Broker: Barclays Capital Rating: Overweight New Target: $120 Initiates Coverage On

Dover Corporation manufactures and sells a range of equipment and components, specialty systems, software and digital solutions, and support services worldwide. The company has market cap of $14.34 billion. The firm operates in four divisions: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. It has a 18 P/E ratio. The Energy segment provides solutions and services for the production and processing of fuels to drilling and production, bearings and compression, and automation end markets.

The stock decreased 2.77% or $2.64 during the last trading session, reaching $92.7. About 3.21 million shares traded or 101.94% up from the average. Dover Corporation (NYSE:DOV) has risen 25.93% since May 1, 2017 and is uptrending. It has outperformed by 14.38% the S&P500.

Since February 26, 2018, it had 1 buying transaction, and 4 insider sales for $1.43 million activity. Shares for $549,708 were sold by Kosinski Anthony K. 5,000 Dover Corporation (NYSE:DOV) shares with value of $511,965 were sold by Somasundaram Sivasankaran. 635 shares valued at $61,908 were bought by Burns Patrick on Friday, March 2. On Friday, March 9 the insider Goldberg Paul sold $336,600.

Investors sentiment decreased to 0.99 in Q4 2017. Its down 0.05, from 1.04 in 2017Q3. It worsened, as 39 investors sold Dover Corporation shares while 192 reduced holdings. 71 funds opened positions while 157 raised stakes. 132.15 million shares or 1.50% more from 130.20 million shares in 2017Q3 were reported. Tributary Mgmt Ltd Liability Co has invested 0.15% in Dover Corporation (NYSE:DOV). Montag A And Assoc owns 32,300 shares. Whittier Trust Co has invested 0% in Dover Corporation (NYSE:DOV). Atlantic Tru Grp Incorporated Llc reported 5,732 shares. Connors Investor Inc reported 0.07% in Dover Corporation (NYSE:DOV). 5.78M were accumulated by Franklin Resource. Dupont Capital Mngmt, Delaware-based fund reported 9,063 shares. Marco Ltd Liability Company owns 0.09% invested in Dover Corporation (NYSE:DOV) for 6,047 shares. Everence Mngmt holds 0.19% in Dover Corporation (NYSE:DOV) or 8,686 shares. Synovus Fin has invested 0.01% in Dover Corporation (NYSE:DOV). Scopus Asset Mgmt Limited Partnership accumulated 310,000 shares. Salem Cap Mgmt invested in 0.13% or 2,550 shares. Johnson Invest Counsel holds 0.4% of its portfolio in Dover Corporation (NYSE:DOV) for 157,845 shares. Luminus has 58,700 shares. Laurion Capital Mngmt Limited Partnership reported 50,830 shares.

Dover Corporation (NYSE:DOV) Institutional Positions Chart