9,013 Shares in Dorman Products, Inc. (NASDAQ:DORM) Acquired by Zions Bancorporation N.A.

Zions Bancorporation N.A. bought a new stake in Dorman Products, Inc. (NASDAQ:DORM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,013 shares of the auto parts company’s stock, valued at approximately $1,168,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp increased its position in shares of Dorman Products by 518.4% during the 4th quarter. Jones Financial Companies Lllp now owns 235 shares of the auto parts company’s stock worth $30,000 after purchasing an additional 197 shares during the last quarter. Quent Capital LLC acquired a new stake in shares of Dorman Products during the fourth quarter valued at about $31,000. Westside Investment Management Inc. purchased a new stake in shares of Dorman Products in the 3rd quarter valued at approximately $29,000. Advisors Asset Management Inc. acquired a new position in shares of Dorman Products in the 3rd quarter worth approximately $31,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in shares of Dorman Products during the 4th quarter worth approximately $42,000. Hedge funds and other institutional investors own 84.70% of the company’s stock.

Dorman Products Stock Performance

NASDAQ DORM opened at $126.00 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.34 and a quick ratio of 1.16. The company has a market cap of $3.85 billion, a P/E ratio of 21.07 and a beta of 0.84. The stock has a 50-day moving average of $128.21 and a two-hundred day moving average of $126.50. Dorman Products, Inc. has a 1-year low of $86.61 and a 1-year high of $146.60.

Dorman Products (NASDAQ:DORM) last announced its quarterly earnings data on Wednesday, February 26th. The auto parts company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.99 by $0.21. The firm had revenue of $533.77 million during the quarter, compared to analysts’ expectations of $523.95 million. Dorman Products had a net margin of 9.43% and a return on equity of 16.95%. As a group, analysts anticipate that Dorman Products, Inc. will post 6.9 EPS for the current year.

Insider Transactions at Dorman Products

In related news, Director Steven L. Berman sold 9,238 shares of the business’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $132.73, for a total transaction of $1,226,159.74. Following the completion of the transaction, the director now directly owns 788,688 shares of the company’s stock, valued at $104,682,558.24. The trade was a 1.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Donna M. Long sold 742 shares of the stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $130.38, for a total value of $96,741.96. Following the completion of the sale, the senior vice president now directly owns 19,894 shares in the company, valued at $2,593,779.72. This represents a 3.60 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 33,475 shares of company stock valued at $4,397,374. 10.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, StockNews.com lowered Dorman Products from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 14th.

Dorman Products Company Profile

Dorman Products, Inc supplies replacement and upgrade parts for passenger cars, light trucks, medium- and heavy-duty trucks, utility terrain vehicles, and all-terrain vehicles in the motor vehicle aftermarket industry in the United States and internationally. It offers engine products, including intake and exhaust manifolds, fans, thermostat housings, and throttle bodies; undercar products comprising fluid lines, fluid reservoirs, connectors, 4-wheel drive components and axles, drain plugs, other engine, and transmission and axle components; steering and suspension products consist of control arms, ball joints, tie-rod ends, brake hardware and hydraulics, wheel and axle hardware, suspension arms, knuckles, links, bushings, and leaf springs, as well as other suspension, steering, and brake components; body products, such as door handles and hinges, window lift motors, window regulators, switches and handles, wiper components, lighting, electrical, and other interior and exterior vehicle body components, including windshields for UTVs; electronics products comprise new and remanufactured modules, clusters and sensors; and hardware products, such as threaded bolts and auto body fasteners, automotive and home electrical wiring components, and other hardware assortments and merchandise.