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

Mutual of America Capital Management LLC lifted its holdings in shares of Dorman Products, Inc. (NASDAQ:DORM) by 6.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,060 shares of the auto parts company’s stock after purchasing an additional 235 shares during the period. Mutual of America Capital Management LLC’s holdings in Dorman Products were worth $421,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Oppenheimer Asset Management Inc. boosted its position in shares of Dorman Products by 1.2% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 10,506 shares of the auto parts company’s stock valued at $1,089,000 after purchasing an additional 127 shares in the last quarter. Park Avenue Securities LLC boosted its position in shares of Dorman Products by 5.3% during the 2nd quarter. Park Avenue Securities LLC now owns 3,835 shares of the auto parts company’s stock valued at $398,000 after purchasing an additional 194 shares in the last quarter. Swiss National Bank boosted its position in shares of Dorman Products by 0.3% during the 1st quarter. Swiss National Bank now owns 62,700 shares of the auto parts company’s stock valued at $6,436,000 after purchasing an additional 200 shares in the last quarter. GSA Capital Partners LLP boosted its holdings in Dorman Products by 8.7% in the second quarter. GSA Capital Partners LLP now owns 2,821 shares of the auto parts company’s stock worth $292,000 after acquiring an additional 226 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in Dorman Products by 0.3% in the first quarter. Rhumbline Advisers now owns 82,220 shares of the auto parts company’s stock worth $8,439,000 after acquiring an additional 233 shares in the last quarter. Institutional investors own 76.00% of the company’s stock.

Shares of NASDAQ:DORM opened at $91.08 on Wednesday. The business’s 50 day simple moving average is $98.95 and its two-hundred day simple moving average is $101.75. 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, Inc. has a 52-week low of $81.55 and a 52-week high of $113.13.

Dorman Products (NASDAQ:DORM) last announced its quarterly earnings results on Sunday, July 25th. The auto parts company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.06. The business had revenue of $310.64 million for 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 research analysts expect that Dorman Products, Inc. will post 4.62 earnings per share for the current year.

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

About Dorman Products

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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