Dana Incorporated (NYSE:DAN) is expected to pay $0.06 on Dec 2, 2016. The indicated annual dividend is $0.24. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Dana Incorporated’s current price of $15.09, the dividend is 0.40%. This dividend’s record date is Nov 11, 2016 and the announcement date is Oct 28, 2016. The stock increased 0.33% or $0.05 on November 4, hitting $15.09. Dana Inc (NYSE:DAN) has risen 16.35% since April 5, 2016 and is uptrending. It has outperformed by 14.39% the S&P500.
Dana Inc, formerly Dana Holding Corporation, is a well-known provider of high technology driveline, sealing and thermal-management products. The company has a market cap of $2.13 billion. The Firm offers its products to vehicle manufacturers in the global light vehicle, medium/heavy vehicle and off-highway markets. It has a 31.04 P/E ratio. The Firm operates in four divisions: Light Vehicle Driveline Technologies , Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies.
Insitutional Activity: The institutional sentiment increased to 1.15 in 2016 Q2. Its up 0.27, from 0.88 in 2016Q1. The ratio increased, as 33 funds sold all Dana Inc shares owned while 65 reduced positions. 35 funds bought stakes while 78 increased positions. They now own 140.54 million shares or 6.39% less from 150.13 million shares in 2016Q1.
Guardian holds 0% of its portfolio in Dana Inc (NYSE:DAN) for 3,000 shares. Teachers Retirement System Of The State Of Kentucky holds 0.01% or 44,400 shares in its portfolio. Royal Savings Bank Of Canada owns 130,822 shares or 0% of their US portfolio. Connor Clark & Lunn Investment Mgmt, a British Columbia – Canada-based fund reported 17,800 shares. Liberty Mutual Group Asset Management owns 64,842 shares or 0.03% of their US portfolio. Martingale Asset L P has invested 0.02% of its portfolio in Dana Inc (NYSE:DAN). Federated Pa accumulated 0% or 126,532 shares. Moreover, Airain has 0.13% invested in Dana Inc (NYSE:DAN) for 210,908 shares. Mutual Of America Capital Limited Liability has 0.02% invested in the company for 108,083 shares. The United Kingdom-based Barclays Public Ltd Company has invested 0% in Dana Inc (NYSE:DAN). Engineers Gate Manager Lp reported 92,571 shares or 0.07% of all its holdings. The Pennsylvania-based Nationwide Fund Advsr has invested 0.05% in Dana Inc (NYSE:DAN). Scopus Asset Mngmt L P has 0.03% invested in the company for 200,000 shares. Moreover, Two Sigma Securities Ltd Liability Corporation has 0.08% invested in Dana Inc (NYSE:DAN) for 13,204 shares. Prentiss Smith holds 1,000 shares or 0.01% of its portfolio.
Insider Transactions: Since August 23, 2016, the stock had 0 buys, and 2 insider sales for $227,492 net activity. 10,201 Dana Inc (NYSE:DAN) shares with value of $148,935 were sold by SCHULZ MARK A.
Dana Inc (NYSE:DAN) Ratings Coverage
Out of 4 analysts covering Dana Holding Corp (NYSE:DAN), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. Dana Holding Corp has been the topic of 16 analyst reports since September 28, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained it with “Hold” rating and $18 target price in Friday, October 23 report. The firm earned “Sector Perform” rating on Friday, October 23 by RBC Capital Markets. The firm has “Equalweight” rating by Barclays Capital given on Monday, January 25. The stock of Dana Inc (NYSE:DAN) has “Outperform” rating given on Friday, October 23 by FBR Capital. Barclays Capital maintained Dana Inc (NYSE:DAN) on Friday, October 23 with “Equal Weight” rating. The company was maintained on Friday, July 22 by RBC Capital Markets. The firm has “Overweight” rating given on Friday, September 16 by Barclays Capital. FBR Capital maintained Dana Inc (NYSE:DAN) on Friday, February 19 with “Outperform” rating.
More important recent Dana Inc (NYSE:DAN) news were published by: Toledoblade.com which released: “Dana Holding changes name to Dana Inc.” on July 21, 2016, also Toledoblade.com published article titled: “Dana Inc. reported dip in 3rd-quarter results”, Reuters.com published: “BRIEF-Dana Inc Q3 earnings per share $0.39” on October 20, 2016. More interesting news about Dana Inc (NYSE:DAN) was released by: Forbes.com and their article: “Ex-Dividend Reminder: J.M. Smucker, Dana and Penske Automotive Group” with publication date: November 04, 2016.
DAN Company Profile
Dana Inc, formerly Dana Holding Corporation, incorporated on December 7, 2007, is a well-known provider of high technology driveline, sealing and thermal-management products. The Firm offers its products to vehicle manufacturers in the global light vehicle, medium/heavy vehicle and off-highway markets. The Firm operates in four divisions: Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies. It has activities in North America, South America, Europe and Asia pacific.
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