The Dana Holding Corp. (DAN) Director Mark A. Schulz Sells 6,963 Shares

The Dana Holding Corp. (DAN) Director Mark A. Schulz Sells 6,963 Shares

Dana Holding Corp. (NYSE:DAN) Director Mark A. Schulz sold 6,963 shares of Dana Holding Corp. stock in a transaction dated Wednesday, January 18th. The shares were sold at an average price of $19.46, for a total value of $135,499.98. Following the sale, the director now directly owns 21,963 shares in the company, valued at $427,399.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Dana Holding Corp. (NYSE:DAN) remained flat at $19.52 during trading on Thursday. 1,371,957 shares of the company were exchanged. Dana Holding Corp. has a 12-month low of $9.80 and a 12-month high of $19.89. The stock has a market capitalization of $2.81 billion, a PE ratio of 39.76 and a beta of 1.59. The firm has a 50-day moving average price of $19.03 and a 200 day moving average price of $15.54.

A number of brokerages have recently commented on DAN. Zacks Investment Research raised Dana Holding Corp. from a “sell” rating to a “buy” rating and set a $22.00 price target on the stock in a research note on Wednesday, January 11th. Barclays PLC reissued a “buy” rating and set a $22.00 price target on shares of Dana Holding Corp. in a research note on Wednesday, January 11th. RBC Capital Markets reissued a “buy” rating and set a $24.00 price target on shares of Dana Holding Corp. in a research note on Tuesday, January 3rd. Royal Bank Of Canada raised Dana Holding Corp. from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from $17.00 to $24.00 in a research note on Tuesday, December 20th. Finally, Deutsche Bank AG raised Dana Holding Corp. from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $16.00 to $20.00 in a research note on Thursday, December 1st. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Dana Holding Corp. currently has a consensus rating of “Buy” and a consensus target price of $21.50.

Institutional investors have recently made changes to their positions in the stock. LS Investment Advisors LLC raised its position in shares of Dana Holding Corp. by 3.1% in the third quarter. LS Investment Advisors LLC now owns 9,375 shares of the company’s stock valued at $146,000 after buying an additional 283 shares during the period. Oakbrook Investments LLC raised its position in shares of Dana Holding Corp. by 4.3% in the second quarter. Oakbrook Investments LLC now owns 12,100 shares of the company’s stock valued at $128,000 after buying an additional 500 shares during the period. BlackRock Group LTD raised its position in shares of Dana Holding Corp. by 1.0% in the second quarter. BlackRock Group LTD now owns 108,621 shares of the company’s stock valued at $1,147,000 after buying an additional 1,029 shares during the period. BlackRock Inc. raised its position in shares of Dana Holding Corp. by 1.5% in the third quarter. BlackRock Inc. now owns 95,353 shares of the company’s stock valued at $1,486,000 after buying an additional 1,407 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in shares of Dana Holding Corp. by 0.6% in the second quarter. Thrivent Financial for Lutherans now owns 316,370 shares of the company’s stock valued at $3,341,000 after buying an additional 1,740 shares during the period. Hedge funds and other institutional investors own 96.06% of the company’s stock.

Dana Holding Corp. Company Profile

Dana Inc, formerly Dana Holding Corporation, is a provider of high technology driveline, sealing and thermal-management products. The Company offers its products to vehicle manufacturers in the global light vehicle, medium/heavy vehicle and off-highway markets. The Company operates in four segments: Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies.

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