Morgan Dempsey Capital Management Has Lifted Its The Gorman (GRC) Holding; Shorts at Dsw (DSW) Raised By 0.86%

November 14, 2017 - By Peter Erickson

Dsw Incorporated (NYSE:DSW) had an increase of 0.86% in short interest. DSW’s SI was 12.48M shares in November as released by FINRA. Its up 0.86% from 12.37 million shares previously. With 2.05M avg volume, 6 days are for Dsw Incorporated (NYSE:DSW)’s short sellers to cover DSW’s short positions. The SI to Dsw Incorporated’s float is 19.25%. The stock decreased 0.46% or $0.09 during the last trading session, reaching $19.62. About shares traded. DSW Inc. (NYSE:DSW) has declined 16.80% since November 14, 2016 and is downtrending. It has underperformed by 33.50% the S&P500.

Morgan Dempsey Capital Management Llc increased The Gorman (GRC) stake by 10.55% reported in 2017Q2 SEC filing. Morgan Dempsey Capital Management Llc acquired 22,483 shares as The Gorman (GRC)’s stock declined 19.22%. The Morgan Dempsey Capital Management Llc holds 235,581 shares with $6.00M value, up from 213,098 last quarter. The Gorman now has $795.73M valuation. The stock increased 0.93% or $0.28 on November 13, reaching $30.48. About shares traded. Gorman-Rupp Co (NYSEMKT:GRC) has declined 10.04% since November 14, 2016 and is downtrending. It has underperformed by 26.74% the S&P500.

Among 3 analysts covering Gorman-Rupp Co (NYSEMKT:GRC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Gorman-Rupp Co had 6 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, August 25 by Boenning & Scattergood. The firm has “Outperform” rating given on Friday, July 24 by Boenning & Scattergood. The company was initiated on Tuesday, September 20 by Sidoti. The stock of Gorman-Rupp Co (NYSE:GRC) earned “Outperform” rating by Boenning & Scattergood on Friday, January 22. The rating was downgraded by Boenning & Scattergood to “Neutral” on Tuesday, December 1.

Investors sentiment increased to 1.58 in Q2 2017. Its up 0.39, from 1.19 in 2017Q1. It is positive, as 15 investors sold GRC shares while 16 reduced holdings. 12 funds opened positions while 37 raised stakes. 13.46 million shares or 1.54% less from 13.67 million shares in 2017Q1 were reported. Gotham Asset Mgmt Ltd Liability Company, New York-based fund reported 12,663 shares. Teton Advisors has invested 0.31% of its portfolio in Gorman-Rupp Co (NYSE:GRC). Bnp Paribas Arbitrage stated it has 0% in Gorman-Rupp Co (NYSE:GRC). Moreover, Grace White has 2.05% invested in Gorman-Rupp Co (NYSE:GRC) for 368,515 shares. Us Comml Bank De invested in 0.01% or 143,727 shares. Moreover, Secor Advsr Limited Partnership has 0.02% invested in Gorman-Rupp Co (NYSE:GRC) for 8,761 shares. D E Shaw & has invested 0% in Gorman-Rupp Co (NYSE:GRC). Bank Of Ny Mellon stated it has 165,407 shares. Moreover, Blackrock has 0% invested in Gorman-Rupp Co (NYSE:GRC) for 1.17M shares. Rhumbline Advisers invested 0% of its portfolio in Gorman-Rupp Co (NYSE:GRC). Schwab Charles Inv Mngmt holds 75,435 shares or 0% of its portfolio. Keybank Natl Association Oh has invested 0.05% in Gorman-Rupp Co (NYSE:GRC). Royal National Bank & Trust Of Canada holds 0% or 18,289 shares in its portfolio. Invesco holds 0% in Gorman-Rupp Co (NYSE:GRC) or 101,207 shares. Alliancebernstein Lp reported 25,513 shares.

Since May 31, 2017, it had 2 insider buys, and 0 insider sales for $4,416 activity. The insider Wischmeier D Patrick bought 80 shares worth $1,926. WALSTON W WAYNE had bought 100 shares worth $2,490.

Among 22 analysts covering DSW Inc (NYSE:DSW), 7 have Buy rating, 1 Sell and 14 Hold. Therefore 32% are positive. DSW Inc had 70 analyst reports since August 4, 2015 according to SRatingsIntel. Canaccord Genuity maintained the stock with “Hold” rating in Wednesday, March 16 report. Deutsche Bank upgraded DSW Inc. (NYSE:DSW) on Tuesday, July 25 to “Buy” rating. The stock of DSW Inc. (NYSE:DSW) has “Neutral” rating given on Wednesday, August 23 by Citigroup. Buckingham Research maintained the stock with “Buy” rating in Wednesday, November 4 report. The stock has “Buy” rating by B. Riley & Co on Wednesday, August 23. The firm earned “Buy” rating on Wednesday, March 16 by Buckingham Research. Wedbush downgraded DSW Inc. (NYSE:DSW) on Wednesday, November 1 to “Neutral” rating. Canaccord Genuity maintained the stock with “Hold” rating in Monday, August 29 report. The stock of DSW Inc. (NYSE:DSW) has “Hold” rating given on Friday, October 16 by BB&T Capital. The rating was downgraded by M Partners on Wednesday, November 4 to “Neutral”.

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