DPC (NYSE:DPC) Research Coverage Started at Morgan Stanley

Morgan Stanley started coverage on shares of DPC (NYSE:DPC) in a report published on Monday, Marketbeat reports. The brokerage issued an equal weight rating and a $47.00 target price on the stock.

DPC has been the subject of a number of other research reports. Jefferies Financial Group began coverage on DPC in a report on Monday. They issued a “buy” rating and a $56.00 target price for the company. Wall Street Zen upgraded DPC to a “hold” rating in a report on Saturday, July 4th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.38.

DPC Trading Down 1.6%

DPC opened at $46.89 on Monday. DPC has a 12 month low of $42.90 and a 12 month high of $53.50.

Insider Activity

In other DPC news, Director Dirkson R. Charles bought 903,448 shares of the business’s stock in a transaction dated Friday, June 26th. The shares were purchased at an average price of $33.00 per share, with a total value of $29,813,784.00. Following the completion of the purchase, the director owned 903,448 shares in the company, valued at $29,813,784. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO David John Egan bought 275,363 shares of the business’s stock in a transaction dated Friday, June 26th. The shares were acquired at an average cost of $33.00 per share, for a total transaction of $9,086,979.00. Following the purchase, the chief financial officer owned 294,529 shares of the company’s stock, valued at approximately $9,719,457. The trade was a 1,436.73% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 2,297,621 shares of company stock worth $75,821,493 in the last 90 days.