Distribution Solutions Group, Inc. (NASDAQ:DSGR) Shares Purchased by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. raised its stake in Distribution Solutions Group, Inc. (NASDAQ:DSGR) by 23.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 186,892 shares of the company’s stock after buying an additional 34,892 shares during the quarter. Schwartz Investment Counsel Inc.’s holdings in Distribution Solutions Group were worth $6,429,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of DSGR. Catawba River Capital purchased a new position in Distribution Solutions Group in the 4th quarter valued at approximately $6,249,000. Swedbank AB increased its position in shares of Distribution Solutions Group by 1.7% in the fourth quarter. Swedbank AB now owns 661,292 shares of the company’s stock valued at $22,748,000 after buying an additional 11,292 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of Distribution Solutions Group by 26.8% during the 4th quarter. SG Americas Securities LLC now owns 4,952 shares of the company’s stock worth $170,000 after buying an additional 1,046 shares during the last quarter. Barclays PLC boosted its position in shares of Distribution Solutions Group by 342.0% in the 3rd quarter. Barclays PLC now owns 17,007 shares of the company’s stock worth $654,000 after buying an additional 13,159 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of Distribution Solutions Group in the 3rd quarter worth about $87,000. 91.64% of the stock is currently owned by institutional investors and hedge funds.

Distribution Solutions Group Price Performance

Distribution Solutions Group stock opened at $30.87 on Wednesday. The firm has a fifty day moving average of $35.04 and a 200-day moving average of $36.37. The company has a quick ratio of 1.55, a current ratio of 2.81 and a debt-to-equity ratio of 1.03. Distribution Solutions Group, Inc. has a 52-week low of $28.00 and a 52-week high of $41.47. The firm has a market capitalization of $1.45 billion, a P/E ratio of 771.94 and a beta of 0.95.

Wall Street Analyst Weigh In

Separately, Barrington Research upped their price target on shares of Distribution Solutions Group from $43.00 to $44.00 and gave the company an “outperform” rating in a report on Wednesday, November 6th.

Distribution Solutions Group Company Profile

Distribution Solutions Group, Inc, a specialty distribution company, engages in the provision of value-added distribution solutions in North America, Europe, Asia, South America, and the Middle East. The company provides its solutions to the maintenance, repair, and operations (MRO); original equipment manufacturer (OEM); and industrial technology markets.