Advisory Research Inc. Sells 30,100 Shares of Distribution Solutions Group, Inc. (NASDAQ:DSGR)

Advisory Research Inc. cut its stake in shares of Distribution Solutions Group, Inc. (NASDAQ:DSGR - Free Report) by 25.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 88,090 shares of the company's stock after selling 30,100 shares during the period. Advisory Research Inc. owned 0.19% of Distribution Solutions Group worth $3,030,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Distribution Solutions Group by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 81,386 shares of the company's stock worth $2,800,000 after acquiring an additional 537 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Distribution Solutions Group by 21.6% in the third quarter. BNP Paribas Financial Markets now owns 5,014 shares of the company's stock valued at $193,000 after purchasing an additional 891 shares during the period. SG Americas Securities LLC lifted 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 grew its stake in Distribution Solutions Group by 8.9% in the 4th quarter. Barclays PLC now owns 18,513 shares of the company's stock valued at $637,000 after buying an additional 1,506 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in Distribution Solutions Group by 47.8% during the fourth quarter. Wells Fargo & Company MN now owns 5,055 shares of the company's stock worth $174,000 after acquiring an additional 1,634 shares during the last quarter. Institutional investors and hedge funds own 91.64% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Barrington Research reiterated an "outperform" rating and set a $44.00 target price on shares of Distribution Solutions Group in a research note on Tuesday, March 11th.

Distribution Solutions Group Stock Performance

Shares of DSGR traded down $1.02 during mid-day trading on Monday, hitting $25.13. 32,401 shares of the company's stock were exchanged, compared to its average volume of 50,513. The stock's 50-day simple moving average is $28.46 and its 200-day simple moving average is $33.85. Distribution Solutions Group, Inc. has a 52 week low of $24.31 and a 52 week high of $41.47. The company has a quick ratio of 1.55, a current ratio of 2.81 and a debt-to-equity ratio of 1.03. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 628.41 and a beta of 0.70.

Distribution Solutions Group 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.