Dimensional Fund Advisors LP Buys 14,059 Shares of Distribution Solutions Group, Inc. (NASDAQ:DSGR)

Dimensional Fund Advisors LP lifted its stake in Distribution Solutions Group, Inc. (NASDAQ:DSGR - Free Report) by 1.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 915,208 shares of the company's stock after buying an additional 14,059 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.96% of Distribution Solutions Group worth $27,457,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DSGR. BNP Paribas Financial Markets lifted its stake in Distribution Solutions Group by 8.6% in the 1st quarter. BNP Paribas Financial Markets now owns 8,500 shares of the company's stock worth $302,000 after purchasing an additional 676 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Distribution Solutions Group by 4.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 9,417 shares of the company's stock worth $335,000 after buying an additional 406 shares in the last quarter. Inspire Investing LLC bought a new position in Distribution Solutions Group during the first quarter valued at approximately $352,000. California State Teachers Retirement System grew its holdings in Distribution Solutions Group by 15.7% during the 1st quarter. California State Teachers Retirement System now owns 11,530 shares of the company's stock valued at $409,000 after buying an additional 1,563 shares in the last quarter. Finally, Rhumbline Advisers grew its holdings in Distribution Solutions Group by 11.1% during the 2nd quarter. Rhumbline Advisers now owns 13,986 shares of the company's stock valued at $420,000 after buying an additional 1,398 shares in the last quarter. 91.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Barrington Research increased their target price on Distribution Solutions Group from $40.00 to $43.00 and gave the company an "outperform" rating in a research report on Monday, August 19th. Stephens reiterated an "overweight" rating and set a $42.00 price objective on shares of Distribution Solutions Group in a research report on Monday, August 5th.

Distribution Solutions Group Trading Down 0.2 %

NASDAQ DSGR traded down $0.08 during trading hours on Thursday, hitting $37.89. 47,779 shares of the company were exchanged, compared to its average volume of 53,278. The stock has a market cap of $1.77 billion, a PE ratio of -90.40 and a beta of 0.97. Distribution Solutions Group, Inc. has a 52 week low of $22.91 and a 52 week high of $39.43. The stock has a 50-day moving average price of $35.45 and a 200 day moving average price of $33.83. The company has a quick ratio of 1.28, a current ratio of 2.50 and a debt-to-equity ratio of 0.88.

Distribution Solutions Group (NASDAQ:DSGR - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.08. Distribution Solutions Group had a positive return on equity of 7.42% and a negative net margin of 1.25%. The company had revenue of $439.54 million for the quarter, compared to analyst estimates of $437.40 million. During the same quarter in the prior year, the firm posted $0.26 EPS. Analysts forecast that Distribution Solutions Group, Inc. will post 1.39 earnings per share for the current fiscal year.

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.