New York State Common Retirement Fund Acquires 3,100 Shares of DXP Enterprises, Inc. (NASDAQ:DXPE)

New York State Common Retirement Fund lifted its holdings in shares of DXP Enterprises, Inc. (NASDAQ:DXPE - Free Report) by 75.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,211 shares of the industrial products company's stock after purchasing an additional 3,100 shares during the period. New York State Common Retirement Fund's holdings in DXP Enterprises were worth $596,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quantbot Technologies LP acquired a new position in shares of DXP Enterprises during the third quarter valued at about $41,000. Longboard Asset Management LP purchased a new stake in shares of DXP Enterprises in the fourth quarter worth approximately $216,000. Savant Capital LLC purchased a new stake in shares of DXP Enterprises in the fourth quarter worth approximately $230,000. Jane Street Group LLC raised its position in DXP Enterprises by 9.6% in the 3rd quarter. Jane Street Group LLC now owns 5,915 shares of the industrial products company's stock valued at $316,000 after buying an additional 517 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC purchased a new stake in DXP Enterprises in the 4th quarter valued at $371,000. 74.82% of the stock is owned by institutional investors and hedge funds.

DXP Enterprises Stock Up 0.3 %

NASDAQ:DXPE traded up $0.24 on Friday, hitting $78.69. The stock had a trading volume of 410,429 shares, compared to its average volume of 152,001. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.78 and a current ratio of 2.22. The stock has a market cap of $1.24 billion, a P/E ratio of 20.28 and a beta of 1.66. DXP Enterprises, Inc. has a 1 year low of $40.21 and a 1 year high of $107.06. The firm's fifty day simple moving average is $94.36 and its two-hundred day simple moving average is $72.63.

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DXP Enterprises (NASDAQ:DXPE - Get Free Report) last announced its earnings results on Thursday, March 6th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.49. DXP Enterprises had a return on equity of 18.74% and a net margin of 3.75%. The firm had revenue of $470.91 million during the quarter, compared to analyst estimates of $447.00 million. Analysts predict that DXP Enterprises, Inc. will post 4.07 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com lowered DXP Enterprises from a "buy" rating to a "hold" rating in a research report on Friday, December 20th.

DXP Enterprises Company Profile

DXP Enterprises, Inc, together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS).