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

Schwartz Investment Counsel Inc. increased its position in shares of Distribution Solutions Group, Inc. (NASDAQ:DSGR - Free Report) by 23.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 186,892 shares of the company's stock after buying an additional 34,892 shares during the period. Schwartz Investment Counsel Inc. owned about 0.40% of Distribution Solutions Group worth $6,429,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Catawba River Capital purchased a new stake in shares of Distribution Solutions Group during the fourth quarter worth approximately $6,249,000. Swedbank AB increased its stake in shares of Distribution Solutions Group by 1.7% during the fourth quarter. Swedbank AB now owns 661,292 shares of the company's stock worth $22,748,000 after buying an additional 11,292 shares during the period. SG Americas Securities LLC increased its stake in shares of Distribution Solutions Group by 26.8% during the fourth 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 period. Barclays PLC increased its stake in Distribution Solutions Group by 342.0% in the third quarter. Barclays PLC now owns 17,007 shares of the company's stock valued at $654,000 after purchasing an additional 13,159 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Distribution Solutions Group in the third quarter valued at approximately $87,000. 91.64% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Distribution Solutions Group Stock Up 0.1 %

Distribution Solutions Group stock traded up $0.03 during mid-day trading on Friday, hitting $30.44. The company had a trading volume of 41,186 shares, compared to its average volume of 32,324. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 761.19 and a beta of 0.95. Distribution Solutions Group, Inc. has a 1 year low of $28.00 and a 1 year 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 business has a fifty day moving average of $34.33 and a 200 day moving average of $36.24.

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.