1 week Ago By Defense World Staff
KLP Kapitalforvaltning AS purchased a new stake in DXP Enterprises, Inc. ( NASDAQ:DXPE – Free Report ) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,800 shares of the industrial products company’s stock, valued at approximately $231,000.
Several other institutional investors and hedge funds also recently modified their holdings of DXPE. JPMorgan Chase & Co. lifted its stake in DXP Enterprises by 193.
3% in the 3rd quarter. JPMorgan Chase & Co. now owns 98,044 shares of the industrial products company’s stock valued at $5,232,000 after acquiring an additional 64,611 shares in the last quarter.
Sei Investments Co. raised its holdings in shares of DXP Enterprises by 11.3% in the fourth quarter.
Sei Investments Co. now owns 89,667 shares of the industrial products company’s stock valued at $7,408,000 after purchasing an additional 9,133 shares during the last quarter. Principal Financial Group Inc.
lifted its position in shares of DXP Enterprises by 3.6% in the fourth quarter. Principal Financial Group Inc.
now owns 71,501 shares of the industrial products company’s stock worth $5,907,000 after purchasing an additional 2,504 shares in the last quarter. Globeflex Capital L P boosted its holdings in DXP Enterprises by 14.5% during the fourth quarter.
Globeflex Capital L P now owns 54,786 shares of the industrial products company’s stock worth $4,526,000 after purchasing an additional 6,923 shares during the last quarter. Finally, 272 Capital LP bought a new position in DXP Enterprises in the third quarter valued at $1,380,000. 74.
82% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth DXPE has been the topic of several analyst reports. StockNews.
com raised shares of DXP Enterprises from a “hold” rating to a “buy” rating in a research report on Wednesday, April 2nd. Stephens increased their price target on DXP Enterprises from $75.00 to $95.
00 and gave the company an “overweight” rating in a research report on Monday, March 10th. DXP Enterprises Price Performance Shares of DXPE opened at $73.16 on Tuesday.
The company has a current ratio of 2.22, a quick ratio of 1.78 and a debt-to-equity ratio of 1.
29. The company’s fifty day simple moving average is $90.24 and its 200 day simple moving average is $77.
63. DXP Enterprises, Inc. has a 1-year low of $43.
25 and a 1-year high of $107.06. The company has a market cap of $1.
15 billion, a price-to-earnings ratio of 18.86 and a beta of 1.29.
DXP Enterprises ( NASDAQ:DXPE – Get Free Report ) last released its quarterly earnings data on Thursday, March 6th. The industrial products company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $0.
89 by $0.49. The company had revenue of $470.
91 million for the quarter, compared to analyst estimates of $447.00 million. DXP Enterprises had a net margin of 3.
75% and a return on equity of 18.74%. On average, research analysts forecast that DXP Enterprises, Inc.
will post 4.07 earnings per share for the current fiscal year. Insiders Place Their Bets In other DXP Enterprises news, Director Timothy P.
Halter sold 5,000 shares of the firm’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $89.75, for a total transaction of $448,750.
00. Following the completion of the sale, the director now owns 45,925 shares of the company’s stock, valued at $4,121,768.75.
This trade represents a 9.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink .
Also, CMO Paz Maestas sold 4,328 shares of the company’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $89.04, for a total transaction of $385,365.
12. Following the completion of the transaction, the chief marketing officer now owns 613,039 shares in the company, valued at approximately $54,584,992.56.
This represents a 0.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders have sold a total of 12,785 shares of company stock valued at $1,139,818 over the last 90 days. 22.40% of the stock is currently owned by insiders.
About DXP Enterprises ( Free Report ) 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). Featured Stories Five stocks we like better than DXP Enterprises How to Invest in Blue Chip Stocks Options Activity Points to More Volatility for Palantir Stock What is the Nasdaq? Complete Overview with History NVIDIA Stock: Oversold, Undervalued — How Low Can It Go? 3 Warren Buffett Stocks to Buy Now MicroStrategy Sees Insider Buy-Sell Action in Q1 Want to see what other hedge funds are holding DXPE? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for DXP Enterprises, Inc. ( NASDAQ:DXPE – Free Report ). Receive News & Ratings for DXP Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DXP Enterprises and related companies with MarketBeat.
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