1 week Ago By ABMN Staff
Norges Bank purchased a new stake in shares of DXP Enterprises, Inc. ( NASDAQ:DXPE – Free Report ) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,100 shares of the industrial products company’s stock, valued at approximately $669,000.
Several other hedge funds have also recently bought and sold shares of the business. JPMorgan Chase & Co. grew its stake in DXP Enterprises by 26.
5% during the 4th quarter. JPMorgan Chase & Co. now owns 123,986 shares of the industrial products company’s stock valued at $10,244,000 after acquiring an additional 25,942 shares in the last quarter.
Sei Investments Co. grew its position in DXP Enterprises by 11.3% during 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 in the last quarter. Principal Financial Group Inc.
grew its position in DXP Enterprises by 3.6% during the fourth quarter. Principal Financial Group Inc.
now owns 71,501 shares of the industrial products company’s stock valued at $5,907,000 after purchasing an additional 2,504 shares in the last quarter. Globeflex Capital L P increased its stake in DXP Enterprises by 14.5% in the 4th quarter.
Globeflex Capital L P now owns 54,786 shares of the industrial products company’s stock valued at $4,526,000 after buying an additional 6,923 shares during the period. Finally, Prudential Financial Inc. lifted its position in DXP Enterprises by 96.
2% in the 4th quarter. Prudential Financial Inc. now owns 26,105 shares of the industrial products company’s stock worth $2,157,000 after buying an additional 12,800 shares in the last quarter.
74.82% of the stock is owned by hedge funds and other institutional investors. DXP Enterprises Trading Up 1.
3 % Shares of NASDAQ DXPE opened at $79.14 on Friday. The business has a 50 day simple moving average of $87.
47 and a 200 day simple moving average of $78.32. DXP Enterprises, Inc.
has a 52 week low of $43.25 and a 52 week high of $107.06.
The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 20.40 and a beta of 1.
29. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.
78 and a current ratio of 2.22. Wall Street Analysts Forecast Growth Several equities analysts have recently commented on DXPE shares.
StockNews.com cut shares of DXP Enterprises from a “buy” rating to a “hold” rating in a report on Thursday. Stephens lifted their price objective on DXP Enterprises from $75.
00 to $95.00 and gave the company an “overweight” rating in a research report on Monday, March 10th. View Our Latest Analysis on DXPE Insider Activity at DXP Enterprises In related news, CEO David R.
Little acquired 5,999 shares of the business’s stock in a transaction that occurred on Wednesday, March 26th. The shares were acquired at an average cost of $82.70 per share, with a total value of $496,117.
30. Following the purchase, the chief executive officer now owns 1,257,593 shares of the company’s stock, valued at approximately $104,002,941.10.
The trade was a 0.48 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website .
Also, CFO Kent Nee Hung Yee sold 3,457 shares of the business’s stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $88.43, for a total value of $305,702.
51. Following the completion of the sale, the chief financial officer now owns 68,849 shares of the company’s stock, valued at approximately $6,088,317.07.
This trade represents a 4.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
In the last 90 days, insiders sold 12,785 shares of company stock valued at $1,139,818. Insiders own 22.40% of the company’s stock.
DXP Enterprises Profile ( 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). See Also 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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