Distribution Solutions Group, Inc. (NASDAQ:DSGR) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in Distribution Solutions Group, Inc. (NASDAQ:DSGR) by 0.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 81,386 shares of the company’s stock after buying an additional 537 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Distribution Solutions Group were worth $2,800,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DSGR. Catawba River Capital purchased a new stake in shares of Distribution Solutions Group in the fourth quarter valued at approximately $6,249,000. Schwartz Investment Counsel Inc. grew its stake in Distribution Solutions Group by 23.0% in the 4th quarter. Schwartz Investment Counsel Inc. now owns 186,892 shares of the company’s stock valued at $6,429,000 after acquiring an additional 34,892 shares during the period. Barclays PLC increased its holdings in Distribution Solutions Group by 342.0% in the 3rd quarter. Barclays PLC now owns 17,007 shares of the company’s stock worth $654,000 after acquiring an additional 13,159 shares in the last quarter. Swedbank AB raised its position in 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 acquiring an additional 11,292 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new position in Distribution Solutions Group during the third quarter valued at $251,000. Hedge funds and other institutional investors own 91.64% of the company’s stock.

Distribution Solutions Group Stock Performance

Shares of NASDAQ:DSGR opened at $28.20 on Friday. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.81 and a quick ratio of 1.55. Distribution Solutions Group, Inc. has a 1 year low of $27.58 and a 1 year high of $41.47. The firm has a market capitalization of $1.31 billion, a PE ratio of 705.18 and a beta of 0.92. The business’s 50 day moving average price is $30.63 and its 200-day moving average price is $35.16.

Wall Street Analyst Weigh In

Separately, Barrington Research restated an “outperform” rating and set a $44.00 price target on shares of Distribution Solutions Group in a research report on Tuesday, March 11th.

About Distribution Solutions Group

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.