Schwartz Investment Counsel Inc. Purchases 34,892 Shares of Distribution Solutions Group, Inc. (NASDAQ:DSGR)

Schwartz Investment Counsel Inc. boosted its holdings in Distribution Solutions Group, Inc. (NASDAQ:DSGR) by 23.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 186,892 shares of the company’s stock after purchasing an additional 34,892 shares during the quarter. Schwartz Investment Counsel Inc. owned approximately 0.40% of Distribution Solutions Group worth $6,429,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Catawba River Capital purchased a new position in shares of Distribution Solutions Group in the 4th quarter worth $6,249,000. Barclays PLC grew its holdings in shares of Distribution Solutions Group by 342.0% in the third quarter. Barclays PLC now owns 17,007 shares of the company’s stock worth $654,000 after purchasing an additional 13,159 shares during the last quarter. Swedbank AB increased its holdings in Distribution Solutions Group by 1.7% during the 4th quarter. Swedbank AB now owns 661,292 shares of the company’s stock worth $22,748,000 after purchasing an additional 11,292 shares during the period. The Manufacturers Life Insurance Company bought a new stake in shares of Distribution Solutions Group in the third quarter valued at about $251,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Distribution Solutions Group in the 3rd quarter worth approximately $150,000. Institutional investors own 91.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Barrington Research upped their price objective 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 Trading Down 1.2 %

NASDAQ DSGR opened at $30.87 on Wednesday. The firm’s fifty day moving average is $35.04 and its two-hundred day moving average is $36.37. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.55 and a current ratio of 2.81. The firm has a market cap of $1.45 billion, a PE ratio of 771.94 and a beta of 0.95. Distribution Solutions Group, Inc. has a one year low of $28.00 and a one year high of $41.47.

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.