Militia Capital Partners LP Has $735,000 Holdings in Distribution Solutions Group, Inc. $DSGR

Key Points

• Militia Capital Partners LP reduced its stake in Distribution Solutions Group, Inc. ($DSGR) by 23.3%, now holding approximately $735,000 worth of shares following the sale of 7,961 shares.
• The company missed analysts' earnings expectation for the last quarter, reporting earnings of $0.35 per share compared to a consensus estimate of $0.36, although it exceeded revenue expectations with $502.44 million.
• Distribution Solutions Group's shares recently received an "outperform" rating from Barrington Research, with a revised price target raised to $41.00, indicating continued confidence from analysts.

Militia Capital Partners LP cut its stake in Distribution Solutions Group, Inc. (NASDAQ:DSGR - Free Report) by 23.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,235 shares of the company's stock after selling 7,961 shares during the period. Militia Capital Partners LP owned approximately 0.06% of Distribution Solutions Group worth $735,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Rhumbline Advisers boosted its holdings in Distribution Solutions Group by 3.8% in the 1st quarter. Rhumbline Advisers now owns 14,710 shares of the company's stock valued at $412,000 after purchasing an additional 532 shares during the period. Jane Street Group LLC boosted its holdings in Distribution Solutions Group by 214.2% in the 1st quarter. Jane Street Group LLC now owns 23,586 shares of the company's stock valued at $660,000 after purchasing an additional 16,080 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in Distribution Solutions Group in the 1st quarter valued at $387,000. Nuveen LLC bought a new stake in Distribution Solutions Group in the 1st quarter valued at $876,000. Finally, Empirical Finance LLC bought a new stake in Distribution Solutions Group in the 1st quarter valued at $413,000. 91.64% of the stock is owned by institutional investors.

Distribution Solutions Group Trading Up 2.1%

Shares of Distribution Solutions Group stock opened at $31.56 on Friday. The stock has a market capitalization of $1.46 billion, a P/E ratio of 350.67 and a beta of 0.56. The company has a quick ratio of 1.36, a current ratio of 2.59 and a debt-to-equity ratio of 1.04. The company has a 50-day simple moving average of $30.66 and a 200 day simple moving average of $28.58. Distribution Solutions Group, Inc. has a 12-month low of $21.87 and a 12-month high of $41.47.

Distribution Solutions Group (NASDAQ:DSGR - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by ($0.01). The firm had revenue of $502.44 million for the quarter, compared to analyst estimates of $484.43 million. Distribution Solutions Group had a return on equity of 10.51% and a net margin of 0.22%. Research analysts expect that Distribution Solutions Group, Inc. will post 1.28 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Barrington Research raised their price objective on shares of Distribution Solutions Group from $39.00 to $41.00 and gave the stock an "outperform" rating in a report on Monday, August 25th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $41.00.

Distribution Solutions Group Company 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.

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