Teton Advisors Inc. Sells 37,218 Shares of Distribution Solutions Group, Inc. (NASDAQ:DSGR)

Teton Advisors Inc. trimmed its holdings in shares of Distribution Solutions Group, Inc. (NASDAQ:DSGR - Free Report) by 14.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 220,782 shares of the company's stock after selling 37,218 shares during the period. Distribution Solutions Group comprises approximately 2.3% of Teton Advisors Inc.'s holdings, making the stock its 5th biggest holding. Teton Advisors Inc. owned 0.47% of Distribution Solutions Group worth $6,968,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of DSGR. Norwood Investment Partners LP lifted its holdings in shares of Distribution Solutions Group by 99.7% during the 3rd quarter. Norwood Investment Partners LP now owns 935,404 shares of the company's stock valued at $24,321,000 after acquiring an additional 467,079 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Distribution Solutions Group during the 3rd quarter valued at $8,877,000. Vanguard Group Inc. lifted its holdings in shares of Distribution Solutions Group by 100.6% during the 3rd quarter. Vanguard Group Inc. now owns 550,537 shares of the company's stock valued at $14,314,000 after acquiring an additional 276,133 shares in the last quarter. Punch & Associates Investment Management Inc. lifted its holdings in shares of Distribution Solutions Group by 90.9% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 361,278 shares of the company's stock valued at $9,393,000 after acquiring an additional 172,007 shares in the last quarter. Finally, First Dallas Securities Inc. acquired a new position in shares of Distribution Solutions Group during the 3rd quarter valued at $3,558,000. 91.64% of the stock is owned by hedge funds and other institutional investors.

Distribution Solutions Group Stock Up 0.0 %

DSGR stock traded up $0.01 during trading on Friday, reaching $35.55. The stock had a trading volume of 204,681 shares, compared to its average volume of 63,569. Distribution Solutions Group, Inc. has a 1-year low of $20.17 and a 1-year high of $36.61. The company has a current ratio of 2.72, a quick ratio of 1.41 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $1.66 billion, a P/E ratio of -209.11 and a beta of 0.90. The firm has a fifty day moving average price of $32.96 and a 200 day moving average price of $30.07.

Distribution Solutions Group (NASDAQ:DSGR - Get Free Report) last issued its quarterly earnings data on Thursday, March 7th. The company reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.08. Distribution Solutions Group had a negative net margin of 0.57% and a positive return on equity of 6.31%. The firm had revenue of $405.24 million for the quarter, compared to analyst estimates of $417.00 million. During the same quarter in the previous year, the business posted $0.13 EPS. On average, equities analysts anticipate that Distribution Solutions Group, Inc. will post 1.49 earnings per share for the current year.

Analyst Ratings Changes

Separately, Barrington Research lifted their target price on shares of Distribution Solutions Group from $34.00 to $36.00 and gave the company an "outperform" rating in a report on Wednesday, March 13th.

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.