Frontier Capital Management Co. LLC increased its holdings in DXP Enterprises Inc (NASDAQ:DXPE) by 7.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,089,679 shares of the industrial products company’s stock after buying an additional 77,365 shares during the period. Frontier Capital Management Co. LLC owned about 0.06% of DXP Enterprises worth $32,222,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of DXPE. Bank of New York Mellon Corp raised its stake in DXP Enterprises by 14.6% in the second quarter. Bank of New York Mellon Corp now owns 200,529 shares of the industrial products company’s stock worth $6,919,000 after buying an additional 25,588 shares in the last quarter. Legal & General Group Plc raised its stake in DXP Enterprises by 11.2% in the second quarter. Legal & General Group Plc now owns 28,177 shares of the industrial products company’s stock worth $973,000 after buying an additional 2,847 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in DXP Enterprises by 63.1% in the second quarter. BNP Paribas Arbitrage SA now owns 5,688 shares of the industrial products company’s stock worth $196,000 after buying an additional 2,201 shares in the last quarter. Principal Financial Group Inc. raised its stake in DXP Enterprises by 0.5% in the second quarter. Principal Financial Group Inc. now owns 117,910 shares of the industrial products company’s stock worth $4,068,000 after buying an additional 638 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. raised its stake in DXP Enterprises by 8.1% in the second quarter. Oppenheimer Asset Management Inc. now owns 2,915 shares of the industrial products company’s stock worth $101,000 after buying an additional 219 shares in the last quarter. 74.25% of the stock is owned by institutional investors.

DXP Enterprises Inc (NASDAQ:DXPE) opened at $34.58 on Friday. The company has a market cap of $601.42, a P/E ratio of 35.29 and a beta of 2.65. DXP Enterprises Inc has a 12 month low of $24.86 and a 12 month high of $42.00. The company has a quick ratio of 1.79, a current ratio of 2.51 and a debt-to-equity ratio of 0.91.

DXP Enterprises (NASDAQ:DXPE) last issued its quarterly earnings data on Thursday, November 2nd. The industrial products company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.06). DXP Enterprises had a return on equity of 6.87% and a net margin of 1.83%. The business had revenue of $251.90 million during the quarter, compared to the consensus estimate of $250.42 million. During the same period last year, the firm earned $0.02 EPS. The business’s quarterly revenue was up 9.5% on a year-over-year basis. analysts forecast that DXP Enterprises Inc will post 0.67 EPS for the current fiscal year.

In other DXP Enterprises news, insider Kent Nee Hung Yee sold 2,200 shares of DXP Enterprises stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $29.69, for a total value of $65,318.00. Following the transaction, the insider now directly owns 40,984 shares of the company’s stock, valued at $1,216,814.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Todd Hamlin sold 2,500 shares of DXP Enterprises stock in a transaction on Saturday, December 29th. The stock was sold at an average price of $29.68, for a total transaction of $74,200.00. Following the completion of the transaction, the vice president now directly owns 23,446 shares in the company, valued at $695,877.28. The disclosure for this sale can be found here. Insiders sold 34,200 shares of company stock worth $1,010,218 over the last ninety days. Corporate insiders own 11.30% of the company’s stock.

A number of equities analysts recently commented on the stock. BidaskClub raised shares of DXP Enterprises from a “hold” rating to a “buy” rating in a research note on Wednesday, January 3rd. Zacks Investment Research downgraded shares of DXP Enterprises from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $42.00.

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DXP Enterprises Company Profile

DXP Enterprises, Inc (DXP) is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and service to industrial customers. The Company operates through three segments: Service Centers, Supply Chain Services and Innovative Pumping Solutions. The Service Centers segment provides MRO products, equipment and services, including technical expertise and logistics capabilities to industrial customers.

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Institutional Ownership by Quarter for DXP Enterprises (NASDAQ:DXPE)

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