Fisher Asset Management LLC Has $3.02 Million Stock Holdings in DXP Enterprises, Inc. (NASDAQ:DXPE)

Fisher Asset Management LLC reduced its position in shares of DXP Enterprises, Inc. (NASDAQ:DXPE) by 5.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 36,505 shares of the industrial products company’s stock after selling 1,988 shares during the quarter. Fisher Asset Management LLC owned about 0.23% of DXP Enterprises worth $3,016,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Global Retirement Partners LLC increased its holdings in shares of DXP Enterprises by 2,220.0% during the fourth quarter. Global Retirement Partners LLC now owns 348 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 333 shares in the last quarter. Quantbot Technologies LP bought a new stake in DXP Enterprises during the 3rd quarter valued at $41,000. Longboard Asset Management LP acquired a new position in DXP Enterprises during the fourth quarter worth $216,000. Savant Capital LLC acquired a new position in DXP Enterprises during the fourth quarter worth $230,000. Finally, Avidian Wealth Enterprises LLC bought a new position in shares of DXP Enterprises in the fourth quarter valued at $371,000. 74.82% of the stock is owned by institutional investors and hedge funds.

DXP Enterprises Price Performance

Shares of NASDAQ:DXPE opened at $83.27 on Thursday. The company has a current ratio of 2.22, a quick ratio of 1.78 and a debt-to-equity ratio of 1.29. The stock has a market cap of $1.31 billion, a PE ratio of 21.46 and a beta of 1.67. The stock’s fifty day simple moving average is $94.53 and its two-hundred day simple moving average is $72.40. DXP Enterprises, Inc. has a 1-year low of $35.06 and a 1-year high of $107.06.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Stephens boosted their target price on shares of DXP Enterprises from $65.00 to $75.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. StockNews.com lowered DXP Enterprises from a “buy” rating to a “hold” rating in a report on Friday, December 20th.

About DXP Enterprises

DXP Enterprises, Inc, together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS).