Alphaone Investment Services Has Increased Dxp Enterprises New (DXPE) Position By $1.47 Million; Investment Technology Group (ITG) Has 1.28 Sentiment

May 17, 2018 - By Michael Collier

DXP Enterprises, Inc. (NASDAQ:DXPE) Logo

Alphaone Investment Services Llc increased Dxp Enterprises Inc New (DXPE) stake by 111.54% reported in 2017Q4 SEC filing. Alphaone Investment Services Llc acquired 50,750 shares as Dxp Enterprises Inc New (DXPE)’s stock rose 33.72%. The Alphaone Investment Services Llc holds 96,250 shares with $2.85M value, up from 45,500 last quarter. Dxp Enterprises Inc New now has $691.47 million valuation. The stock increased 2.23% or $0.87 during the last trading session, reaching $39.8. About 86,742 shares traded. DXP Enterprises, Inc. (NASDAQ:DXPE) has risen 24.48% since May 17, 2017 and is uptrending. It has outperformed by 12.93% the S&P500.

Investment Technology Group Inc (ITG) investors sentiment decreased to 1.28 in 2017 Q4. It’s down -1.22, from 2.5 in 2017Q3. The ratio worsened, as 64 active investment managers increased or opened new equity positions, while 50 cut down and sold equity positions in Investment Technology Group Inc. The active investment managers in our database now own: 27.87 million shares, down from 28.15 million shares in 2017Q3. Also, the number of active investment managers holding Investment Technology Group Inc in top ten equity positions increased from 0 to 1 for an increase of 1. Sold All: 9 Reduced: 41 Increased: 46 New Position: 18.

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.47, from 1.45 in 2017Q3. It worsened, as 11 investors sold DXPE shares while 38 reduced holdings. 13 funds opened positions while 35 raised stakes. 12.94 million shares or 0.89% more from 12.83 million shares in 2017Q3 were reported. Gam Ag reported 200,000 shares or 0.18% of all its holdings. Pinebridge Investments Lp reported 0.02% stake. Teton Advisors Inc holds 12,200 shares. Alphaone Serv Limited Company holds 0.86% or 96,250 shares in its portfolio. Principal Financial Group accumulated 118,434 shares or 0% of the stock. First Mercantile Trust has 3,463 shares. American Century Cos has invested 0.02% in DXP Enterprises, Inc. (NASDAQ:DXPE). State Street Corporation holds 0% or 366,116 shares in its portfolio. Penn Cap Management reported 0.94% in DXP Enterprises, Inc. (NASDAQ:DXPE). Frontier Capital Management Comm Ltd Llc reported 1.09M shares. Price T Rowe Assocs Inc Md has invested 0% in DXP Enterprises, Inc. (NASDAQ:DXPE). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 211 shares. Peak6 Investments Lp has 0% invested in DXP Enterprises, Inc. (NASDAQ:DXPE) for 705 shares. Arizona State Retirement owns 26,600 shares. Parkside Retail Bank has invested 0% in DXP Enterprises, Inc. (NASDAQ:DXPE).

Since December 29, 2017, it had 0 insider buys, and 6 sales for $2.72 million activity. 3,175 shares were sold by YEE KENT NEE HUNG, worth $124,936 on Thursday, March 29. On Thursday, March 29 HAMLIN TODD sold $100,000 worth of DXP Enterprises, Inc. (NASDAQ:DXPE) or 2,500 shares. LITTLE DAVID R sold $2.01M worth of stock. Another trade for 3,000 shares valued at $120,000 was made by Jeffery John Jay on Monday, March 26. VINSON DAVID C also sold $291,600 worth of DXP Enterprises, Inc. (NASDAQ:DXPE) on Thursday, March 29.

Among 2 analysts covering DXP Enterprises (NASDAQ:DXPE), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. DXP Enterprises had 5 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of DXP Enterprises, Inc. (NASDAQ:DXPE) has “Hold” rating given on Monday, October 16 by KeyBanc Capital Markets. The rating was maintained by KeyBanc Capital Markets with “Sector Weight” on Friday, May 26. As per Wednesday, March 21, the company rating was maintained by Stephens. The rating was initiated by KeyBanc Capital Markets with “Sector Weight” on Tuesday, July 21. The firm has “Hold” rating given on Friday, September 15 by KeyBanc Capital Markets.

More important recent DXP Enterprises, Inc. (NASDAQ:DXPE) news were published by: Seekingalpha.com which released: “DXP Enterprises’ (DXPE) CEO David Little on Q1 2018 Results – Earnings Call Transcript” on May 13, 2018, also Businesswire.com published article titled: “DXP Enterprises Appoints Gene Padgett Chief Accounting Officer”, Globenewswire.com published: “New Research: Key Drivers of Growth for Global Medical REIT, DXP Enterprises, SJW, FTI Consulting, Anthera …” on May 04, 2018. More interesting news about DXP Enterprises, Inc. (NASDAQ:DXPE) was released by: Businesswire.com and their article: “DXP Enterprises Reports First Quarter 2018 Results” with publication date: May 08, 2018.

Alphaone Investment Services Llc decreased Ichor Holdings stake by 28,490 shares to 115,996 valued at $2.85 million in 2017Q4. It also reduced Cisco Sys Inc (NASDAQ:CSCO) stake by 8,737 shares and now owns 3,324 shares. Cardiome Pharma Corp (NASDAQ:CRME) was reduced too.

Philadelphia Financial Management Of San Francisco Llc holds 3.91% of its portfolio in Investment Technology Group, Inc. for 1.37 million shares. Madden Advisory Services Inc. owns 43,950 shares or 0.51% of their US portfolio. Moreover, Fuller & Thaler Asset Management Inc. has 0.43% invested in the company for 1.86 million shares. The New York-based Cramer Rosenthal Mcglynn Llc has invested 0.31% in the stock. River & Mercantile Asset Management Llp, a United Kingdom-based fund reported 145,324 shares.

Investment Technology Group, Inc. operates as an independent broker and financial technology firm in the United States, Canada, Europe, and the Asia Pacific. The company has market cap of $749.49 million. The firm offers various solutions for asset managers and broker-dealers in the areas of execution services, workflow technology, and analytics that provide trade execution services and solutions for portfolio management, as well as investment research, pre-trade analytics, and post-trade analytics and processing. It currently has negative earnings. The firm offers ITG Algorithms and ITG Smart Router that offers portfolio managers and traders to trade orders; POSIT for continuous and scheduled crossing of non-displayed equity orders and price improvement opportunities; ITG Derivatives for electronic listed futures and options trading; ITG Commission Manager, a Web commission management portal; and securities lending services.

Analysts await Investment Technology Group, Inc. (NYSE:ITG) to report earnings on August, 1. They expect $0.27 earnings per share, up 92.86% or $0.13 from last year’s $0.14 per share. ITG’s profit will be $8.91M for 21.02 P/E if the $0.27 EPS becomes a reality. After $0.28 actual earnings per share reported by Investment Technology Group, Inc. for the previous quarter, Wall Street now forecasts -3.57% negative EPS growth.

More notable recent Investment Technology Group, Inc. (NYSE:ITG) news were published by: Globenewswire.com which released: “ITG Launches POSIT and POSIT Alert for New Zealand” on April 27, 2018, also Globenewswire.com with their article: “ITG Reports First Quarter 2018 Results” published on May 02, 2018, Globenewswire.com published: “ITG Releases April 2018 US Trading Volumes and Provides International Trading Commission Update” on May 08, 2018. More interesting news about Investment Technology Group, Inc. (NYSE:ITG) were released by: Seekingalpha.com and their article: “Investment Technology’s (ITG) CEO Franc Troise on Q1 2018 Results – Earnings Call Transcript” published on May 02, 2018 as well as Streetinsider.com‘s news article titled: “US ETF providers cry foul over SEC’s fee experiment” with publication date: May 15, 2018.

DXP Enterprises, Inc. (NASDAQ:DXPE) Institutional Positions Chart

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