DXP Enterprises, Inc. (DXPE) Forms $39.53 Double Top; WILMAR INTERNATIONAL LTD ORDINARY SHARES (WLMIF) Sellers Increased By 1.24% Their Shorts

Wilmar International Limited (OTCMKTS:WLMIF) Logo

DXP Enterprises, Inc. (DXPE) formed double top with $42.69 target or 8.00% above today’s $39.53 share price. DXP Enterprises, Inc. (DXPE) has $686.78M valuation. The stock increased 1.10% or $0.43 during the last trading session, reaching $39.53. About 63,834 shares traded. DXP Enterprises, Inc. (NASDAQ:DXPE) has risen 7.86% since June 24, 2017 and is uptrending. It has underperformed by 4.71% the S&P500. Some Historical DXPE News: 20/04/2018 – DJ DXP Enterprises Inc, Inst Holders, 1Q 2018 (DXPE); 09/03/2018 DXP Enterprises Short-Interest Ratio Rises 40% to 9 Days; 20/03/2018 – DXP Enterprises 4Q EPS 36c; 20/03/2018 – DXP ENTERPRISES 4Q EPS 36C, EST. 7.0C; 14/05/2018 – Lazard Asset Buys New 1.4% Position in DXP Enterprises; 20/03/2018 – DXP ENTERPRISES 4Q REV. $265.6M, EST. $248.0M (2 EST.); 15/05/2018 – DXP Enterprises Appoints Gene Padgett Chief Accounting Officer; 27/03/2018 – DXP Enterprises at Company Marketing Hosted By Stephens Inc; 02/05/2018 – DXP Enterprises: With more than a century of experience, DXP provides a single source for engineering, systems design, and; 20/03/2018 – DXP Enterprises Access Event Set By Stephens Inc for Mar. 27-28

WILMAR INTERNATIONAL LTD ORDINARY SHARES (OTCMKTS:WLMIF) had an increase of 1.24% in short interest. WLMIF’s SI was 6.24M shares in June as released by FINRA. Its up 1.24% from 6.17 million shares previously. With 1,600 avg volume, 3901 days are for WILMAR INTERNATIONAL LTD ORDINARY SHARES (OTCMKTS:WLMIF)’s short sellers to cover WLMIF’s short positions. The SI to WILMAR INTERNATIONAL LTD ORDINARY SHARES’s float is 0.33%. It closed at $2.384 lastly. It is down 0.00% since June 24, 2017 and is . It has underperformed by 12.57% the S&P500.

Since December 29, 2017, it had 0 insider purchases, and 8 insider sales for $2.87 million activity. YEE KENT NEE HUNG had sold 3,175 shares worth $124,936. $120,000 worth of DXP Enterprises, Inc. (NASDAQ:DXPE) was sold by Jeffery John Jay. On Thursday, May 17 the insider Gregory Christopher T sold $26,630. On Thursday, March 29 VINSON DAVID C sold $291,600 worth of DXP Enterprises, Inc. (NASDAQ:DXPE) or 7,290 shares. $74,200 worth of DXP Enterprises, Inc. (NASDAQ:DXPE) was sold by HAMLIN TODD. 49,841 DXP Enterprises, Inc. (NASDAQ:DXPE) shares with value of $2.01M were sold by LITTLE DAVID R. DAVIS CLETUS sold $120,490 worth of stock.

Analysts await DXP Enterprises, Inc. (NASDAQ:DXPE) to report earnings on July, 24. They expect $0.27 earnings per share, up 17.39% or $0.04 from last year’s $0.23 per share. DXPE’s profit will be $4.69M for 36.60 P/E if the $0.27 EPS becomes a reality. After $0.24 actual earnings per share reported by DXP Enterprises, Inc. for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Investors sentiment increased to 1.51 in 2018 Q1. Its up 0.53, from 0.98 in 2017Q4. It is positive, as 9 investors sold DXP Enterprises, Inc. shares while 34 reduced holdings. 25 funds opened positions while 40 raised stakes. 13.19 million shares or 1.95% more from 12.94 million shares in 2017Q4 were reported. State Board Of Administration Of Florida Retirement owns 11,401 shares. 33,104 were reported by Deutsche Comml Bank Ag. 5,566 are held by Bluecrest Capital Management. Frontier Capital Management Communication Limited Co invested in 1.10 million shares. Tiaa Cref Inv Mngmt Limited Com stated it has 0% in DXP Enterprises, Inc. (NASDAQ:DXPE). Northern Tru Corporation reported 194,867 shares. Aqr Cap holds 0% or 41,420 shares in its portfolio. Penn Capital Management reported 304,730 shares stake. Citigroup invested 0% in DXP Enterprises, Inc. (NASDAQ:DXPE). Rice Hall James And Associates Ltd Limited Liability Company owns 47,337 shares. Tennessee-based Pinnacle Financial Incorporated has invested 0.02% in DXP Enterprises, Inc. (NASDAQ:DXPE). Swiss National Bank stated it has 28,800 shares. Element Cap Mgmt Ltd Liability Corporation reported 5,293 shares. Prudential Financial holds 0% of its portfolio in DXP Enterprises, Inc. (NASDAQ:DXPE) for 26,778 shares. Voya Invest Mgmt Ltd Company holds 0% or 7,056 shares in its portfolio.

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 rating was maintained by KeyBanc Capital Markets with “Hold” on Friday, September 15. KeyBanc Capital Markets maintained the stock with “Sector Weight” rating in Friday, May 26 report. The stock of DXP Enterprises, Inc. (NASDAQ:DXPE) has “Hold” rating given on Monday, October 16 by KeyBanc Capital Markets. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Tuesday, July 21. The firm has “Buy” rating given on Wednesday, March 21 by Stephens.

Wilmar International Limited operates as an agribusiness firm in the PeopleÂ’s Republic of China and internationally. The company has market cap of $15.58 billion. The firm operates through four divisions: Tropical Oils, Oilseeds and Grains, Sugar, and Others. It has a 13.94 P/E ratio. It engages in the oil palm cultivation, harvesting, and milling activities that primarily provide crude palm oil and palm kernel; and milling of fresh palm fruit bunches.

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