WINTON GROUP Ltd Buys New Shares in The ODP Co. (NASDAQ:ODP)

WINTON GROUP Ltd bought a new stake in shares of The ODP Co. (NASDAQ:ODPGet Rating) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,446 shares of the specialty retailer’s stock, valued at approximately $286,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. PNC Financial Services Group Inc. raised its holdings in ODP by 9.7% during the first quarter. PNC Financial Services Group Inc. now owns 3,052 shares of the specialty retailer’s stock valued at $139,000 after acquiring an additional 270 shares during the period. Teacher Retirement System of Texas increased its holdings in shares of ODP by 2.9% in the first quarter. Teacher Retirement System of Texas now owns 10,702 shares of the specialty retailer’s stock worth $490,000 after purchasing an additional 306 shares during the last quarter. Mutual of America Capital Management LLC increased its holdings in shares of ODP by 5.5% in the first quarter. Mutual of America Capital Management LLC now owns 6,614 shares of the specialty retailer’s stock worth $303,000 after purchasing an additional 343 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of ODP by 15.7% in the second quarter. Nisa Investment Advisors LLC now owns 3,470 shares of the specialty retailer’s stock worth $105,000 after purchasing an additional 470 shares during the last quarter. Finally, KB Financial Partners LLC increased its holdings in shares of ODP by 7.0% in the first quarter. KB Financial Partners LLC now owns 9,344 shares of the specialty retailer’s stock worth $428,000 after purchasing an additional 608 shares during the last quarter. 92.15% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ODP has been the topic of several research reports. UBS Group reduced their target price on ODP from $50.00 to $41.00 and set a “neutral” rating on the stock in a report on Thursday, August 4th. StockNews.com assumed coverage on ODP in a research note on Wednesday, October 12th. They set a “strong-buy” rating on the stock.

ODP Trading Up 1.1 %

Shares of NASDAQ ODP opened at $46.34 on Monday. The ODP Co. has a 1-year low of $28.85 and a 1-year high of $48.00. The business’s 50 day moving average is $38.83 and its two-hundred day moving average is $37.17. The stock has a market capitalization of $2.12 billion, a P/E ratio of -20.32 and a beta of 1.77. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.11 and a quick ratio of 0.64.

ODP Company Profile

(Get Rating)

The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The company operates in two divisions, Business Solutions and Retail. The Business Solutions division offers office supply products and services, cleaning and breakroom supplies, technology services, copy and print services, and office furniture products and services through sales forces, catalogs, and telesales, as well as through Internet Websites in the United States, Puerto Rico, the U.S.

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Institutional Ownership by Quarter for ODP (NASDAQ:ODP)

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