20,415 Shares in The ODP Corporation (NASDAQ:ODP) Bought by SG Americas Securities LLC

SG Americas Securities LLC bought a new position in shares of The ODP Corporation (NASDAQ:ODP - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 20,415 shares of the specialty retailer's stock, valued at approximately $293,000. SG Americas Securities LLC owned approximately 0.07% of ODP as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Atlas FRM LLC bought a new position in ODP in the fourth quarter valued at $17,856,000. D. E. Shaw & Co. Inc. boosted its holdings in shares of ODP by 105.2% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 788,084 shares of the specialty retailer's stock worth $17,921,000 after purchasing an additional 404,041 shares in the last quarter. Toronto Dominion Bank bought a new position in shares of ODP during the 4th quarter valued at about $7,149,000. Findell Capital Management LLC purchased a new position in shares of ODP during the 4th quarter valued at about $5,571,000. Finally, BNP Paribas Financial Markets purchased a new position in shares of ODP during the 4th quarter valued at about $3,716,000. 99.56% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut shares of ODP from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd.

ODP Price Performance

Shares of NASDAQ:ODP opened at $17.98 on Friday. The company has a quick ratio of 0.45, a current ratio of 0.94 and a debt-to-equity ratio of 0.32. The stock has a market cap of $540.84 million, a PE ratio of -12.94, a PEG ratio of 0.42 and a beta of 1.32. The company's fifty day moving average is $16.18 and its 200 day moving average is $18.30. The ODP Corporation has a 52 week low of $11.85 and a 52 week high of $43.31.

ODP (NASDAQ:ODP - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The specialty retailer reported $1.06 EPS for the quarter, topping the consensus estimate of $0.65 by $0.41. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.67 billion. ODP had a positive return on equity of 11.50% and a negative net margin of 0.69%. The company's quarterly revenue was down 9.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.05 earnings per share. Research analysts anticipate that The ODP Corporation will post 3.26 earnings per share for the current year.

ODP Profile

The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates through four divisions: ODP Business Solutions, Office Depot, Veyer, and Varis.

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