Janus Henderson Group PLC acquired a new position in shares of QXO, Inc. (NASDAQ:QXO - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 157,600 shares of the company's stock, valued at approximately $2,506,000.
Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. bought a new stake in QXO during the third quarter worth about $2,219,000. Sheets Smith Wealth Management bought a new position in shares of QXO during the 4th quarter valued at about $272,000. Simon Quick Advisors LLC raised its holdings in shares of QXO by 24.0% during the 4th quarter. Simon Quick Advisors LLC now owns 15,834 shares of the company's stock valued at $252,000 after buying an additional 3,064 shares in the last quarter. Janney Capital Management LLC bought a new stake in QXO in the 4th quarter worth approximately $255,000. Finally, SG Americas Securities LLC lifted its position in QXO by 45.8% in the 4th quarter. SG Americas Securities LLC now owns 9,544 shares of the company's stock worth $152,000 after buying an additional 3,000 shares during the last quarter. 58.68% of the stock is currently owned by institutional investors.
QXO Trading Down 0.1%
Shares of QXO traded down $0.01 during mid-day trading on Monday, reaching $16.81. The company's stock had a trading volume of 11,426,734 shares, compared to its average volume of 2,812,027. QXO, Inc. has a 52 week low of $10.61 and a 52 week high of $290.00. The stock has a market cap of $8.78 billion, a PE ratio of -1.84, a P/E/G ratio of 4.09 and a beta of 2.27. The company's fifty day moving average price is $14.18 and its two-hundred day moving average price is $14.53.
About QXO
(
Free Report)
QXO, Inc operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence.
Featured Articles
Before you consider QXO, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and QXO wasn't on the list.
While QXO currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
