UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in The ODP Co. (NASDAQ:ODP - Free Report) by 29.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 106,804 shares of the specialty retailer's stock after acquiring an additional 24,198 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.35% of ODP worth $2,429,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of ODP. Tower Research Capital LLC TRC grew its holdings in ODP by 38.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,324 shares of the specialty retailer's stock valued at $98,000 after purchasing an additional 1,198 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in ODP during the fourth quarter valued at about $143,000. KLP Kapitalforvaltning AS bought a new stake in ODP during the fourth quarter valued at about $150,000. Inceptionr LLC bought a new stake in ODP during the fourth quarter valued at about $223,000. Finally, ProShare Advisors LLC grew its holdings in ODP by 34.9% during the fourth quarter. ProShare Advisors LLC now owns 9,799 shares of the specialty retailer's stock valued at $223,000 after purchasing an additional 2,536 shares during the period. Institutional investors own 99.56% of the company's stock.
ODP Price Performance
Shares of NASDAQ:ODP traded up $0.55 during mid-day trading on Tuesday, reaching $18.57. The stock had a trading volume of 503,051 shares, compared to its average volume of 617,599. The company has a current ratio of 0.92, a quick ratio of 0.47 and a debt-to-equity ratio of 0.28. The company has a market cap of $558.62 million, a P/E ratio of -20.41, a price-to-earnings-growth ratio of 0.30 and a beta of 1.32. The ODP Co. has a 1 year low of $11.85 and a 1 year high of $43.31. The business's 50 day moving average price is $15.19 and its 200 day moving average price is $18.98.
ODP (NASDAQ:ODP - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The specialty retailer reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.41. ODP had a positive return on equity of 12.15% and a negative net margin of 0.52%. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same period in the prior year, the business posted $1.05 earnings per share. The company's revenue for the quarter was down 9.2% on a year-over-year basis. Research analysts expect that The ODP Co. will post 3.26 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered ODP from a "buy" rating to a "hold" rating in a report on Friday.
View Our Latest Stock Analysis on ODP
ODP Company Profile
(
Free Report)
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.
Read More

Before you consider ODP, 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 ODP wasn't on the list.
While ODP currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.