Northern Trust Corp boosted its position in shares of QXO, Inc. (NASDAQ:QXO - Free Report) by 46.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 731,610 shares of the company's stock after purchasing an additional 233,538 shares during the period. Northern Trust Corp owned about 0.18% of QXO worth $11,633,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. bought a new position in shares of QXO in the 3rd quarter valued at about $2,219,000. Advyzon Investment Management LLC bought a new position in shares of QXO in the 4th quarter valued at about $527,000. Blair William & Co. IL bought a new position in shares of QXO in the 4th quarter valued at about $229,000. Barclays PLC bought a new position in shares of QXO in the 4th quarter valued at about $1,168,000. Finally, Pittenger & Anderson Inc. grew its holdings in shares of QXO by 4,376.7% in the 4th quarter. Pittenger & Anderson Inc. now owns 20,145 shares of the company's stock valued at $320,000 after acquiring an additional 19,695 shares in the last quarter. Institutional investors own 58.68% of the company's stock.
QXO Trading Down 1.2%
Shares of NASDAQ QXO traded down $0.21 during mid-day trading on Thursday, hitting $16.86. The company had a trading volume of 33,050,125 shares, compared to its average volume of 2,776,279. The company has a market capitalization of $7.54 billion, a PE ratio of -1.85, a price-to-earnings-growth ratio of 4.09 and a beta of 2.27. The firm has a 50-day simple moving average of $14.03 and a two-hundred day simple moving average of $14.53. QXO, Inc. has a one year low of $10.61 and a one year high of $290.00.
QXO Profile
(
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.
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