Liberty Mutual Group Asset Management Inc. lowered its holdings in QXO, Inc. (NASDAQ:QXO - Free Report) by 0.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,082,787 shares of the company's stock after selling 20,057 shares during the quarter. QXO comprises approximately 15.4% of Liberty Mutual Group Asset Management Inc.'s investment portfolio, making the stock its 4th largest holding. Liberty Mutual Group Asset Management Inc. owned about 1.00% of QXO worth $64,916,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of QXO. T. Rowe Price Investment Management Inc. boosted its holdings in shares of QXO by 3.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 10,886,193 shares of the company's stock worth $173,091,000 after buying an additional 312,299 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of QXO by 24.6% in the 4th quarter. Vanguard Group Inc. now owns 10,039,864 shares of the company's stock worth $159,634,000 after buying an additional 1,979,147 shares during the last quarter. Federated Hermes Inc. purchased a new position in shares of QXO in the 4th quarter worth about $50,532,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of QXO by 0.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,544,224 shares of the company's stock worth $24,553,000 after buying an additional 14,073 shares during the last quarter. Finally, Tsai Capital Corp boosted its holdings in shares of QXO by 6.3% in the 4th quarter. Tsai Capital Corp now owns 1,275,007 shares of the company's stock worth $20,273,000 after buying an additional 75,007 shares during the last quarter. Institutional investors and hedge funds own 58.68% of the company's stock.
QXO Trading Up 3.4%
Shares of NASDAQ:QXO traded up $0.56 during midday trading on Friday, reaching $16.83. The company had a trading volume of 4,699,513 shares, compared to its average volume of 2,572,309. The company's 50 day moving average price is $13.66 and its 200 day moving average price is $14.46. The stock has a market cap of $7.52 billion, a P/E ratio of -1.85, a P/E/G ratio of 4.09 and a beta of 2.27. QXO, Inc. has a 52-week low of $10.61 and a 52-week high of $290.00.
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.
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