Hauser Brothers GmbH boosted its holdings in QXO, Inc. (NASDAQ:QXO - Free Report) by 150.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 250,000 shares of the company's stock after acquiring an additional 150,015 shares during the quarter. QXO accounts for 2.8% of Hauser Brothers GmbH's portfolio, making the stock its 7th largest position. Hauser Brothers GmbH owned about 0.06% of QXO worth $3,975,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in QXO. Epoch Investment Partners Inc. acquired a new stake in QXO in the 4th quarter valued at about $664,000. Marshall Wace LLP boosted its holdings in QXO by 2,695.7% during the fourth quarter. Marshall Wace LLP now owns 335,480 shares of the company's stock worth $5,334,000 after buying an additional 323,480 shares in the last quarter. Barclays PLC acquired a new position in QXO in the fourth quarter worth approximately $1,168,000. Neuberger Berman Group LLC bought a new position in shares of QXO in the fourth quarter valued at $8,850,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of QXO during the 4th quarter valued at $1,235,000. Institutional investors own 58.68% of the company's stock.
QXO Stock Down 7.7 %
Shares of NASDAQ QXO opened at $13.17 on Monday. QXO, Inc. has a 52-week low of $10.61 and a 52-week high of $290.00. The stock's fifty day simple moving average is $13.26 and its 200 day simple moving average is $14.62. The stock has a market capitalization of $5.39 billion, a price-to-earnings ratio of -1.44, a PEG ratio of 4.09 and a beta of 2.16.
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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