The ODP Co. (NASDAQ:ODP) Stock Holdings Lifted by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC lifted its position in The ODP Co. (NASDAQ:ODP - Free Report) by 11.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 331,969 shares of the specialty retailer's stock after buying an additional 33,762 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 1.10% of ODP worth $7,549,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. State Street Corp lifted its holdings in ODP by 5.0% in the 3rd quarter. State Street Corp now owns 1,542,725 shares of the specialty retailer's stock valued at $45,896,000 after acquiring an additional 74,015 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of ODP by 0.4% in the 3rd quarter. Geode Capital Management LLC now owns 813,895 shares of the specialty retailer's stock worth $24,219,000 after purchasing an additional 3,041 shares in the last quarter. Weiss Asset Management LP lifted its stake in ODP by 2,219.3% during the third quarter. Weiss Asset Management LP now owns 571,151 shares of the specialty retailer's stock valued at $16,992,000 after purchasing an additional 546,525 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in ODP by 2.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 491,587 shares of the specialty retailer's stock worth $11,179,000 after buying an additional 10,137 shares in the last quarter. Finally, Empowered Funds LLC grew its position in ODP by 5.1% in the fourth quarter. Empowered Funds LLC now owns 194,875 shares of the specialty retailer's stock worth $4,431,000 after buying an additional 9,448 shares during the last quarter. Institutional investors and hedge funds own 99.56% of the company's stock.

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Analyst Ratings Changes

Separately, StockNews.com lowered ODP from a "buy" rating to a "hold" rating in a research note on Friday, February 28th.

ODP Trading Down 4.3 %

NASDAQ ODP traded down $0.68 on Tuesday, hitting $15.19. 451,627 shares of the stock were exchanged, compared to its average volume of 517,405. The company's 50-day moving average price is $20.09 and its two-hundred day moving average price is $25.12. The company has a market capitalization of $452.92 million, a price-to-earnings ratio of -16.69, a P/E/G ratio of 0.30 and a beta of 1.55. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.92 and a quick ratio of 0.47. The ODP Co. has a 52-week low of $13.44 and a 52-week high of $53.56.

ODP (NASDAQ:ODP - Get Free Report) last released its earnings results on Wednesday, February 26th. The specialty retailer reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.14). The business had revenue of $1.62 billion for the quarter, compared to analysts' expectations of $1.61 billion. ODP had a negative net margin of 0.52% and a positive return on equity of 12.15%. Research analysts predict that The ODP Co. will post 3.26 EPS for the current year.

About ODP

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.