Vanguard Group Inc. increased its holdings in QXO, Inc. (NASDAQ:QXO - Free Report) by 24.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,039,864 shares of the company's stock after purchasing an additional 1,979,147 shares during the quarter. Vanguard Group Inc. owned 2.45% of QXO worth $159,634,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Summit Trail Advisors LLC increased its holdings in shares of QXO by 1.3% in the fourth quarter. Summit Trail Advisors LLC now owns 115,967 shares of the company's stock worth $1,844,000 after buying an additional 1,497 shares during the period. Wellington Shields & Co. LLC increased its stake in shares of QXO by 2.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 75,000 shares of the company's stock worth $1,192,000 after buying an additional 1,500 shares during the period. SG Americas Securities LLC raised its holdings in QXO by 45.8% during the 4th quarter. SG Americas Securities LLC now owns 9,544 shares of the company's stock valued at $152,000 after buying an additional 3,000 shares during the last quarter. Verdence Capital Advisors LLC boosted its position in QXO by 23.7% during the 4th quarter. Verdence Capital Advisors LLC now owns 15,908 shares of the company's stock valued at $253,000 after buying an additional 3,050 shares during the period. Finally, Simon Quick Advisors LLC grew its holdings in QXO by 24.0% in the 4th quarter. Simon Quick Advisors LLC now owns 15,834 shares of the company's stock worth $252,000 after acquiring an additional 3,064 shares during the last quarter. 58.68% of the stock is owned by institutional investors.
QXO Trading Up 5.3 %
Shares of QXO stock traded up $0.70 during mid-day trading on Friday, reaching $13.90. The stock had a trading volume of 1,679,161 shares, compared to its average volume of 2,232,145. The firm has a market capitalization of $5.69 billion, a PE ratio of -1.52, a price-to-earnings-growth ratio of 4.09 and a beta of 2.16. The stock's 50-day moving average price is $13.23 and its two-hundred day moving average price is $14.66. QXO, Inc. has a 52-week low of $10.61 and a 52-week 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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