WINTON GROUP Ltd Purchases New Position in The ODP Co. (NASDAQ:ODP)

WINTON GROUP Ltd acquired a new stake in shares of The ODP Co. (NASDAQ:ODP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 21,889 shares of the specialty retailer’s stock, valued at approximately $498,000. WINTON GROUP Ltd owned 0.07% of ODP as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of ODP by 3.4% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 97,208 shares of the specialty retailer’s stock valued at $2,211,000 after buying an additional 3,190 shares during the period. KLP Kapitalforvaltning AS bought a new position in ODP during the fourth quarter worth about $150,000. American Century Companies Inc. grew its stake in ODP by 6.8% in the fourth quarter. American Century Companies Inc. now owns 1,013,222 shares of the specialty retailer’s stock valued at $23,041,000 after acquiring an additional 64,641 shares during the period. Semanteon Capital Management LP bought a new stake in shares of ODP in the fourth quarter worth about $1,377,000. Finally, Counterpoint Mutual Funds LLC acquired a new stake in shares of ODP during the fourth quarter worth about $383,000. Institutional investors own 99.56% of the company’s stock.

Wall Street Analyst Weigh In

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

ODP Stock Performance

ODP opened at $14.31 on Monday. The company has a market capitalization of $426.70 million, a price-to-earnings ratio of -15.73, a P/E/G ratio of 0.30 and a beta of 1.55. The business’s 50-day moving average price is $18.51 and its two-hundred day moving average price is $24.21. The ODP Co. has a 1 year low of $13.44 and a 1 year high of $53.38. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.92 and a quick ratio of 0.47.

ODP (NASDAQ:ODP) last announced its earnings results on Wednesday, February 26th. The specialty retailer reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.14). ODP had a negative net margin of 0.52% and a positive return on equity of 12.15%. The firm had revenue of $1.62 billion during the quarter, compared to analyst estimates of $1.61 billion. Equities analysts expect that The ODP Co. will post 3.26 EPS for the current fiscal year.

ODP Company Profile

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.