Shares Of Xerox Holdings Co Were Sold By Nisa Investment Advisors LLC.

The most recent 13F filing that Nisa Investment Advisors LLC submitted to the Securities and Exchange Commission revealed that during the third quarter, the firm’s holdings in Xerox Holdings Co (NYSE: XRX) were reduced by 24.7%.

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The investment fund ended the period with a total holding of 40,668 shares of the stock of the information technology services provider.

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This was achieved following the selling of 13,334 shares during the period in question.

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In the most recent report that was submitted to the Securities and Exchange Commission, it was revealed that Nisa Investment Advisors LLC owned a stake in Xerox that was valued at $537,000.

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During the past few months, hedge funds and various other institutional investors have been active buyers and sellers of XRX stock. SeaCrest Wealth Management LLC raised its total stake in Xerox to 100 percent during the second quarter by investing approximately $31,000 in the company’s stock.

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During the third quarter, Newbridge Financial Services Group INC brought the total percentage of Xerox stock that it owned up to 4078.9% higher than before.

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The stock of the information technology services provider has a current market value of $83,000 per share, and Newbridge Financial Services Group INC now owns a total of 6,352 shares of the company’s stock after purchasing an additional 6,200 shares during the relevant period.

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Atlas Capital Advisors LLC increased its holdings in the company by 3,009.5 percent during the second quarter by purchasing additional shares of Xerox Corporation.

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Atlas Capital Advisors LLC has a total of 6,219 shares of the publicly traded company, which has a market value of $92,000.

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This brings their total number of shares to 6,219 after making an additional purchase of 6,019 shares during the quarter. Counterpoint Mutual Funds LLC made a total investment in Xerox during the second quarter, equaling 101 thousand dollars.

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And finally, during the first quarter of this year, Captrust Financial Advisors increased the amount of Xerox stock owned by an additional 34.7%.

Because of this investment, Captrust Financial Advisors now has 5,521 shares in the company due to the purchase of additional stock.

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The value of these shares has increased to $113,000 as a direct result of this investment.

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To the tune of 81.66% of the company’s shares, hedge funds, and other institutional investors are the owners of those shares.

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Recently, numerous analyst reports have focused on XRX as their subject of discussion. Credit Suisse Group labeled the company as “underperforming” in a research report distributed on Tuesday, October 18th, and lowered their price objective on Xerox from $14.00 to $13.00. Citigroup lowered their target price for Xerox shares from $15.00 to $10.00 and changed their recommendation for the company from “hold” to “sell” in a research published on Wednesday, October 26th.

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In a report made by Trade Algo, it was mentioned that the rating for Xerox had been upgraded from “hold” to “buy.” In a report distributed by the company on January 30th, Loop Capital announced that they would increase their price objective for Xerox from $15.00 to $17.00.

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TheStreet upgraded Xerox’s rating from a “d+” to a “c-” in a report published on February 1st.

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This change was made to reflect the progress that the company has made. Four financial experts have given the stock a sell rating, while only one has given it a buy recommendation. Only one of the experts recommends buying the stock.

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According to Trade Algo, the consensus regarding Xerox is to “reduce” the company’s rating, and the website pegs $13.00 as its target price for the business.

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On Tuesday, trading began on the NYSE XRX for $16.74 per share.

Because the company’s stock has a price-to-earnings ratio of 15.56 and a beta value of 1.70, the company’s overall market value is estimated to be $2.60 billion.

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The simple moving average of the company’s stock price over the past 50 days is $15.98, and the average of its stock price over the last 200 days is $15.90. Xerox Holdings Co has seen a low point over the past 52 weeks of $11.80, while the company has a high point over the past 52 weeks of $23.25.

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The quick ratio is 0.99, the current ratio is 1.23, and the debt-to-equity ratio is 0.85.

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All of these numbers are relative to the total amount of debt.

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All these figures should be interpreted in light of the overall sum owed.

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On January 26th, Xerox’s most recent quarterly earnings report (NYSE: XRX) was made public for investors to view.

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The company that provides services related to information technology reported earnings per share for the quarter of $0.89, which was $0.35 more than the average prediction of $0.54.

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The revenue for the quarter was $1.94 billion, which was significantly higher than the analysts’ predictions, who anticipated only $1.90 billion in revenue for the period.

Xerox had a positive return on equity of 5.15% and a net margin of 4.53%. Xerox also had a positive return on equity.

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The company’s quarterly sales saw a 9.2% increase when measured against the results for the same quarter that were recorded the year before.

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The company reported a profit of $0.34 per share for the same period in the previous year’s financial statements.

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It is anticipated that Xerox Holdings Company will generate $1.21 per share earnings during the current fiscal year.

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In related news relating to this topic, on November 29th, Director Hernandez Margarita Palau bought 10,000 shares of the company’s stock. 

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This was reported in the news on November 29th.

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The number of shares was acquired for a total cost of $155,500.00, which works out to an average price of $15.55 per share.

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As a direct consequence of the transaction, the director is now the direct owner of 15,500 shares of the company.

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The total value of these shares is $241,025, so the director’s wealth has increased by that amount.

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The Securities and Exchange Commission was given legal documents about the transaction, which were subsequently uploaded to the SEC website after being provided to the SEC. Currently, 1.10 percent of the company’s total shares are held by company insiders.

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Xerox Holdings Corporation, a company specializing in office technology, is in charge of creating, developing, and selling document management systems and solutions on a global scale. Xerox Holdings Corporation is responsible for creating document management systems and solutions.

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It also offers digital services such as workflow automation, customization, communication software, information management systems, digitalization services, and office solutions such as desktop monochrome, color, and multifunction printers.