Analyst Buzz: Xerox Corporation (XRX)

Bruno Cirelli
Luglio 25, 2017

Dupont Mngmt Corporation invested 0.02% in Xerox Corp (NYSE:XRX). Regardless, closing prices are a useful tool that investors use to quantify changes in stock prices over time. It is positive, as 52 investors sold Xerox Corp shares while 153 reduced holdings. They issued a "buy" rating on the stock. Xact Kapitalforvaltning AB raised its stake in Xerox Corporation by 0.3% in the first quarter. Cypress Wealth Advisors LLC now owns 15,035 shares of the information technology services provider's stock worth $110,000 after buying an additional 4,508 shares during the last quarter. Comerica Bank raised its position in Xerox Corporation by 2.7% in the fourth quarter. The other 3 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. Quantbot Technologies LP increased its stake in shares of Xerox Corporation by 2,285.2% in the first quarter. Cadence Capital Management LLC now owns 719,078 shares of the information technology services provider's stock worth $5,278,000 after buying an additional 182,063 shares in the last quarter.

At the end of Mar reporting period, 253 institutional holders increased their position in Xerox Corporation (NYSE:XRX) by some 28,745,011 shares, 292 decreased positions by 27,349,547 and 78 held positions by 156,816,829. The company had a trading volume of 4,150,931 shares.

Company shares last traded at $30.56 slightly over the 50 day moving average which is $28.60 and which is marginally over the 200 day moving average of $28.60. The company has market cap of $7.72 billion.

Xerox Corporation (NYSE:XRX) is scheduled to be releasing its earnings data on Thursday, July 27th. The information technology services provider reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.64 by $0.04. Xerox Corporation had a net margin of 3.87% and a return on equity of 14.28%. This forecast is a point estimate that provides investors with a benchmark against which to directly compare stock price in the short run.Target prices made by analysts employed by large brokers, who have access to a greater resource pool, are more likely to be met over the 12-month forecast period. During the same quarter past year, the company posted $0.88 EPS.

Xerox Corporation (NYSE:XRX) recovered 33.48% of its value since hitting low of $24.86. On average, equities research analysts expect that Xerox Corporation will post $3.33 earnings per share for the current year. Stockholders of record on Friday, June 30th will be paid a dividend of $0.0625 per share. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Xerox Corporation's dividend payout ratio (DPR) is presently 12.25%.

Xerox Corporation (NYSE:XRX) has received a consensus recommendation of "Buy" from the fourteen research firms that are covering the firm, Marketbeat Ratings reports. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of USA and global copyright and trademark legislation. Morgan Stanley lowered their price objective on shares of Xerox Corporation from $34.00 to $32.00 and set an "overweight" rating for the company in a report on Wednesday, April 26th. ValuEngine downgraded shares of Xerox Corporation from a buy rating to a hold rating in a report on Friday, June 2nd. Finally, BidaskClub upgraded Xerox Corporation from a "sell" rating to a "hold" rating in a research report on Thursday, June 29th. $20.21's average target is -31.38% below currents $29.45 stock price. The firm earned "Buy" rating on Tuesday, January 10 by Goldman Sachs. Xerox Corporation earnings have declined with an annualized rate of -7.9% over the last 5 years.

A number of other analysts also recently issued reports on XRX. The company has an average rating of "Buy" and a consensus price target of $37.26.

In other Xerox Corporation news, insider Yehia Abouelmaaty Omar sold 29,375 shares of Xerox Corporation stock in a transaction that occurred on Monday, May 1st. Its Price to Cash Flow ratio shows the value of 7.38, whereas, the industry and sector ratio of Price to Cash Flow ticked at 18.29 and 26.04 respectively. After this sale, 24,080 common shares of XRX are directly owned by the insider, with total stake valued at $735,885.

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