XeroxXRX
Market Cap: 1.37B
About: Xerox is an original equipment manufacturing and software company. Xerox operates in one segment--design, development, and sale of printing technology and related solutions--while deriving 60% of its revenue from the U.S. and 40% from international markets. The company is an OEM of multifunction printers, or MFPs (printers that can print, copy, and scan), focusing on large enterprise markets. Apart from equipment, the company provides post-sales services like managed print services--a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is attempting to enter new markets like digital print packaging solutions and printed electronics.
Employees: 18,700
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]
44% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 41
6% more capital invested
Capital invested by funds: $1.94B [Q4 2023] → $2.07B (+$124M) [Q1 2024]
6% more funds holding
Funds holding: 305 [Q4 2023] → 323 (+18) [Q1 2024]
7% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 102
0.94% more ownership
Funds ownership: 10.46% [Q4 2023] → 11.4% (+0.94%) [Q1 2024]
30% less call options, than puts
Call options by funds: $97M | Put options by funds: $139M
Research analyst outlook
2 Wall Street Analysts provided 1 year price forecasts over the past 6 months
2 analyst ratings
Citigroup Asiya Merchant | 0%downside $11 | Sell Initiated | 28 Jun 2024 |
JP Morgan Samik Chatterjee | 54%upside $17 | Underweight Maintained | 24 Apr 2024 |
Financial journalist opinion
Based on 10 articles about XRX published over the past 30 days