205 institutions hold shares in XP Inc. (XP), with 293.44M shares held by insiders accounting for 52.49% while institutional investors hold 80.68% of the company’s shares. The shares outstanding are 551.80M, and float is at 139.71M with Short Float at 2.26%. Institutions hold 38.33% of the Float.
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The top institutional shareholder in the company is General Atlantic, LLC with over 46.2 million shares valued at $1.83 billion. The investor’s holdings represent 13.29% of the XP Shares outstanding. As of Dec 30, 2020, the second largest holder is Price (T.Rowe) Associates Inc with 25.15 million shares valued at $997.84 million to account for 7.24% of the shares outstanding. The other top investors are Capital Research Global Investors which holds 19.67 million shares representing 5.66% and valued at over $780.41 million, while Wellington Management Company, LLP holds 2.48% of the shares totaling 8.63 million with a market value of $342.2 million.
XP Inc. (NASDAQ: XP) is 4.23% higher on its value in year-to-date trading and has touched a low of $15.50 and a high of $52.94 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The XP stock was last observed hovering at around $43.37 in the last trading session, with the day’s loss setting it -2.02% off its average median price target of $261.68 for the next 12 months. It is also 86.39% off the consensus price target high of $303.85 offered by 6 analysts, but current levels are 80.95% higher than the price target low of $217.04 for the same period.
Currently trading at $41.35, the stock is -13.02% and -5.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.73 million and changing -4.66% at the moment leaves the stock -3.01% off its SMA200. XP registered 14.35% gain for a year compared to 6-month loss of -16.28%. The firm has a 50-day simple moving average (SMA 50) of $45.77 and a 200-day simple moving average (SMA200) of $42.98.
The stock witnessed a -12.30% gain in the last 1 month and extending the period to 3 months gives it a 0.83%, and is -13.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.86% over the week and 5.14% over the month.
XP Inc. (XP) has around 2429 employees, a market worth around $23.65B and $1.47B in sales. Current P/E ratio is 61.08 and Fwd P/E is 35.16. Profit margin for the company is 25.50%. Distance from 52-week low is 166.77% and -21.90% from its 52-week high. The company has generated returns on investments over the last 12 months (4.70%).
XP Inc. (XP) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for XP Inc. (XP) is a “Hold”. 6 analysts offering their recommendations for the stock have an average rating of 2.60, where 3 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
XP Inc. is expected to release its quarterly report on 05/18/2021 and quarterly earnings per share for the current quarter are estimated at $0.18 with sales reaching $429.2M over the same period.The EPS is expected to grow by 92.60% this year, but quarterly earnings will post 39.20% year-over-year. Quarterly sales are estimated to grow 33.70% in year-over-year returns.