Xerox Corporation (NYSE:XRX) reached 24.48% versus a 1-year low price of $5.72. The stock was last seen 2.55% higher, reaching at $28.5 on June 16, 2017. At recent session, the prices were hovering between $27.84 and $28.84. This company shares are 15.79% off its target price of $33 and the current market capitalization stands at $7.06B. The recent change has given its price a 1.28% lead over SMA 50 and -7.35% deficit over its 52-week high. The stock witnessed 3.56% gains, -3.19% declines and 20.2% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found XRX’s volatility during a week at 2.85% and during a month it has been found around 1.93%.

Xerox Corporation (XRX) Top Holders

Institutional investors currently hold around $6.09 billion or 85.2% in XRX stock. Look at its top three institutional owners. Icahn Carl C owns $705.59 million in Xerox Corporation, which represents roughly 9.99% of the company’s market cap and approximately 11.59% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 21,722,619 shares of the stock are valued at $619.1 million. The third largest holder is Blackrock Inc., which currently holds $495.29 million worth of this stock and that ownership represents nearly 7.02% of its market capitalization.

Xerox Corporation 13F Filings

At the end of Mar reporting period, 268 institutional holders increased their position in Xerox Corporation (NYSE:XRX) by some 29,070,889 shares, 278 decreased positions by 28,060,222 and 89 held positions by 156,550,036. That puts total institutional holdings at 213,681,147 shares, according to SEC filings. The stock grabbed 77 new institutional investments totaling 3,974,635 shares while 91 institutional investors sold out their entire positions totaling 8,401,040 shares.

Xerox Corporation (NYSE:XRX) Insider Trades

Multiple company employees have indulged in significant insider trading. Xerox Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Senior Vice President Omar Yehia Abouelmaaty has sold 7,344 shares of Xerox Corporation (XRX) in trading session dated May. 01, 2017. These shares are worth $208,276 and were traded at $28.36 each. The SEC filing shows that VARON LESLIE F performed a sale of 878 shares. The CFO disposed these shares by way of transaction on Nov. 23, 2016. The company’s shares were given away at $37.8 per share worth to an income of some $33,188 on account of VARON LESLIE F.

Senior Vice President, Tessler Herve, sold 3,500 common shares of Xerox Corporation (XRX) in the open market. In a transaction dated Nov. 15, 2016, the shares were put up for sale at an average price of $37.96, raking in a sum of $132,860. After this sale, 24,080 common shares of XRX are directly owned by the insider, with total stake valued at $686,280.

In the transaction dated Nov. 09, 2016, the great number of shares disposed came courtesy the VP & Chief Accounting Officer; Mancini Joseph H. disposed a total of 657 shares at an average price of $36.72, amounting to approximately $24,125.

Xerox Corporation (XRX) Analyst Guide

Several analysts have released their opinion on Xerox Corporation (NYSE:XRX), with 1 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.75 average brokerage recommendation.

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