December 2, 2017 - By Peter Erickson
Among 12 analysts covering Xerox Corporation (NYSE:XRX), 8 have Buy rating, 1 Sell and 3 Hold. Therefore 67% are positive. Xerox Corporation had 30 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by UBS on Friday, October 27 with “Neutral”. UBS initiated Xerox Corporation (NYSE:XRX) on Tuesday, October 3 with “Hold” rating. Morgan Stanley downgraded Xerox Corporation (NYSE:XRX) on Monday, November 7 to “Underweight” rating. Goldman Sachs upgraded Xerox Corporation (NYSE:XRX) on Tuesday, January 10 to “Buy” rating. The firm has “Buy” rating given on Tuesday, September 13 by SunTrust. The rating was upgraded by Barclays Capital on Monday, July 24 to “Equal-Weight”. Loop Capital Markets initiated Xerox Corporation (NYSE:XRX) rating on Monday, July 24. Loop Capital Markets has “Buy” rating and $3600 target. The rating was initiated by Goldman Sachs with “Neutral” on Tuesday, December 1. The firm has “Overweight” rating given on Thursday, January 12 by Morgan Stanley. As per Tuesday, April 26, the company rating was downgraded by Brean Capital. See Xerox Corporation (NYSE:XRX) latest ratings:
27/10/2017 Broker: UBS Rating: Neutral Old Target: $36 New Target: $34.5 Maintain
03/10/2017 Broker: UBS Rating: Hold New Target: $36.0 Initiate
02/08/2017 Broker: Credit Suisse Rating: Outperform Old Target: $32 New Target: $34 Maintain
02/08/2017 Broker: Citigroup Rating: Buy New Target: $39.0000 Maintain
24/07/2017 Broker: Loop Capital Markets Rating: Buy New Target: $36.0000 Initiate
24/07/2017 Broker: Barclays Capital Old Rating: Underweight New Rating: Equal-Weight Upgrade
15/06/2017 Broker: Credit Suisse Rating: Buy New Target: $32.0000
23/06/2017 Broker: Barclays Capital Rating: Sell New Target: $27.00 Maintain
16/06/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $8.00 New Target: $32.00 Target Down
Apg Asset Management Nv increased Kinder Morgan Inc Del (KMI) stake by 6.11% reported in 2017Q2 SEC filing. Apg Asset Management Nv acquired 471,000 shares as Kinder Morgan Inc Del (KMI)’s stock declined 10.34%. The Apg Asset Management Nv holds 8.17M shares with $156.63M value, up from 7.70 million last quarter. Kinder Morgan Inc Del now has $38.88B valuation. The stock increased 1.04% or $0.18 during the last trading session, reaching $17.41. About 15.08M shares traded or 33.50% up from the average. Kinder Morgan, Inc. (NYSE:KMI) has risen 13.09% since December 2, 2016 and is uptrending. It has underperformed by 3.61% the S&P500.
Investors sentiment decreased to 0.01 in 2017 Q2. Its down 1.00, from 1.01 in 2017Q1. It dropped, as 403 investors sold Xerox Corporation shares while 22 reduced holdings. 2 funds opened positions while 1 raised stakes. 29.05 million shares or 96.44% less from 815.80 million shares in 2017Q1 were reported. 1.57 million were reported by Glenmede Trust Company Na. Asset Corporation owns 1,250 shares for 0.01% of their portfolio. Wellington Shields & Co Ltd stated it has 7,552 shares or 0.07% of all its holdings. Polaris Capital Limited Liability stated it has 752,350 shares. Cibc Ww Markets stated it has 0.16% of its portfolio in Xerox Corporation (NYSE:XRX). Altfest L J & holds 0.14% or 8,297 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh invested in 0.04% or 32,088 shares. Fdx reported 0.05% stake. Moreover, Adirondack And Mngmt Incorporated has 0.19% invested in Xerox Corporation (NYSE:XRX). Hanson And Doremus Inv Management owns 46,861 shares for 0.5% of their portfolio. 51,774 were reported by Jacobs Levy Equity Mgmt Incorporated. Teachers Retirement Systems Of The State Of Kentucky holds 0.01% in Xerox Corporation (NYSE:XRX) or 22,108 shares. Focused Wealth Mgmt accumulated 4,751 shares or 0.05% of the stock. Boltwood reported 11,983 shares stake. Massachusetts-based Timber Creek Capital Lc has invested 0% in Xerox Corporation (NYSE:XRX).
The stock increased 0.20% or $0.06 during the last trading session, reaching $29.72. About 3.17M shares traded or 62.17% up from the average. Xerox Corporation (NYSE:XRX) has risen 17.43% since December 2, 2016 and is uptrending. It has outperformed by 0.73% the S&P500.
Xerox Corporation provides document management solutions worldwide. The company has market cap of $7.57 billion. The companyÂ’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. It currently has negative earnings. The Company’s Services segment provides document outsourcing services comprising managed print, workflow automation, and communication and marketing services.
Apg Asset Management Nv decreased Teradata Corp Del (NYSE:TDC) stake by 81,020 shares to 769,100 valued at $22.68 million in 2017Q2. It also reduced Citigroup Inc (NYSE:C) stake by 67,900 shares and now owns 9.12M shares. Seagate Technology Plc (NASDAQ:STX) was reduced too.
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