Worldwide

Office Depot (ODP) Earning Somewhat Favorable Press Coverage, Accern Reports

Office Depot (ODP) Earning Somewhat Favorable Press Coverage, Accern Reports”

The ratio improved, as 130 institutional investors opened new or increased equity positions, while 127 cut down and sold their holdings in Office Depot Inc.

Office Depot Inc. has price-earnings ratio of 5.52 with a 52 week low of $3.01 and a 52 week high of $6.26 and has a market cap of $0. The stock increased 0.23% or $0.01 on September 1, reaching $4.3. By leveraging the company's cloud-based Product Graph solution, Office Depot will gain global visibility across every segment of its business operations. It has outperformed by 34.35% the S&P500. St Johns Inv Mgmt Lc has 0% invested in Office Depot Inc (NASDAQ:ODP). Dimensional Fund Advisors LP now owns 28,351,548 shares of the specialty retailer's stock valued at $132,259,000 after purchasing an additional 6,324,791 shares during the last quarter. As of quarter end Gratia Capital, LLC had sold 415,638 shares trimming its holdings by 64.0%. Thor Industries Inc now has $5.73 billion valuation. About 2,000 shares traded. It has outperformed by 31.66% the S&P500.

Investors sentiment increased to 1.02 in Q4 2016. Its down 0.06, from 1.37 in 2016Q3. Thrivent Financial For Lutherans now owns 97,640 shares of the specialty retailer's stock worth $455,000 after buying an additional 6,360 shares in the last quarter. Prudential Financial Inc. owned about 1.94% of Office Depot worth $56,396,000 at the end of the most recent reporting period. A higher ROA compared to peers in the same industry, would suggest that company management is able to effectively generate profits from their assets. Aberdeen Asset Mgmt Public Ltd Uk has 75,853 shares. Victory Cap Management, a Ohio-based fund reported 10,995 shares. Teacher Retirement Of Texas has 41,059 shares. Mycio Wealth Prtn Ltd Liability Corporation, a Pennsylvania-based fund reported 24,427 shares. Citadel reported 4.44 million shares.

NASDAQ:ODP) was up +0.23% ($0.01) to $4.3 and showed a volume of 3.67 mln shares. 272.04 million shares or 1.58% more from 267.82 million shares in 2016Q3 were reported. It worsened, as 40 investors sold Office Depot Inc shares while 87 reduced holdings. Nuveen Asset Llc holds 234,346 shares. It was reported on Sep, 6 by Barchart.com. Out of 2 Wall Street analysts rating Office Depot, 0 give it "Buy", 0 "Sell" rating, while 2 recommend "Hold". Therefore 30% are positive. ODP was included in 16 notes of analysts from September 8, 2015. The stock deteriorated -16.67% during the past three month period and discounted -5.91% in half year. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The company was maintained on Monday, March 7 by Credit Suisse. The lowest target is $3.10 while the high is $11.0. As per Tuesday, December 13, the company rating was initiated by Loop Capital. The firm has "Outperform" rating by Telsey Advisory Group given on Wednesday, February 24. The stock of Office Depot Inc (NASDAQ:ODP) has "Hold" rating given on Wednesday, June 14 by Jefferies. The firm earned "Hold" rating on Thursday, July 27 by Jefferies. The company was maintained on Thursday, August 4 by UBS.

Since January 1, 0001, it had 1 buying transaction, and 7 selling transactions for $1.31 million activity. Another trade for 28,000 shares valued at $142,806 was sold by Calkins Stephen R. Shares for $385,059 were sold by RICE TROY on Monday, May 15.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. It also upped Paypal Hldgs Inc stake by 77,800 shares and now owns 947,800 shares. U S Silica Hldgs Inc (Put) was raised too. (NYSE:THO) to report earnings on September, 25. As of the last earnings report the EPS was $0.77 and is expected to be $0.51 for the current year with 518,406,000 shares now outstanding. THO's profit will be $102.50 million for 13.98 P/E if the $1.95 EPS becomes a reality.

EPS Estimate for the next Quarter is 0.17.

Investors sentiment decreased to 1.31 in Q4 2016. Its up 0.27, from 0.9 in 2016Q3.

Several analysts recently commented on ODP shares. 45 funds opened positions while 144 raised stakes. Massmutual Fsb Adv owns 27 shares or 0% of their U.S. portfolio. Wagner Bowman Management holds 12,266 shares. (NYSE:THO) for 382,932 shares. (NYSE:THO) for 101,974 shares. Bb&T reported 124,339 shares. Fj Capital Llc stated it has 0.9% of its portfolio in Royal Bancshares of Pennsylvania, Inc. Caprock Grp accumulated 0.15% or 22,700 shares. Edge Asset Inc has invested 1.48% of its portfolio in Kroger Co (NYSE:KR). Northern Tru holds 312,265 shares. Sii Invs Incorporated Wi invested 0.06% of its portfolio in Blackstone Group LP (NYSE:BX). Shell Asset has 298,046 shares for 0.04% of their portfolio. Schwab Charles Investment Mgmt reported 0.02% stake.

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