This evening we watched XP rise 12.4% to a price of $12.3 per share. The large-cap Capital Markets company is now trading -34.36% below its average target price of $18.74. Analysts have set target prices ranging from $13.94 to $24.88 per share for XP, and have given the stock an average rating of buy.
XP has an average level of shares sold short, at 5.9% of its total share float. The stock's short ratio (also called days to cover) is 2.34. Since 19.35% of the company's shares are owned by insiders, we can infer that there is a degree of alignment between management and shareholder interests.
Institutional investors own 70.8% of XP's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in XP
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2022-12-31 | Capital World Investors | 7% | 33,495,084 | $411,989,539 |
| 2022-12-31 | Dodge & Cox Inc | 7% | 29,769,631 | $366,166,466 |
| 2022-12-31 | General Atlantic, L.P. | 6% | 25,317,733 | $311,408,120 |
| 2022-12-31 | Mawer Investment Management Limited | 4% | 18,132,832 | $223,033,837 |
| 2022-12-31 | FMR, LLC | 4% | 17,370,289 | $213,654,558 |
| 2022-12-31 | Price (T.Rowe) Associates Inc | 3% | 14,666,096 | $180,392,983 |
| 2022-12-31 | Harding Loevner LLC | 3% | 14,375,095 | $176,813,671 |
| 2022-12-31 | JP Morgan Chase & Company | 3% | 12,713,739 | $156,378,992 |
| 2022-12-31 | Squadra Investments - Gestao De Recursos Ltda | 3% | 12,567,890 | $154,585,049 |
| 2022-12-31 | Sands Capital Management, LLC | 2% | 8,694,111 | $106,937,566 |
