1 week Ago By Defense World Staff
Arrowstreet Capital Limited Partnership grew its position in Conduent Incorporated (NASDAQ:CNDT – Free Report) by 100.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,317,936 shares of the company’s stock after buying an additional 1,162,068 shares during the quarter.
Arrowstreet Capital Limited Partnership owned approximately 1.45% of Conduent worth $9,364,000 at the end of the most recent quarter. Other large investors have also made changes to their positions in the company.
JPMorgan Chase & Co. boosted its stake in Conduent by 526.9% in the 4th quarter.
JPMorgan Chase & Co. now owns 3,216,978 shares of the company’s stock worth $12,997,000 after purchasing an additional 2,703,849 shares during the period. American Century Companies Inc.
boosted its position in shares of Conduent by 156.8% in the fourth quarter. American Century Companies Inc.
now owns 2,354,300 shares of the company’s stock worth $9,511,000 after buying an additional 1,437,479 shares during the period. Prudential Financial Inc. grew its holdings in shares of Conduent by 1,011.
1% during the fourth quarter. Prudential Financial Inc. now owns 1,506,557 shares of the company’s stock valued at $6,086,000 after buying an additional 1,370,961 shares in the last quarter.
Jane Street Group LLC raised its position in Conduent by 59.7% during the third quarter. Jane Street Group LLC now owns 833,861 shares of the company’s stock valued at $3,360,000 after buying an additional 311,579 shares during the period.
Finally, Raymond James Financial Inc. purchased a new stake in Conduent in the 4th quarter worth about $797,000. Institutional investors and hedge funds own 77.
28% of the company’s stock. Conduent Trading Down 2.4 %NASDAQ:CNDT opened at $2.
49 on Monday. The stock has a market cap of $402.96 million, a PE ratio of 1.
15 and a beta of 1.36. Conduent Incorporated has a fifty-two week low of $2.
37 and a fifty-two week high of $4.90. The company has a debt-to-equity ratio of 0.
73, a current ratio of 1.68 and a quick ratio of 1.75.
The stock’s 50-day moving average is $3.48 and its two-hundred day moving average is $3.80.
Conduent (NASDAQ:CNDT – Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.
11) by ($0.04). Conduent had a net margin of 12.
69% and a negative return on equity of 11.39%. As a group, equities research analysts forecast that Conduent Incorporated will post -0.
34 earnings per share for the current fiscal year. Conduent Profile (Free Report)Conduent Incorporated provides digital business solutions and services for the commercial, government, and transportation spectrum in the United States, Europe, and internationally. It operates through three segments: Commercial, Government Services, and Transportation.
The Commercial segment offers business process services and customized solutions to clients in various industries; and customer experience management, business operations, healthcare claims and administration, and human capital solutions.See AlsoFive stocks we like better than ConduentLow PE Growth Stocks: Unlocking Investment OpportunitiesNewsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?Breakout Stocks: What They Are and How to Identify ThemDisney 2025 Shareholders: Major Updates for Investors3 Grocery Stocks That Are Proving They Are Still Essential Advance Auto Parts Stock: A Classic Rebound Play in the Making.
