ODP Corp Ownership

ODP Stock  USD 26.01  0.68  2.55%   
The majority of ODP Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in ODP Corp to benefit from reduced commissions. Therefore, institutional investors are subject to a different set of regulations than regular investors in ODP Corp. Please pay attention to any change in the institutional holdings of ODP Corp as this could imply that something significant has changed or is about to change at the company.
 
Shares in Circulation  
First Issued
1987-03-31
Previous Quarter
35 M
Current Value
33 M
Avarage Shares Outstanding
34.6 M
Quarterly Volatility
24.6 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as ODP Corp in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of ODP Corp, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
As of 12/06/2024, Dividend Payout Ratio is likely to grow to 0.05, while Dividend Yield is likely to drop 0.01. As of 12/06/2024, Common Stock Shares Outstanding is likely to drop to about 36.4 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 89.7 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODP Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide.

ODP Stock Ownership Analysis

About 96.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.94. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. ODP Corp has Price/Earnings To Growth (PEG) ratio of 0.52. The entity last dividend was issued on the 28th of February 2020. The firm had 1:10 split on the 1st of July 2020. The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The ODP Corporation was incorporated in 1986 and is headquartered in Boca Raton, Florida. Office Depot operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 26000 people. To find out more about ODP Corp contact Gerry Smith at 561 438 4800 or learn more at https://www.theodpcorp.com.
Besides selling stocks to institutional investors, ODP Corp also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different ODP Corp's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align ODP Corp's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

ODP Corp Quarterly Liabilities And Stockholders Equity

3.69 Billion

ODP Corp Insider Trades History

Roughly 4.0% of ODP Corp are currently held by insiders. Unlike ODP Corp's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against ODP Corp's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of ODP Corp's insider trades
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

ODP Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as ODP Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ODP Corp backward and forwards among themselves. ODP Corp's institutional investor refers to the entity that pools money to purchase ODP Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Weiss Asset Management Lp2024-09-30
571.2 K
Northern Trust Corp2024-09-30
530.8 K
Allianz Asset Management Ag2024-09-30
503.6 K
Charles Schwab Investment Management Inc2024-09-30
481.4 K
Bridgeway Capital Management, Llc2024-09-30
415.9 K
D. E. Shaw & Co Lp2024-09-30
384 K
Goldman Sachs Group Inc2024-09-30
365.9 K
Gendell Jeffrey L2024-09-30
358.6 K
Norges Bank2024-06-30
319.9 K
Blackrock Inc2024-06-30
5.2 M
Vanguard Group Inc2024-09-30
3.9 M
Note, although ODP Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ODP Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ODP Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on ODP Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ODP Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

ODP Corp Outstanding Bonds

ODP Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ODP Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ODP bonds can be classified according to their maturity, which is the date when ODP Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

ODP Corp Corporate Filings

13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
6th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
10th of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
24th of June 2024
An amendment to a previously filed Form 8-K
ViewVerify

Pair Trading with ODP Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ODP Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ODP Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against ODP Stock

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The ability to find closely correlated positions to ODP Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ODP Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ODP Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ODP Corp to buy it.
The correlation of ODP Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ODP Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ODP Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ODP Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for ODP Stock Analysis

When running ODP Corp's price analysis, check to measure ODP Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ODP Corp is operating at the current time. Most of ODP Corp's value examination focuses on studying past and present price action to predict the probability of ODP Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODP Corp's price. Additionally, you may evaluate how the addition of ODP Corp to your portfolios can decrease your overall portfolio volatility.