Cantor Fitzgerald L. P. Grows Stock Holdings in XBP Global Holdings, Inc. $XBP

Cantor Fitzgerald L. P. raised its holdings in XBP Global Holdings, Inc. (NASDAQ:XBP) by 9.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 6,636,853 shares of the company’s stock after acquiring an additional 572,449 shares during the period. Cantor Fitzgerald L. P. owned 0.56% of XBP Global worth $5,356,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Public Employees Retirement System of Ohio acquired a new stake in shares of XBP Global during the third quarter worth $31,000. Clear Harbor Asset Management LLC acquired a new position in XBP Global in the third quarter valued at $42,000. Shay Capital LLC increased its stake in XBP Global by 354.6% in the third quarter. Shay Capital LLC now owns 100,000 shares of the company’s stock valued at $81,000 after purchasing an additional 78,001 shares during the last quarter. Alpine Global Management LLC purchased a new position in XBP Global during the third quarter worth about $194,000. Finally, Jefferies Financial Group Inc. acquired a new stake in XBP Global in the 3rd quarter worth about $504,000. Hedge funds and other institutional investors own 15.72% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of XBP Global in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

XBP Global Stock Up 6.5%

Shares of NASDAQ XBP opened at $5.74 on Friday. The stock has a market capitalization of $67.45 million, a PE ratio of -2.61 and a beta of -0.39. The company has a quick ratio of 0.70, a current ratio of 0.73 and a debt-to-equity ratio of 2.71. The firm has a fifty day moving average of $7.48 and a 200-day moving average of $6.96. XBP Global Holdings, Inc. has a 52-week low of $4.11 and a 52-week high of $25.60.

XBP Global Profile

XBP Europe Holdings, Inc provides bills, payments, and related solutions and services in France, Germany, the United Kingdom, Sweden, and internationally. The company operates through two segments, Bills & Payments and Technology. The Bills & Payments segment focuses on optimizing how bills and payments are processed by businesses of all sizes and industries. This segment also offers automation of accounts payable and accounts receivables processes and seeks to integrate buyers and suppliers, as well as engages in digital transformation business.