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

Cantor Fitzgerald L. P. boosted its holdings in shares of XBP Global Holdings, Inc. (NASDAQ:XBP) by 9.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 about 56.48% of XBP Global worth $5,356,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

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

XBP Global Price Performance

XBP Global stock opened at $5.74 on Friday. XBP Global Holdings, Inc. has a 12-month low of $4.11 and a 12-month high of $25.60. The stock has a market capitalization of $67.45 million, a P/E ratio of -2.61 and a beta of -0.39. The firm’s 50-day moving average is $7.48 and its two-hundred day moving average is $6.96. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.73 and a quick ratio of 0.70.

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.