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$XP Hedge Fund Activity Intensifies Ahead of Earnings Release

Earnings Preview: $XP prepares for its quarterly earnings release. Analysts forecast significant revenue and earnings per share, while hedge fund activity shows varied investor sentiment.

Date: 
AI Rating:   6

Upcoming Earnings Release
$XP is set to release its quarterly earnings data, with analysts anticipating a revenue of $4,578,565,527 and earnings per share (EPS) of $2.27. This expected EPS indicates a positive outlook, potentially attracting investor interest.

Hedge Fund Activity
The report highlights a mixed response from institutional investors towards $XP. Notably, 170 institutional investors increased their holdings, while 185 reduced their positions in the latest quarter.

Some significant moves include MAWER INVESTMENT MANAGEMENT LTD., which added 10,445,841 shares (+39.8%) and ARROWSTREET CAPITAL with an addition of 9,213,079 shares. Conversely, FIL LTD drastically reduced its position by selling 8,199,188 shares (-82.9%). This mixed activity suggests varying sentiments about $XP's future performance.