Thornburg Investment Management Inc. Makes New $7.37 Million Investment in XP Inc. $XP

Posted by George Bondi on Jun 15th, 2026

Thornburg Investment Management Inc. acquired a new position in XP Inc. (NASDAQ:XP – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 450,131 shares of the company’s stock, valued at approximately $7,369,000.

Several other hedge funds have also recently made changes to their positions in XP. EverSource Wealth Advisors LLC raised its stake in shares of XP by 65.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,634 shares of the company’s stock valued at $33,000 after buying an additional 646 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of XP in the fourth quarter valued at $34,000. Caitong International Asset Management Co. Ltd raised its stake in shares of XP by 1,783.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 2,825 shares of the company’s stock valued at $53,000 after buying an additional 2,675 shares during the period. Vestcor Inc bought a new stake in shares of XP in the third quarter valued at $64,000. Finally, Virtus Advisers LLC bought a new stake in shares of XP in the third quarter valued at $75,000. 59.15% of the stock is currently owned by institutional investors.

XP Stock Performance

NASDAQ:XP opened at $16.02 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 6.66 and a current ratio of 6.66. XP Inc. has a 52-week low of $14.80 and a 52-week high of $23.13. The firm has a market cap of $8.61 billion, a price-to-earnings ratio of 8.85, a PEG ratio of 0.51 and a beta of 1.11. The business’s fifty day moving average is $18.21 and its 200 day moving average is $18.57.

XP announced that its board has initiated a share repurchase plan on Tuesday, May 19th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

XP Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Thursday, June 18th. Investors of record on Wednesday, June 10th will be paid a dividend of $0.20 per share. This represents a dividend yield of 268.0%. The ex-dividend date is Wednesday, June 10th. This is a positive change from XP’s previous annual dividend of $0.18. XP’s dividend payout ratio is presently 22.10%.

Analysts Set New Price Targets

XP has been the topic of several research reports. Zacks Research lowered XP from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. UBS Group lowered their target price on XP from $28.00 to $25.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Finally, Weiss Ratings upgraded XP from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $22.75.

Read Our Latest Research Report on XP

XP Profile

(Free Report)

XP Inc provides financial products and services in Brazil. It offers securities brokerage, private pension plans, commercial, and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits; product structuring and capital markets services for corporate clients and issuers of fixed income products; advisory services for mass-affluent and institutional clients; and wealth management services for high-net-worth customers and institutional clients.