Aureus Asset Management LLC Takes Position in XPO, Inc. (NYSE:XPO)

Aureus Asset Management LLC acquired a new position in XPO, Inc. (NYSE:XPO - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,000 shares of the transportation company's stock, valued at approximately $1,075,000.

Several other institutional investors and hedge funds have also recently modified their holdings of XPO. D1 Capital Partners L.P. boosted its holdings in XPO by 84.2% in the 3rd quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company's stock worth $506,484,000 after buying an additional 2,153,042 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of XPO by 1.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,534 shares of the transportation company's stock worth $2,745,000 after purchasing an additional 381 shares in the last quarter. Forest Avenue Capital Management LP grew its position in shares of XPO by 22.6% during the third quarter. Forest Avenue Capital Management LP now owns 356,211 shares of the transportation company's stock worth $38,296,000 after purchasing an additional 65,742 shares in the last quarter. Townsquare Capital LLC bought a new stake in XPO during the 3rd quarter valued at approximately $232,000. Finally, BNP Paribas Financial Markets lifted its holdings in XPO by 25.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 27,648 shares of the transportation company's stock worth $2,972,000 after purchasing an additional 5,680 shares in the last quarter. 97.73% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on XPO shares. Susquehanna increased their price objective on shares of XPO from $145.00 to $160.00 and gave the company a "positive" rating in a report on Wednesday, September 18th. TD Cowen raised their target price on shares of XPO from $137.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Wells Fargo & Company boosted their price target on shares of XPO from $119.00 to $150.00 and gave the stock an "overweight" rating in a research note on Thursday, October 31st. Citigroup raised their price objective on XPO from $155.00 to $179.00 and gave the company a "buy" rating in a research report on Tuesday, November 12th. Finally, Stifel Nicolaus boosted their target price on XPO from $125.00 to $126.00 and gave the stock a "buy" rating in a research report on Monday, October 21st. Two research analysts have rated the stock with a sell rating and fifteen have assigned a buy rating to the stock. According to MarketBeat.com, XPO has a consensus rating of "Moderate Buy" and an average price target of $141.13.

XPO Stock Up 1.4 %

Shares of XPO stock traded up $2.12 during trading on Monday, hitting $154.53. 1,463,430 shares of the stock traded hands, compared to its average volume of 1,461,043. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.04. The stock's fifty day simple moving average is $127.72 and its 200 day simple moving average is $116.20. The firm has a market cap of $17.99 billion, a P/E ratio of 49.63, a price-to-earnings-growth ratio of 2.29 and a beta of 2.07. XPO, Inc. has a 52-week low of $78.72 and a 52-week high of $156.85.

XPO (NYSE:XPO - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.89 by $0.13. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. The company's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.88 EPS. On average, equities analysts predict that XPO, Inc. will post 3.62 earnings per share for the current fiscal year.

XPO Profile

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.