Barclays PLC Decreases Stock Holdings in XPO, Inc. (NYSE:XPO)

Barclays PLC cut its holdings in shares of XPO, Inc. (NYSE:XPO - Free Report) by 76.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 126,468 shares of the transportation company's stock after selling 403,405 shares during the quarter. Barclays PLC owned approximately 0.11% of XPO worth $13,597,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. D1 Capital Partners L.P. lifted its stake in shares of XPO by 84.2% during the 3rd quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company's stock valued at $506,484,000 after buying an additional 2,153,042 shares in the last quarter. State Street Corp raised its holdings in XPO by 1.1% during the 3rd quarter. State Street Corp now owns 3,477,846 shares of the transportation company's stock valued at $373,903,000 after acquiring an additional 37,486 shares during the period. Clearbridge Investments LLC lifted its position in shares of XPO by 11.3% during the second quarter. Clearbridge Investments LLC now owns 2,488,210 shares of the transportation company's stock worth $264,124,000 after acquiring an additional 253,519 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of XPO by 0.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company's stock worth $165,299,000 after acquiring an additional 10,318 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of XPO by 9.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,500,368 shares of the transportation company's stock worth $159,243,000 after acquiring an additional 130,322 shares during the period. Institutional investors own 97.73% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on XPO. Citigroup increased their price objective on XPO from $155.00 to $179.00 and gave the stock a "buy" rating in a report on Tuesday, November 12th. The Goldman Sachs Group increased their price target on shares of XPO from $150.00 to $167.00 and gave the stock a "buy" rating in a report on Thursday. JPMorgan Chase & Co. raised their price objective on shares of XPO from $146.00 to $160.00 and gave the company an "overweight" rating in a research report on Friday, December 6th. TD Cowen upped their target price on shares of XPO from $137.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. Finally, Wells Fargo & Company raised their price target on shares of XPO from $119.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, October 31st. Two research analysts have rated the stock with a sell rating and fifteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $147.31.

XPO Price Performance

NYSE XPO traded up $1.93 on Monday, reaching $158.23. 1,807,076 shares of the company's stock traded hands, compared to its average volume of 1,474,987. The stock has a market cap of $18.42 billion, a PE ratio of 51.21, a P/E/G ratio of 2.37 and a beta of 2.08. XPO, Inc. has a 12 month low of $80.26 and a 12 month high of $159.65. The stock has a 50-day simple moving average of $137.73 and a 200 day simple moving average of $119.82. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06.

XPO (NYSE:XPO - Get Free Report) last released its 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. XPO had a net margin of 4.57% and a return on equity of 31.16%. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter last year, the firm earned $0.88 EPS. The firm's quarterly revenue was up 3.7% compared to the same quarter last year. As a group, research analysts predict that XPO, Inc. will post 3.62 earnings per share for the current year.

About XPO

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.