Calamos Advisors LLC Boosts Stock Holdings in XPO, Inc. (NYSE:XPO)

Calamos Advisors LLC raised its stake in XPO, Inc. (NYSE:XPO - Free Report) by 42.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,817 shares of the transportation company's stock after purchasing an additional 3,543 shares during the quarter. Calamos Advisors LLC's holdings in XPO were worth $1,550,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. UMB Bank n.a. lifted its position in shares of XPO by 19.0% in the fourth quarter. UMB Bank n.a. now owns 538 shares of the transportation company's stock valued at $71,000 after buying an additional 86 shares during the last quarter. Coldstream Capital Management Inc. lifted its position in shares of XPO by 5.0% in the third quarter. Coldstream Capital Management Inc. now owns 2,239 shares of the transportation company's stock valued at $245,000 after buying an additional 107 shares during the last quarter. Greenleaf Trust lifted its position in shares of XPO by 5.0% in the fourth quarter. Greenleaf Trust now owns 2,374 shares of the transportation company's stock valued at $311,000 after buying an additional 114 shares during the last quarter. CIBC Asset Management Inc lifted its position in shares of XPO by 3.6% in the third quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company's stock valued at $359,000 after buying an additional 116 shares during the last quarter. Finally, Stephens Inc. AR lifted its holdings in XPO by 6.4% during the 3rd quarter. Stephens Inc. AR now owns 2,377 shares of the transportation company's stock worth $256,000 after purchasing an additional 142 shares during the last quarter. 97.73% of the stock is currently owned by institutional investors.

XPO Trading Up 1.0 %

Shares of XPO stock traded up $1.41 during mid-day trading on Friday, hitting $148.32. The company's stock had a trading volume of 1,684,785 shares, compared to its average volume of 1,433,174. The company's fifty day simple moving average is $141.20 and its 200-day simple moving average is $127.94. XPO, Inc. has a 52 week low of $97.03 and a 52 week high of $161.00. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market cap of $17.26 billion, a PE ratio of 45.92, a P/E/G ratio of 1.93 and a beta of 2.12.

XPO (NYSE:XPO - Get Free Report) last issued its earnings results on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.21. XPO had a return on equity of 30.36% and a net margin of 4.81%. As a group, equities research analysts expect that XPO, Inc. will post 4.16 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently weighed in on XPO shares. Stephens reissued an "overweight" rating and set a $165.00 price target on shares of XPO in a report on Wednesday, December 4th. UBS Group lifted their price target on XPO from $159.00 to $170.00 and gave the stock a "buy" rating in a report on Friday. Wells Fargo & Company cut their target price on XPO from $175.00 to $170.00 and set an "overweight" rating for the company in a research report on Tuesday, January 7th. TD Cowen raised their price target on XPO from $137.00 to $150.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Finally, Benchmark upped their price objective on shares of XPO from $155.00 to $160.00 and gave the stock a "buy" rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and sixteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $155.72.

XPO Company 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.