Charles Schwab Investment Management Inc. decreased its holdings in shares of XPO, Inc. (NYSE:XPO - Free Report) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 888,231 shares of the transportation company's stock after selling 11,504 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.76% of XPO worth $116,491,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. D1 Capital Partners L.P. lifted its stake in XPO by 84.2% in the third 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 during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in XPO during the 4th quarter valued at about $163,938,000. Life Planning Partners Inc boosted its stake in XPO by 12,923.2% during the 4th quarter. Life Planning Partners Inc now owns 837,393 shares of the transportation company's stock valued at $109,824,000 after purchasing an additional 830,963 shares during the period. The Manufacturers Life Insurance Company grew its position in XPO by 239.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 553,305 shares of the transportation company's stock worth $59,486,000 after purchasing an additional 390,320 shares during the last quarter. Finally, Holocene Advisors LP increased its stake in shares of XPO by 61.2% in the third quarter. Holocene Advisors LP now owns 683,931 shares of the transportation company's stock valued at $73,529,000 after purchasing an additional 259,727 shares during the period. Institutional investors own 97.73% of the company's stock.
Wall Street Analyst Weigh In
XPO has been the subject of a number of recent analyst reports. Benchmark increased their price objective on XPO from $155.00 to $160.00 and gave the stock a "buy" rating in a report on Friday, February 7th. The Goldman Sachs Group increased their price target on XPO from $150.00 to $167.00 and gave the stock a "buy" rating in a research note on Thursday, December 12th. JPMorgan Chase & Co. lifted their price objective on shares of XPO from $146.00 to $160.00 and gave the company an "overweight" rating in a research note on Friday, December 6th. Raymond James decreased their target price on shares of XPO from $170.00 to $165.00 and set an "outperform" rating for the company in a research report on Friday, February 7th. Finally, Stifel Nicolaus raised shares of XPO from a "hold" rating to a "buy" rating and set a $147.00 price target for the company in a research note on Monday, February 24th. Eighteen equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $160.06.
Get Our Latest Stock Analysis on XPO
XPO Stock Up 1.6 %
Shares of NYSE XPO traded up $1.70 during mid-day trading on Wednesday, reaching $108.86. 1,368,387 shares of the company traded hands, compared to its average volume of 1,483,019. The company's fifty day moving average is $132.87 and its two-hundred day moving average is $130.06. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06. XPO, Inc. has a fifty-two week low of $97.03 and a fifty-two week high of $161.00. The stock has a market cap of $12.76 billion, a PE ratio of 33.73, a price-to-earnings-growth ratio of 1.79 and a beta of 2.13.
XPO (NYSE:XPO - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. On average, analysts expect that XPO, Inc. will post 4.15 earnings per share for the current year.
XPO Profile
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Free Report)
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.
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