Dimensional Fund Advisors LP Sells 6,467 Shares of XPO, Inc. (NYSE:XPO)

Dimensional Fund Advisors LP lessened its holdings in shares of XPO, Inc. (NYSE:XPO - Free Report) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,271,177 shares of the transportation company's stock after selling 6,467 shares during the period. Dimensional Fund Advisors LP owned 1.09% of XPO worth $166,733,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Versant Capital Management Inc bought a new position in shares of XPO in the fourth quarter worth $29,000. Halbert Hargrove Global Advisors LLC bought a new position in XPO in the 4th quarter valued at about $42,000. Cullen Frost Bankers Inc. increased its stake in XPO by 69.1% during the 4th quarter. Cullen Frost Bankers Inc. now owns 318 shares of the transportation company's stock valued at $42,000 after buying an additional 130 shares during the period. Larson Financial Group LLC raised its position in shares of XPO by 25.6% during the 4th quarter. Larson Financial Group LLC now owns 373 shares of the transportation company's stock worth $49,000 after buying an additional 76 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in shares of XPO by 19.0% in the 4th quarter. UMB Bank n.a. now owns 538 shares of the transportation company's stock worth $71,000 after acquiring an additional 86 shares during the period. 97.73% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, COO David J. Bates acquired 1,880 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average price of $106.16 per share, for a total transaction of $199,580.80. Following the transaction, the chief operating officer now directly owns 21,106 shares of the company's stock, valued at approximately $2,240,612.96. This trade represents a 9.78 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.00% of the company's stock.

XPO Price Performance

XPO stock traded up $1.11 during trading on Monday, hitting $97.53. 2,295,689 shares of the stock traded hands, compared to its average volume of 1,756,510. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.08. The stock has a market cap of $11.49 billion, a price-to-earnings ratio of 30.23, a P/E/G ratio of 1.79 and a beta of 2.05. XPO, Inc. has a one year low of $85.06 and a one year high of $161.00. The company has a 50 day simple moving average of $107.50 and a 200 day simple moving average of $128.03.

XPO (NYSE:XPO - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, topping 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%. Equities analysts expect that XPO, Inc. will post 4.15 EPS for the current fiscal year.

XPO declared that its Board of Directors has initiated a stock repurchase plan on Thursday, March 27th that allows the company to repurchase $750.00 million in outstanding shares. This repurchase authorization allows the transportation company to buy up to 5.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Stifel Nicolaus cut their price objective on XPO from $147.00 to $142.00 and set a "buy" rating for the company in a report on Monday, April 14th. Vertical Research raised shares of XPO from a "hold" rating to a "buy" rating and set a $140.00 price target for the company in a report on Thursday, March 6th. Citigroup lowered their price objective on shares of XPO from $148.00 to $113.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Wells Fargo & Company cut their target price on shares of XPO from $170.00 to $130.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Finally, UBS Group dropped their price target on XPO from $170.00 to $108.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Nineteen research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, XPO has an average rating of "Buy" and a consensus price target of $139.63.

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.