Fox Run Management L.L.C. Has $1.72 Million Stake in XPO, Inc. (NYSE:XPO)

Fox Run Management L.L.C. lifted its stake in XPO, Inc. (NYSE:XPO - Free Report) by 55.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,118 shares of the transportation company's stock after purchasing an additional 4,673 shares during the quarter. XPO accounts for about 0.3% of Fox Run Management L.L.C.'s investment portfolio, making the stock its 28th largest holding. Fox Run Management L.L.C.'s holdings in XPO were worth $1,720,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. KLP Kapitalforvaltning AS acquired a new position in XPO in the 4th quarter worth approximately $3,108,000. Xponance Inc. increased its holdings in shares of XPO by 3.4% in the 4th quarter. Xponance Inc. now owns 23,487 shares of the transportation company's stock valued at $3,080,000 after purchasing an additional 778 shares during the period. South Street Advisors LLC purchased a new stake in shares of XPO in the fourth quarter worth approximately $228,000. Envestnet Portfolio Solutions Inc. lifted its position in XPO by 9.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 7,772 shares of the transportation company's stock worth $1,019,000 after buying an additional 703 shares in the last quarter. Finally, Natixis Advisors LLC grew its holdings in shares of XPO by 42.8% during the 4th quarter. Natixis Advisors LLC now owns 61,414 shares of the transportation company's stock valued at $8,054,000 after acquiring an additional 18,398 shares in the last quarter. 97.73% of the stock is owned by hedge funds and other institutional investors.

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XPO Stock Performance

Shares of XPO stock traded down $0.56 during mid-day trading on Tuesday, reaching $111.94. The stock had a trading volume of 777,481 shares, compared to its average volume of 1,499,153. XPO, Inc. has a one year low of $97.03 and a one year high of $161.00. The firm has a market cap of $13.12 billion, a PE ratio of 34.62, a P/E/G ratio of 1.79 and a beta of 2.13. The firm's 50 day simple moving average is $128.09 and its 200 day simple moving average is $129.71. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.08.

XPO (NYSE:XPO - Get Free Report) last released its quarterly earnings data 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 net margin of 4.81% and a return on equity of 30.36%. On average, analysts forecast that XPO, Inc. will post 4.15 EPS for the current year.

Insider Activity at XPO

In related news, COO David J. Bates acquired 1,880 shares of the company's stock in a transaction on Thursday, March 13th. The stock was purchased at an average cost of $106.16 per share, for a total transaction of $199,580.80. Following the completion of the purchase, the chief operating officer now directly owns 21,106 shares of the company's stock, valued at $2,240,612.96. The trade was a 9.78 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

XPO has been the subject of a number of recent research reports. Raymond James cut their price target on XPO from $170.00 to $165.00 and set an "outperform" rating for the company in a research note on Friday, February 7th. Susquehanna raised shares of XPO from a "neutral" rating to a "positive" rating and lifted their price objective for the company from $155.00 to $180.00 in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft initiated coverage on XPO in a report on Friday, March 7th. They set a "buy" rating and a $156.00 target price on the stock. Jefferies Financial Group upped their price target on XPO from $150.00 to $165.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Finally, Benchmark increased their price objective on XPO from $155.00 to $160.00 and gave the company a "buy" rating in a report on Friday, February 7th. Nineteen investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $158.47.

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.