Groupama Asset Managment Grows Stock Position in XPO, Inc. (NYSE:XPO)

Groupama Asset Managment boosted its stake in XPO, Inc. (NYSE:XPO - Free Report) by 8.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 289,761 shares of the transportation company's stock after purchasing an additional 22,942 shares during the quarter. Groupama Asset Managment owned about 0.25% of XPO worth $31,152,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of XPO. Perennial Investment Advisors LLC raised its stake in shares of XPO by 5.5% in the 2nd quarter. Perennial Investment Advisors LLC now owns 1,983 shares of the transportation company's stock valued at $210,000 after acquiring an additional 103 shares during the period. CIBC Asset Management Inc increased its stake in XPO by 3.6% during the 3rd 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 period. Emerald Mutual Fund Advisers Trust raised its position in shares of XPO by 9.8% during the 2nd quarter. Emerald Mutual Fund Advisers Trust now owns 1,416 shares of the transportation company's stock worth $150,000 after buying an additional 126 shares in the last quarter. Stephens Inc. AR raised its position in shares of 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 buying an additional 142 shares in the last quarter. Finally, Resources Management Corp CT ADV boosted its holdings in shares of XPO by 1.9% in the second quarter. Resources Management Corp CT ADV now owns 7,584 shares of the transportation company's stock valued at $805,000 after acquiring an additional 145 shares in the last quarter. Institutional investors and hedge funds own 97.73% of the company's stock.

XPO Price Performance

Shares of XPO traded up $4.03 during trading hours on Monday, hitting $155.66. 1,548,383 shares of the company were exchanged, compared to its average volume of 1,460,626. The company has a market cap of $18.12 billion, a price-to-earnings ratio of 49.07, a P/E/G ratio of 2.30 and a beta of 2.08. The firm's fifty day moving average is $131.73 and its 200 day moving average is $117.75. XPO, Inc. has a fifty-two week low of $80.26 and a fifty-two week high of $156.85. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04.

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. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. The business's quarterly revenue was up 3.7% compared to the same quarter last year. During the same period last year, the firm earned $0.88 EPS. On average, equities analysts anticipate that XPO, Inc. will post 3.62 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on XPO. The Goldman Sachs Group cut their price target on shares of XPO from $139.00 to $136.00 and set a "buy" rating for the company in a report on Wednesday, October 9th. Citigroup increased their price target on XPO from $155.00 to $179.00 and gave the company a "buy" rating in a research report on Tuesday, November 12th. Susquehanna lifted their target price on shares of XPO from $145.00 to $160.00 and gave the company a "positive" rating in a research note on Wednesday, September 18th. Oppenheimer reaffirmed an "outperform" rating and set a $140.00 price target on shares of XPO in a research note on Friday, October 4th. Finally, Wells Fargo & Company boosted their price target on XPO from $119.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday, October 31st. Two research analysts have rated the stock with a sell rating and fifteen have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $143.13.

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.