Inceptionr LLC Lowers Position in XPO, Inc. (NYSE:XPO)

Inceptionr LLC lessened its position in shares of XPO, Inc. (NYSE:XPO - Free Report) by 64.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,186 shares of the transportation company's stock after selling 7,541 shares during the period. Inceptionr LLC's holdings in XPO were worth $549,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of XPO. Versant Capital Management Inc purchased a new position in shares of XPO during the 4th quarter valued at $29,000. Halbert Hargrove Global Advisors LLC bought a new stake in XPO during the fourth quarter valued at $42,000. Cullen Frost Bankers Inc. grew its position in XPO by 69.1% during the fourth quarter. Cullen Frost Bankers Inc. now owns 318 shares of the transportation company's stock worth $42,000 after buying an additional 130 shares in the last quarter. Brooklyn Investment Group bought a new position in XPO in the 3rd quarter worth about $57,000. Finally, UMB Bank n.a. increased its stake in 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 last quarter. Institutional investors own 97.73% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Benchmark boosted 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. Jefferies Financial Group increased their price target on shares of XPO from $150.00 to $165.00 and gave the stock a "buy" rating in a report on Friday, January 10th. The Goldman Sachs Group raised their price objective on shares of XPO from $150.00 to $167.00 and gave the company a "buy" rating in a research report on Thursday, December 12th. UBS Group upped their target price on shares of XPO from $159.00 to $170.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Finally, Barclays lowered their price target on XPO from $165.00 to $150.00 and set an "overweight" rating on the stock in a research report on Monday. Eighteen equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $160.06.

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XPO Trading Up 1.7 %

Shares of NYSE:XPO traded up $1.79 during midday trading on Wednesday, hitting $108.95. 1,592,779 shares of the stock traded hands, compared to its average volume of 1,484,166. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.08. The business's 50 day moving average is $132.87 and its two-hundred day moving average is $130.06. The stock has a market capitalization of $12.77 billion, a PE ratio of 33.73, a P/E/G ratio of 1.79 and a beta of 2.13. XPO, Inc. has a one year low of $97.03 and a one year high of $161.00.

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, 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, research analysts forecast that XPO, Inc. will post 4.15 earnings per share for the current year.

XPO 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.