Life Planning Partners Inc raised its position in XPO, Inc. (NYSE:XPO - Free Report) by 12,923.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 837,393 shares of the transportation company's stock after purchasing an additional 830,963 shares during the quarter. XPO comprises 0.9% of Life Planning Partners Inc's investment portfolio, making the stock its 19th biggest position. Life Planning Partners Inc owned 0.72% of XPO worth $109,824,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of XPO in the 4th quarter valued at approximately $163,938,000. Allspring Global Investments Holdings LLC increased its holdings in XPO by 28.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 21,575 shares of the transportation company's stock valued at $2,859,000 after acquiring an additional 4,798 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its holdings in XPO by 140.8% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 404,835 shares of the transportation company's stock valued at $53,095,000 after acquiring an additional 236,745 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its stake in shares of XPO by 13.8% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,138 shares of the transportation company's stock worth $149,000 after purchasing an additional 138 shares during the last quarter. Finally, Apollon Wealth Management LLC acquired a new stake in shares of XPO during the 4th quarter worth about $209,000. 97.73% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms recently issued reports on XPO. Stephens reissued an "overweight" rating and issued a $165.00 target price on shares of XPO in a research report on Wednesday, December 4th. Wells Fargo & Company dropped their price target on shares of XPO from $175.00 to $170.00 and set an "overweight" rating for the company in a research note on Tuesday, January 7th. Benchmark boosted their target price on shares of XPO from $155.00 to $160.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Citigroup boosted their target price on shares of XPO from $155.00 to $179.00 and gave the company a "buy" rating in a research note on Tuesday, November 12th. Finally, UBS Group boosted their price target on shares of XPO from $159.00 to $170.00 and gave the company a "buy" rating in a report on Friday, February 7th. One analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $161.13.
Check Out Our Latest Analysis on XPO
XPO Stock Up 1.5 %
Shares of XPO traded up $2.22 during trading hours on Monday, reaching $145.65. The company's stock had a trading volume of 762,400 shares, compared to its average volume of 1,433,174. The firm has a market cap of $17.08 billion, a price-to-earnings ratio of 45.09, a P/E/G ratio of 1.93 and a beta of 2.12. XPO, Inc. has a 1-year low of $97.03 and a 1-year high of $161.00. 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 company has a 50 day moving average of $140.46 and a two-hundred day moving average of $129.35.
XPO (NYSE:XPO - Get Free Report) last announced its earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share (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%. As a group, research analysts predict that XPO, Inc. will post 4.16 EPS for the current fiscal year.
About XPO
(
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.
See Also
Before you consider XPO, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and XPO wasn't on the list.
While XPO currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
