New York State Teachers Retirement System Lowers Stock Holdings in XPO, Inc. (NYSE:XPO)

New York State Teachers Retirement System decreased its holdings in XPO, Inc. (NYSE:XPO - Free Report) by 3.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 114,161 shares of the transportation company's stock after selling 3,545 shares during the quarter. New York State Teachers Retirement System owned 0.10% of XPO worth $14,972,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in XPO. Creative Planning lifted its holdings in shares of XPO by 11.3% in the third quarter. Creative Planning now owns 6,019 shares of the transportation company's stock valued at $647,000 after purchasing an additional 611 shares in the last quarter. Global Retirement Partners LLC lifted its stake in XPO by 3.9% during the 3rd quarter. Global Retirement Partners LLC now owns 4,224 shares of the transportation company's stock valued at $454,000 after acquiring an additional 157 shares in the last quarter. Net Worth Advisory Group bought a new position in XPO during the 3rd quarter valued at $228,000. Blue Trust Inc. boosted its holdings in XPO by 369.5% during the 3rd quarter. Blue Trust Inc. now owns 1,216 shares of the transportation company's stock worth $129,000 after acquiring an additional 957 shares during the last quarter. Finally, First Citizens Bank & Trust Co. grew its stake in shares of XPO by 107.4% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 4,993 shares of the transportation company's stock worth $537,000 after acquiring an additional 2,585 shares in the last quarter. Institutional investors and hedge funds own 97.73% of the company's stock.

XPO Stock Performance

NYSE XPO traded down $6.64 during trading on Wednesday, hitting $137.66. 1,556,789 shares of the company's stock traded hands, compared to its average volume of 1,442,542. The stock has a market capitalization of $16.14 billion, a price-to-earnings ratio of 42.62, a PEG ratio of 1.96 and a beta of 2.12. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06. The business has a 50 day moving average of $140.10 and a 200-day moving average of $129.80. XPO, Inc. has a 12-month low of $97.03 and a 12-month high of $161.00.

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 the consensus estimate of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. As a group, equities research analysts anticipate that XPO, Inc. will post 4.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

XPO has been the topic of a number of recent analyst reports. The Goldman Sachs Group raised their price target 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. Stifel Nicolaus boosted their target price on XPO from $124.00 to $147.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd. TD Cowen increased their price target on XPO from $137.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. Barclays dropped their price target on XPO from $170.00 to $165.00 and set an "overweight" rating on the stock in a report on Friday, January 17th. Finally, Wells Fargo & Company reduced their price objective on XPO from $175.00 to $170.00 and set an "overweight" rating for the company in a research note on Tuesday, January 7th. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. According to data from MarketBeat, XPO currently has a consensus rating of "Moderate Buy" and a consensus price target of $161.13.

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.