XPO, Inc. (NYSE:XPO) Shares Sold by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC lowered its stake in shares of XPO, Inc. (NYSE:XPO - Free Report) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 248,922 shares of the transportation company's stock after selling 13,617 shares during the period. XPO accounts for 1.8% of Rice Hall James & Associates LLC's investment portfolio, making the stock its 14th largest position. Rice Hall James & Associates LLC owned 0.21% of XPO worth $32,646,000 as of its most recent filing with the SEC.

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on XPO from $146.00 to $160.00 and gave the company an "overweight" rating in a report on Friday, December 6th. Wells Fargo & Company cut their price objective on XPO from $175.00 to $170.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. Jefferies Financial Group boosted their price objective on XPO from $150.00 to $165.00 and gave the company a "buy" rating in a report on Friday, January 10th. Barclays cut their price objective on XPO from $170.00 to $165.00 and set an "overweight" rating on the stock in a report on Friday, January 17th. Finally, Stifel Nicolaus upped their price target on XPO from $124.00 to $147.00 and gave the stock a "hold" rating in a report on Thursday, January 23rd. One research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $161.13.

XPO Stock Down 5.5 %

Shares of NYSE:XPO traded down $7.29 on Friday, hitting $125.13. 2,841,017 shares of the company's stock were exchanged, compared to its average volume of 1,478,013. The firm's 50-day moving average is $139.17 and its 200 day moving average is $129.87. The company has a market capitalization of $14.67 billion, a PE ratio of 38.75, a P/E/G ratio of 1.85 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 debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06.

XPO (NYSE:XPO - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.21. XPO had a return on equity of 30.36% and a net margin of 4.81%. Sell-side analysts predict that XPO, Inc. will post 4.15 EPS for the current year.

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.