Thrivent Financial for Lutherans Has $3.14 Million Holdings in XPO, Inc. (NYSE:XPO)

Thrivent Financial for Lutherans decreased its position in XPO, Inc. (NYSE:XPO - Free Report) by 21.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,207 shares of the transportation company's stock after selling 7,943 shares during the quarter. Thrivent Financial for Lutherans' holdings in XPO were worth $3,140,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Traynor Capital Management Inc. boosted its stake in XPO by 125.2% during the 3rd quarter. Traynor Capital Management Inc. now owns 24,142 shares of the transportation company's stock valued at $2,596,000 after purchasing an additional 13,422 shares during the period. Westwood Holdings Group Inc. raised its holdings in shares of XPO by 38.6% during the second quarter. Westwood Holdings Group Inc. now owns 205,196 shares of the transportation company's stock valued at $21,782,000 after buying an additional 57,192 shares during the last quarter. Hsbc Holdings PLC boosted its position in shares of XPO by 595.5% during the second quarter. Hsbc Holdings PLC now owns 25,565 shares of the transportation company's stock worth $2,718,000 after buying an additional 21,889 shares during the period. Comerica Bank grew its holdings in XPO by 10.8% in the 1st quarter. Comerica Bank now owns 54,529 shares of the transportation company's stock worth $6,654,000 after buying an additional 5,336 shares in the last quarter. Finally, Algert Global LLC increased its position in XPO by 46.2% in the 2nd quarter. Algert Global LLC now owns 50,005 shares of the transportation company's stock valued at $5,308,000 after acquiring an additional 15,795 shares during the period. 97.73% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

XPO has been the subject of a number of recent analyst reports. Susquehanna increased their target price on shares of XPO from $145.00 to $160.00 and gave the company a "positive" rating in a research report on Wednesday, September 18th. The Goldman Sachs Group lowered their price objective on shares of XPO from $139.00 to $136.00 and set a "buy" rating on the stock in a research note on Wednesday, October 9th. Barclays increased their price target on XPO from $150.00 to $170.00 and gave the company an "overweight" rating in a research note on Wednesday, November 13th. Stifel Nicolaus boosted their price objective on XPO from $125.00 to $126.00 and gave the stock a "buy" rating in a research note on Monday, October 21st. Finally, Evercore ISI decreased their target price on XPO from $129.00 to $125.00 and set an "outperform" rating for the company in a research note on Thursday, October 3rd. Two 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.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $141.13.

XPO Stock Down 0.2 %

Shares of NYSE XPO traded down $0.27 during mid-day trading on Tuesday, reaching $151.32. The company had a trading volume of 1,226,449 shares, compared to its average volume of 1,467,944. The stock has a fifty day moving average of $124.64 and a two-hundred day moving average of $115.12. XPO, Inc. has a 12-month low of $78.72 and a 12-month high of $156.85. The company has a market capitalization of $17.61 billion, a price-to-earnings ratio of 49.08, a PEG ratio of 2.24 and a beta of 2.07. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06.

XPO (NYSE:XPO - Get Free Report) last issued its earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.13. XPO had a net margin of 4.57% and a return on equity of 31.16%. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.02 billion. During the same quarter last year, the business posted $0.88 EPS. The company's revenue for the quarter was up 3.7% on a year-over-year basis. As a group, equities research analysts expect that XPO, Inc. will post 3.62 EPS for the current year.

About XPO

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.