Vaughan Nelson Investment Management L.P. boosted its stake in shares of XPO, Inc. (NYSE:XPO - Free Report) by 140.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 404,835 shares of the transportation company's stock after buying an additional 236,745 shares during the quarter. Vaughan Nelson Investment Management L.P. owned 0.35% of XPO worth $53,095,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of XPO. ORG Wealth Partners LLC purchased a new position in shares of XPO during the 3rd quarter worth $25,000. Versant Capital Management Inc purchased a new position in XPO in the 4th quarter worth approximately $29,000. UMB Bank n.a. grew its holdings in XPO by 356.6% during the 3rd quarter. UMB Bank n.a. now owns 452 shares of the transportation company's stock valued at $49,000 after purchasing an additional 353 shares in the last quarter. Brooklyn Investment Group purchased a new stake in shares of XPO during the third quarter worth about $57,000. Finally, Continuum Advisory LLC increased its holdings in XPO by 51.3% during the 3rd quarter. Continuum Advisory LLC now owns 900 shares of the transportation company's stock worth $97,000 after purchasing an additional 305 shares during the last quarter. Institutional investors and hedge funds own 97.73% of the company's stock.
Wall Street Analyst Weigh In
XPO has been the topic of several research reports. Oppenheimer increased their price objective on shares of XPO from $148.00 to $176.00 and gave the stock an "outperform" rating in a research note on Thursday, December 12th. Barclays cut their price target on shares of XPO from $170.00 to $165.00 and set an "overweight" rating for the company in a report on Friday, January 17th. Citigroup lifted their target price on XPO from $155.00 to $179.00 and gave the stock a "buy" rating in a report on Tuesday, November 12th. Stifel Nicolaus upped their price target on shares of XPO from $124.00 to $147.00 and gave the company a "hold" rating in a research report on Thursday, January 23rd. Finally, Stephens restated an "overweight" rating and set a $165.00 price objective on shares of XPO in a research report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, XPO currently has an average rating of "Moderate Buy" and an average price target of $156.35.
Check Out Our Latest Report on XPO
XPO Stock Performance
Shares of XPO stock traded down $3.44 on Wednesday, hitting $144.57. The company's stock had a trading volume of 633,981 shares, compared to its average volume of 1,499,639. 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, Inc. has a fifty-two week low of $97.03 and a fifty-two week high of $161.00. The stock's 50 day moving average is $140.93 and its 200-day moving average is $128.68. The company has a market capitalization of $16.83 billion, a PE ratio of 44.76, a PEG ratio of 1.93 and a beta of 2.12.
XPO (NYSE:XPO - Get Free Report) last posted its quarterly earnings results 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 net margin of 4.81% and a return on equity of 30.36%. Equities research analysts expect that XPO, Inc. will post 4.16 earnings per share for the current fiscal year.
XPO Profile
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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.
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