Whalen Wealth Management Inc. Acquires New Position in XPO, Inc. (NYSE:XPO)

Whalen Wealth Management Inc. acquired a new position in XPO, Inc. (NYSE:XPO - Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,570 shares of the transportation company's stock, valued at approximately $706,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. ORG Wealth Partners LLC acquired a new stake in XPO during the third quarter valued at $25,000. Blue Trust Inc. grew its position in XPO by 25,800.0% during the second quarter. Blue Trust Inc. now owns 259 shares of the transportation company's stock valued at $27,000 after buying an additional 258 shares during the period. Quest Partners LLC acquired a new stake in shares of XPO in the second quarter valued at about $28,000. International Assets Investment Management LLC acquired a new stake in shares of XPO in the second quarter valued at about $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of XPO in the second quarter valued at about $37,000. Institutional investors and hedge funds own 97.73% of the company's stock.

XPO Trading Up 0.9 %

Shares of XPO stock traded up $1.30 on Tuesday, reaching $145.77. The company had a trading volume of 672,922 shares, compared to its average volume of 1,476,927. The firm's 50 day moving average price is $120.40 and its two-hundred day moving average price is $113.82. The firm has a market cap of $16.97 billion, a PE ratio of 46.75, a PEG ratio of 2.19 and a beta of 2.07. XPO, Inc. has a 52-week low of $78.72 and a 52-week high of $156.85. 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 released its quarterly 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. The business had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. The business's revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.88 EPS. Sell-side analysts predict that XPO, Inc. will post 3.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

XPO has been the topic of several research analyst reports. Wells Fargo & Company lifted their target price on shares of XPO from $119.00 to $150.00 and gave the company an "overweight" rating in a research report on Thursday, October 31st. JPMorgan Chase & Co. dropped their target price on shares of XPO from $147.00 to $143.00 and set an "overweight" rating on the stock in a research report on Friday, September 6th. Susquehanna lifted 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. Barclays raised their price target on shares of XPO from $150.00 to $170.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 13th. Finally, Evercore ISI decreased their price target on shares of XPO from $129.00 to $125.00 and set an "outperform" rating on the stock in a research note on Thursday, October 3rd. Two investment analysts have rated the stock with a sell rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat, XPO currently has an average rating of "Moderate Buy" and a consensus target price of $141.13.

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.