Fishman Jay A Ltd. MI Has $41.59 Million Holdings in XPO, Inc. (NYSE:XPO)

Fishman Jay A Ltd. MI lessened its holdings in XPO, Inc. (NYSE:XPO - Free Report) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 317,091 shares of the transportation company's stock after selling 2,977 shares during the period. XPO accounts for about 3.9% of Fishman Jay A Ltd. MI's investment portfolio, making the stock its 7th biggest holding. Fishman Jay A Ltd. MI owned approximately 0.27% of XPO worth $41,586,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in XPO. D1 Capital Partners L.P. boosted its holdings in shares of XPO by 84.2% during the 3rd quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company's stock worth $506,484,000 after buying an additional 2,153,042 shares during the period. State Street Corp grew its holdings in shares of XPO by 1.1% during the 3rd quarter. State Street Corp now owns 3,477,846 shares of the transportation company's stock worth $373,903,000 after purchasing an additional 37,486 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in XPO by 0.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company's stock worth $165,299,000 after buying an additional 10,318 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of XPO by 36.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 698,831 shares of the transportation company's stock valued at $75,131,000 after acquiring an additional 185,686 shares in the last quarter. Finally, Holocene Advisors LP grew its stake in shares of XPO by 61.2% in the 3rd quarter. Holocene Advisors LP now owns 683,931 shares of the transportation company's stock valued at $73,529,000 after purchasing an additional 259,727 shares during the period. Institutional investors own 97.73% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on XPO shares. JPMorgan Chase & Co. increased their target price on shares of XPO from $146.00 to $160.00 and gave the stock an "overweight" rating in a research report on Friday, December 6th. Wells Fargo & Company cut their price target on XPO from $175.00 to $170.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 7th. Stifel Nicolaus raised their price objective on shares of XPO from $124.00 to $147.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. Oppenheimer boosted their target price on XPO from $148.00 to $176.00 and gave the stock an "outperform" rating in a research report on Thursday, December 12th. Finally, UBS Group boosted their price target on shares of XPO from $159.00 to $170.00 and gave the company a "buy" rating in a report on Friday, February 7th. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $161.13.

XPO Stock Performance

XPO stock traded up $2.22 during trading hours on Friday, reaching $145.65. The stock had a trading volume of 762,400 shares, compared to its average volume of 1,433,174. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a 50-day simple moving average of $140.46 and a 200 day simple moving average of $129.25. The stock has a market capitalization of $16.95 billion, a PE ratio of 45.09, a price-to-earnings-growth ratio of 1.93 and a beta of 2.12. XPO, Inc. has a fifty-two week low of $97.03 and a fifty-two week high of $161.00.

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 for the quarter, beating analysts' consensus estimates of $0.68 by $0.21. XPO had a return on equity of 30.36% and a net margin of 4.81%. Analysts predict that XPO, Inc. will post 4.16 EPS for the current fiscal year.

XPO 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.