Hauser Brothers GmbH Decreases Stock Position in XPO, Inc. (NYSE:XPO)

Hauser Brothers GmbH lessened its stake in XPO, Inc. (NYSE:XPO - Free Report) by 27.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 252,300 shares of the transportation company's stock after selling 94,800 shares during the period. XPO comprises 23.7% of Hauser Brothers GmbH's portfolio, making the stock its biggest holding. Hauser Brothers GmbH owned approximately 0.22% of XPO worth $33,089,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Capital Research Global Investors lifted its stake in XPO by 18.5% during the fourth quarter. Capital Research Global Investors now owns 13,641,962 shares of the transportation company's stock worth $1,789,171,000 after purchasing an additional 2,125,686 shares during the period. Capital World Investors lifted its position in shares of XPO by 26.1% during the 4th quarter. Capital World Investors now owns 7,753,883 shares of the transportation company's stock worth $1,016,923,000 after buying an additional 1,605,001 shares during the period. Norges Bank bought a new position in shares of XPO during the 4th quarter worth approximately $188,808,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in XPO in the 4th quarter valued at $163,938,000. Finally, Life Planning Partners Inc grew its position in XPO by 12,923.2% in the fourth quarter. Life Planning Partners Inc now owns 837,393 shares of the transportation company's stock valued at $109,824,000 after acquiring an additional 830,963 shares during the period. 97.73% of the stock is owned by institutional investors and hedge funds.

XPO Stock Performance

XPO traded up $3.58 during trading hours on Wednesday, reaching $100.00. The company's stock had a trading volume of 2,275,210 shares, compared to its average volume of 1,620,440. The firm has a market cap of $11.78 billion, a PE ratio of 30.96, a price-to-earnings-growth ratio of 1.79 and a beta of 2.05. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06. The company's 50-day moving average is $109.30 and its 200-day moving average is $127.87. XPO, Inc. has a 52 week low of $85.06 and a 52 week high of $161.00.

XPO (NYSE:XPO - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 EPS 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%. On average, equities analysts forecast that XPO, Inc. will post 4.15 EPS for the current year.

XPO declared that its Board of Directors has approved a stock repurchase plan on Thursday, March 27th that permits the company to repurchase $750.00 million in shares. This repurchase authorization permits the transportation company to purchase up to 5.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

Analyst Upgrades and Downgrades

XPO has been the topic of several analyst reports. Citigroup lowered their target price on shares of XPO from $148.00 to $113.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Bank of America reduced their target price on shares of XPO from $150.00 to $131.00 and set a "buy" rating on the stock in a research report on Friday, March 28th. Stifel Nicolaus lowered their price objective on XPO from $147.00 to $142.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Barclays cut their price target on XPO from $150.00 to $135.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 2nd. Finally, Jefferies Financial Group lowered their price target on XPO from $170.00 to $135.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. Nineteen investment analysts have rated the stock with a buy rating, According to MarketBeat.com, XPO presently has a consensus rating of "Buy" and a consensus price target of $139.89.

Insider Buying and Selling

In related news, COO David J. Bates purchased 1,880 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average price of $106.16 per share, for a total transaction of $199,580.80. Following the completion of the transaction, the chief operating officer now owns 21,106 shares of the company's stock, valued at approximately $2,240,612.96. This trade represents a 9.78 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. 2.00% of the stock is currently owned by company insiders.

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.