Caisse DE Depot ET Placement DU Quebec Decreases Stock Holdings in XPO, Inc. (NYSE:XPO)

Caisse DE Depot ET Placement DU Quebec trimmed its position in shares of XPO, Inc. (NYSE:XPO - Free Report) by 52.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 229,870 shares of the transportation company's stock after selling 257,539 shares during the period. Caisse DE Depot ET Placement DU Quebec owned 0.20% of XPO worth $24,713,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of XPO. ORG Wealth Partners LLC bought a new position in shares of XPO during the 3rd quarter worth $25,000. Blue Trust Inc. increased its stake in shares of XPO by 25,800.0% in the second quarter. Blue Trust Inc. now owns 259 shares of the transportation company's stock worth $27,000 after purchasing an additional 258 shares in the last quarter. Quest Partners LLC purchased a new position in XPO in the 2nd quarter valued at approximately $28,000. International Assets Investment Management LLC bought a new stake in XPO during the 2nd quarter valued at $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in XPO during the 2nd quarter valued at $37,000. 97.73% of the stock is owned by hedge funds and other institutional investors.

XPO Price Performance

NYSE XPO traded up $2.21 on Monday, reaching $154.62. 1,514,745 shares of the company's stock traded hands, compared to its average volume of 1,461,264. The stock has a market cap of $18.00 billion, a PE ratio of 50.04, a P/E/G ratio of 2.29 and a beta of 2.07. XPO, Inc. has a 12 month low of $78.72 and a 12 month high of $156.85. The stock has a 50-day simple moving average of $128.55 and a 200 day simple moving average of $116.50. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06.

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. The Goldman Sachs Group reduced their price target on XPO from $139.00 to $136.00 and set a "buy" rating for the company in a research report on Wednesday, October 9th. Susquehanna lifted their target price on XPO from $145.00 to $160.00 and gave the company a "positive" rating in a report on Wednesday, September 18th. Evercore ISI lowered their price target on shares of XPO from $129.00 to $125.00 and set an "outperform" rating on the stock in a report on Thursday, October 3rd. Wells Fargo & Company raised their price objective 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. Finally, Oppenheimer reaffirmed an "outperform" rating and set a $140.00 target price on shares of XPO in a report on Friday, October 4th. Two analysts have rated the stock with a sell rating and fifteen have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $141.13.

XPO Company 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.