XPO, Inc. (NYSE:XPO) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its stake in XPO, Inc. (NYSE:XPO - Free Report) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,298 shares of the transportation company's stock after selling 1,771 shares during the period. Yousif Capital Management LLC's holdings in XPO were worth $5,416,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. ORG Wealth Partners LLC bought a new position in shares of XPO in the third quarter worth about $25,000. Versant Capital Management Inc bought a new position in XPO during the 4th quarter worth about $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 worth $49,000 after acquiring an additional 353 shares in the last quarter. Brooklyn Investment Group bought a new position in XPO during the 3rd quarter worth about $57,000. Finally, Future Financial Wealth Managment LLC bought a new position in XPO during the 3rd quarter worth about $78,000. 97.73% of the stock is currently owned by institutional investors.

XPO Stock Performance

NYSE:XPO traded down $1.19 during midday trading on Monday, hitting $146.97. The company's stock had a trading volume of 640,922 shares, compared to its average volume of 1,528,731. XPO, Inc. has a fifty-two week low of $97.03 and a fifty-two week high of $161.00. The firm's 50 day moving average is $141.20 and its 200-day moving average is $128.19. 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 firm has a market cap of $17.11 billion, a P/E ratio of 45.52, a P/E/G ratio of 1.93 and a beta of 2.12.

XPO (NYSE:XPO - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share 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 analysts anticipate that XPO, Inc. will post 4.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Jefferies Financial Group increased their target price on shares of XPO from $150.00 to $165.00 and gave the stock a "buy" rating in a report on Friday, January 10th. TD Cowen increased their target price on shares of XPO from $137.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. Stephens reiterated an "overweight" rating and set a $165.00 target price on shares of XPO in a report on Wednesday, December 4th. The Goldman Sachs Group increased their price target on shares of XPO from $150.00 to $167.00 and gave the company a "buy" rating in a research report on Thursday, December 12th. Finally, Oppenheimer increased their price target on shares of XPO from $148.00 to $176.00 and gave the company an "outperform" rating in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and fifteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $156.35.

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.