XPO (NYSE:XPO) Upgraded at Susquehanna

Susquehanna upgraded shares of XPO (NYSE:XPO - Free Report) from a neutral rating to a positive rating in a research note issued to investors on Friday, Marketbeat.com reports. Susquehanna currently has $180.00 target price on the transportation company's stock, up from their previous target price of $155.00.

Several other research firms have also issued reports on XPO. TD Cowen raised their price objective on XPO from $137.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Wells Fargo & Company lowered their price objective on XPO from $175.00 to $170.00 and set an "overweight" rating for the company in a research note on Tuesday, January 7th. Jefferies Financial Group raised their price objective on XPO from $150.00 to $165.00 and gave the company a "buy" rating in a research note on Friday, January 10th. Stifel Nicolaus raised their price objective on XPO from $124.00 to $147.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. Finally, Citigroup raised their price objective on XPO from $155.00 to $179.00 and gave the company a "buy" rating in a research note on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $156.35.

XPO Price Performance

XPO stock traded down $0.33 during midday trading on Friday, reaching $146.15. 435,365 shares of the stock traded hands, compared to its average volume of 1,509,831. The stock's fifty day moving average is $141.04 and its 200-day moving average is $128.41. XPO has a 12 month low of $97.03 and a 12 month high of $161.00. The stock has a market cap of $17.01 billion, a P/E ratio of 45.10, a PEG ratio of 1.93 and a beta of 2.12. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.08.

XPO (NYSE:XPO - Get Free Report) last announced its quarterly earnings results 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%. As a group, equities research analysts anticipate that XPO will post 4.16 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. KLP Kapitalforvaltning AS purchased a new position in shares of XPO in the 4th quarter valued at $3,108,000. Xponance Inc. boosted its position in shares of XPO by 3.4% in the 4th quarter. Xponance Inc. now owns 23,487 shares of the transportation company's stock worth $3,080,000 after purchasing an additional 778 shares in the last quarter. South Street Advisors LLC acquired a new stake in shares of XPO in the 4th quarter worth $228,000. Envestnet Portfolio Solutions Inc. boosted its position in shares of XPO by 9.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 7,772 shares of the transportation company's stock worth $1,019,000 after purchasing an additional 703 shares in the last quarter. Finally, Natixis Advisors LLC boosted its position in shares of XPO by 42.8% in the 4th quarter. Natixis Advisors LLC now owns 61,414 shares of the transportation company's stock worth $8,054,000 after purchasing an additional 18,398 shares in the last quarter. 97.73% of the stock is currently owned by hedge funds and other institutional investors.

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.