XTX Topco Ltd Has $1.83 Million Stock Holdings in XPO, Inc. (NYSE:XPO)

XTX Topco Ltd boosted its holdings in shares of XPO, Inc. (NYSE:XPO - Free Report) by 45.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,020 shares of the transportation company's stock after acquiring an additional 5,314 shares during the period. XTX Topco Ltd's holdings in XPO were worth $1,830,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. ORG Wealth Partners LLC acquired a new position in shares of XPO during the 3rd quarter worth approximately $25,000. Blue Trust Inc. boosted its stake in shares of XPO by 25,800.0% during the second quarter. Blue Trust Inc. now owns 259 shares of the transportation company's stock valued at $27,000 after acquiring an additional 258 shares during the last quarter. Quest Partners LLC purchased a new stake in XPO during the 2nd quarter worth about $28,000. International Assets Investment Management LLC acquired a new position in XPO in the 2nd quarter valued at about $36,000. Finally, UMB Bank n.a. lifted its holdings in XPO by 356.6% in the 3rd quarter. UMB Bank n.a. now owns 452 shares of the transportation company's stock valued at $49,000 after purchasing an additional 353 shares in the last quarter. Hedge funds and other institutional investors own 97.73% of the company's stock.

XPO Stock Performance

Shares of XPO stock traded up $1.24 during trading on Friday, hitting $151.63. 1,354,137 shares of the stock were exchanged, compared to its average volume of 1,085,750. The stock has a market cap of $17.65 billion, a PE ratio of 49.07, a P/E/G ratio of 2.33 and a beta of 2.08. The stock's fifty day moving average is $131.73 and its 200 day moving average is $117.75. XPO, Inc. has a 12 month low of $78.72 and a 12 month high of $156.85. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06.

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

Wall Street Analyst Weigh In

Several analysts have commented on the stock. The Goldman Sachs Group lowered their target price on shares of XPO from $139.00 to $136.00 and set a "buy" rating for the company in a research note on Wednesday, October 9th. Evercore ISI lowered their price target on XPO from $129.00 to $125.00 and set an "outperform" rating for the company in a report on Thursday, October 3rd. JPMorgan Chase & Co. increased their price objective on shares of XPO from $146.00 to $160.00 and gave the stock an "overweight" rating in a report on Friday. Barclays boosted their target price on shares of XPO from $150.00 to $170.00 and gave the company an "overweight" rating in a report on Wednesday, November 13th. Finally, Stephens reaffirmed an "overweight" rating and set a $165.00 price target on shares of XPO in a research note on Wednesday. Two equities research analysts have rated the stock with a sell rating and fifteen have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $143.13.

About XPO

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.