Capital International Ltd. CA Lowers Position in XPO, Inc. $XPO

Capital International Ltd. CA lessened its holdings in XPO, Inc. (NYSE:XPO) by 26.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,319 shares of the transportation company’s stock after selling 9,662 shares during the period. Capital International Ltd. CA’s holdings in XPO were worth $3,577,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Los Angeles Capital Management LLC purchased a new stake in shares of XPO in the fourth quarter worth $68,000. Havemeyer Place LP purchased a new stake in shares of XPO in the fourth quarter worth $739,000. WINTON GROUP Ltd purchased a new position in XPO in the fourth quarter worth $4,758,000. Westfield Capital Management Co. LP grew its position in XPO by 4.2% in the fourth quarter. Westfield Capital Management Co. LP now owns 724,214 shares of the transportation company’s stock worth $98,428,000 after acquiring an additional 29,500 shares in the last quarter. Finally, Vise Technologies Inc. grew its position in XPO by 51.2% in the fourth quarter. Vise Technologies Inc. now owns 3,478 shares of the transportation company’s stock worth $473,000 after acquiring an additional 1,177 shares in the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Stock Performance

XPO stock opened at $219.07 on Monday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a market capitalization of $25.72 billion, a PE ratio of 75.02, a P/E/G ratio of 2.55 and a beta of 1.83. The firm has a fifty day simple moving average of $209.88 and a two-hundred day simple moving average of $180.50. XPO, Inc. has a twelve month low of $116.68 and a twelve month high of $231.46.

XPO (NYSE:XPO) last posted its quarterly earnings results on Thursday, April 30th. The transportation company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.12. The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.04 billion. XPO had a net margin of 4.19% and a return on equity of 26.21%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.73 earnings per share. Research analysts expect that XPO, Inc. will post 4.84 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on XPO shares. Oppenheimer upped their target price on shares of XPO from $228.00 to $236.00 and gave the stock an “outperform” rating in a research report on Monday, May 4th. Barclays upped their target price on shares of XPO from $195.00 to $250.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Truist Financial set a $240.00 target price on shares of XPO in a research report on Friday, May 1st. Jefferies Financial Group upped their target price on shares of XPO to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Finally, Weiss Ratings upgraded shares of XPO from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $216.95.

Insiders Place Their Bets

In other XPO news, Director Allison Landry sold 2,400 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $215.61, for a total value of $517,464.00. Following the completion of the sale, the director directly owned 4,849 shares of the company’s stock, valued at $1,045,492.89. The trade was a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.87% of the stock is owned by corporate insiders.

XPO Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.