Capital International Sarl Trims Stock Position in XPO, Inc. $XPO

Capital International Sarl lessened its holdings in shares of XPO, Inc. (NYSE:XPO) by 25.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,303 shares of the transportation company’s stock after selling 15,820 shares during the period. Capital International Sarl’s holdings in XPO were worth $6,157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in XPO. Toth Financial Advisory Corp raised its holdings in shares of XPO by 100.0% during the fourth quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. Elyxium Wealth LLC purchased a new position in shares of XPO during the fourth quarter worth $28,000. Torren Management LLC purchased a new position in shares of XPO during the fourth quarter worth $37,000. Horizon Investments LLC purchased a new position in shares of XPO during the third quarter worth $39,000. Finally, International Assets Investment Management LLC purchased a new position in shares of XPO during the fourth quarter worth $41,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on XPO. The Goldman Sachs Group reissued a “buy” rating and set a $220.00 target price on shares of XPO in a report on Thursday, April 30th. JPMorgan Chase & Co. increased their target price on shares of XPO from $189.00 to $201.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 10th. Raymond James Financial restated an “outperform” rating and set a $233.00 target price on shares of XPO in a research report on Friday, May 1st. TD Cowen raised their target price on XPO from $192.00 to $224.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Finally, Truist Financial set a $240.00 price target on XPO in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, XPO has a consensus rating of “Moderate Buy” and an average target price of $216.95.

XPO Stock Performance

Shares of XPO stock opened at $219.07 on Monday. The company has a market capitalization of $25.72 billion, a P/E ratio of 75.02, a P/E/G ratio of 2.55 and a beta of 1.83. The business’s 50 day moving average is $209.88 and its two-hundred day moving average is $180.50. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. XPO, Inc. has a 12-month low of $116.68 and a 12-month high of $231.46.

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

Insider Activity at XPO

In other news, Director Allison Landry sold 2,400 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $215.61, for a total transaction of $517,464.00. Following the completion of the sale, the director 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 Securities & Exchange Commission, which is available at this link. 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.