XPO, Inc. $XPO Stock Position Decreased by Capital International Inc. CA

Capital International Inc. CA trimmed its position in shares of XPO, Inc. (NYSE:XPO) by 27.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,314 shares of the transportation company’s stock after selling 5,307 shares during the period. Capital International Inc. CA’s holdings in XPO were worth $1,945,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XPO. Amundi boosted its stake in XPO by 50.7% during the 1st quarter. Amundi now owns 5,412 shares of the transportation company’s stock valued at $582,000 after purchasing an additional 1,820 shares during the period. AQR Capital Management LLC boosted its stake in XPO by 7.6% during the 1st quarter. AQR Capital Management LLC now owns 17,654 shares of the transportation company’s stock valued at $1,856,000 after purchasing an additional 1,243 shares during the period. NewEdge Advisors LLC boosted its stake in XPO by 3.2% during the 1st quarter. NewEdge Advisors LLC now owns 11,416 shares of the transportation company’s stock valued at $1,228,000 after purchasing an additional 355 shares during the period. EverSource Wealth Advisors LLC boosted its stake in XPO by 35.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 88 shares during the period. Finally, Marshall Wace LLP acquired a new position in XPO during the 2nd quarter valued at about $611,000. 97.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Susquehanna boosted their target price on shares of XPO from $210.00 to $212.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. Weiss Ratings raised shares of XPO from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. TD Cowen upped their price target on shares of XPO from $192.00 to $224.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Stifel Nicolaus set a $237.00 price objective on shares of XPO in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. raised their price objective on shares of XPO from $208.00 to $210.00 and gave the company an “overweight” rating in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $217.38.

Insider Transactions at XPO

In other XPO news, Director Allison Landry sold 2,400 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $215.61, for a total value of $517,464.00. Following the transaction, the director owned 4,849 shares of the company’s stock, valued at approximately $1,045,492.89. This represents a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.87% of the company’s stock.

XPO Stock Performance

NYSE:XPO opened at $224.85 on Tuesday. The company has a 50-day moving average of $210.55 and a 200-day moving average of $181.17. The firm has a market cap of $26.40 billion, a price-to-earnings ratio of 77.00, a price-to-earnings-growth ratio of 2.55 and a beta of 1.83. 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 twelve month low of $116.68 and a twelve 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. XPO had a net margin of 4.19% and a return on equity of 26.21%. The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the previous year, the firm earned $0.73 EPS. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. Analysts forecast that XPO, Inc. will post 4.84 earnings per share for the current fiscal year.

XPO Company 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.