Alamea Verwaltungs GmbH Acquires Shares of 2,617 XPO, Inc. $XPO

Alamea Verwaltungs GmbH acquired a new stake in XPO, Inc. (NYSE:XPO) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 2,617 shares of the transportation company’s stock, valued at approximately $388,000.

Other large investors also recently made changes to their positions in the company. Kestra Advisory Services LLC bought a new position in XPO during the 4th quarter worth $94,000. Marshall Wace LLP bought a new stake in shares of XPO during the 4th quarter worth $1,315,000. Corient IA LLC acquired a new stake in shares of XPO during the 4th quarter valued at $204,000. Bridgewater Associates LP acquired a new stake in shares of XPO during the 4th quarter valued at $4,513,000. Finally, Visionary Wealth Advisors acquired a new stake in shares of XPO during the 4th quarter valued at $377,000. Institutional investors own 97.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Jefferies Financial Group lifted their target price on XPO to $275.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Evercore set a $222.00 target price on XPO in a research report on Friday, May 1st. Benchmark boosted their target price on XPO from $220.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Morgan Stanley set a $105.00 price objective on XPO and gave the stock an “underweight” rating in a report on Friday, May 1st. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $220.00 price objective on shares of XPO in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, XPO presently has a consensus rating of “Moderate Buy” and an average price target of $217.38.

Insider Activity

In other XPO news, Director Allison Landry sold 2,400 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $215.61, for a total transaction of $517,464.00. Following the sale, the director owned 4,849 shares in the company, valued at $1,045,492.89. This represents a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.87% of the stock is currently owned by corporate insiders.

XPO Trading Up 0.1%

NYSE:XPO opened at $227.88 on Friday. The company has a market cap of $26.76 billion, a P/E ratio of 78.04, a P/E/G ratio of 2.65 and a beta of 1.83. The stock’s fifty day moving average price is $213.19 and its two-hundred day moving average price is $183.52. XPO, Inc. has a 1 year low of $116.68 and a 1 year high of $232.05. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99.

XPO (NYSE:XPO) last posted its earnings results on Thursday, April 30th. The transportation company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.12. The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.04 billion. XPO had a return on equity of 26.21% and a net margin of 4.19%.The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.73 earnings per share. As a group, analysts expect that XPO, Inc. will post 4.85 EPS for the current 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.