Duality Advisers LP raised its position in XPO, Inc. (NYSE:XPO – Free Report) by 20.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,782 shares of the transportation company’s stock after acquiring an additional 7,238 shares during the quarter. Duality Advisers LP’s holdings in XPO were worth $3,747,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of the company. Flputnam Investment Management Co. grew its position in XPO by 1.9% in the 3rd quarter. Flputnam Investment Management Co. now owns 7,773 shares of the transportation company’s stock valued at $580,000 after acquiring an additional 145 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in XPO by 1.2% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 14,006 shares of the transportation company’s stock valued at $1,046,000 after acquiring an additional 160 shares in the last quarter. CWM LLC grew its position in XPO by 25.2% in the 4th quarter. CWM LLC now owns 796 shares of the transportation company’s stock valued at $70,000 after acquiring an additional 160 shares in the last quarter. M&T Bank Corp grew its position in XPO by 3.1% in the 3rd quarter. M&T Bank Corp now owns 5,469 shares of the transportation company’s stock valued at $408,000 after acquiring an additional 165 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its position in XPO by 20.5% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 1,000 shares of the transportation company’s stock valued at $75,000 after acquiring an additional 170 shares in the last quarter. 97.73% of the stock is owned by institutional investors and hedge funds.
XPO Stock Up 1.4 %
XPO stock opened at $116.10 on Tuesday. The company has a debt-to-equity ratio of 2.63, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $13.50 billion, a price-to-earnings ratio of 72.11, a price-to-earnings-growth ratio of 2.75 and a beta of 2.19. XPO, Inc. has a fifty-two week low of $40.69 and a fifty-two week high of $130.51. The stock’s fifty day moving average is $122.13 and its two-hundred day moving average is $98.07.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on XPO shares. Raymond James lifted their price objective on XPO from $130.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday, April 15th. Susquehanna boosted their target price on XPO from $100.00 to $140.00 and gave the stock a “positive” rating in a research note on Thursday, February 8th. StockNews.com cut XPO from a “hold” rating to a “sell” rating in a research note on Thursday, December 28th. JPMorgan Chase & Co. boosted their target price on XPO from $97.00 to $122.00 and gave the stock an “overweight” rating in a research note on Thursday, February 8th. Finally, Morgan Stanley cut XPO from an “equal weight” rating to an “underweight” rating and boosted their target price for the stock from $75.00 to $80.00 in a research note on Monday, February 12th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $111.65.
Read Our Latest Analysis on XPO
XPO Company Profile
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.
Featured Articles
- Five stocks we like better than XPO
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Sherwin-William’s Win Over PPG Stock in The Construction Boom
- Compound Interest and Why It Matters When Investing
- Zscaler’s Potential Upside Continues to Explode
- Dividend Capture Strategy: What You Need to Know
- 3 A.I. Stocks to Watch Out For Not Named NVIDIA
Receive News & Ratings for XPO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XPO and related companies with MarketBeat.com's FREE daily email newsletter.