XPO, Inc. $XPO Shares Bought by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank increased its position in XPO, Inc. (NYSE:XPO) by 12.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,298 shares of the transportation company’s stock after purchasing an additional 3,921 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in XPO were worth $4,933,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bayforest Capital Ltd boosted its stake in shares of XPO by 72.8% in the third quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 83 shares during the period. Toth Financial Advisory Corp boosted its stake in shares of XPO by 100.0% in the fourth quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 100 shares during the period. Root Financial Partners LLC purchased a new position in shares of XPO in the third quarter valued at $32,000. Horizon Investments LLC purchased a new position in shares of XPO in the third quarter valued at $39,000. Finally, V Square Quantitative Management LLC purchased a new position in shares of XPO in the fourth quarter valued at $43,000. 97.73% of the stock is currently owned by hedge funds and other institutional investors.

XPO Trading Down 0.6%

NYSE XPO opened at $223.46 on Friday. XPO, Inc. has a 12 month low of $93.82 and a 12 month high of $231.46. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.05 and a quick ratio of 1.05. The company has a market capitalization of $26.24 billion, a price-to-earnings ratio of 84.32, a price-to-earnings-growth ratio of 2.95 and a beta of 1.94. The company’s fifty day moving average price is $202.55 and its two-hundred day moving average price is $164.91.

XPO (NYSE:XPO) last posted its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.12. XPO had a net margin of 3.87% and a return on equity of 25.07%. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the prior year, the firm posted $0.89 EPS. The firm’s revenue was up 4.7% compared to the same quarter last year. As a group, research analysts predict that XPO, Inc. will post 4.49 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

XPO has been the subject of several analyst reports. Stifel Nicolaus upped their target price on shares of XPO from $206.00 to $232.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. JPMorgan Chase & Co. upped their target price on shares of XPO from $189.00 to $201.00 and gave the company an “overweight” rating in a research note on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of XPO in a research note on Friday, February 6th. Wolfe Research downgraded shares of XPO from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 8th. Finally, Truist Financial upped their target price on shares of XPO from $160.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $190.86.

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.