Kyle Wismans Sells 750 Shares of XPO (NYSE:XPO) Stock

XPO, Inc. (NYSE:XPO) CFO Kyle Wismans sold 750 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $178.52, for a total value of $133,890.00. Following the sale, the chief financial officer directly owned 48,716 shares of the company’s stock, valued at approximately $8,696,780.32. This trade represents a 1.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

XPO Stock Performance

XPO stock opened at $173.94 on Thursday. The company has a market cap of $20.37 billion, a price-to-earnings ratio of 51.31, a price-to-earnings-growth ratio of 1.82 and a beta of 1.85. XPO, Inc. has a 12 month low of $121.48 and a 12 month high of $232.05. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.01 and a quick ratio of 1.01. The stock’s 50-day moving average is $199.26 and its 200-day moving average is $203.92.

XPO (NYSE:XPO) last issued its earnings results on Thursday, July 30th. The transportation company reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.22. XPO had a return on equity of 29.64% and a net margin of 4.71%.The business had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the previous year, the business earned $1.05 EPS. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. Equities analysts anticipate that XPO, Inc. will post 5.42 earnings per share for the current year.

Institutional Investors Weigh In On XPO

A number of hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC grew its holdings in XPO by 13.2% in the 1st quarter. Parallel Advisors LLC now owns 421 shares of the transportation company’s stock valued at $82,000 after buying an additional 49 shares during the last quarter. V Square Quantitative Management LLC boosted its position in shares of XPO by 19.1% in the first quarter. V Square Quantitative Management LLC now owns 374 shares of the transportation company’s stock valued at $73,000 after acquiring an additional 60 shares during the period. Root Financial Partners LLC boosted its position in shares of XPO by 21.1% in the first quarter. Root Financial Partners LLC now owns 362 shares of the transportation company’s stock valued at $70,000 after acquiring an additional 63 shares during the period. Allworth Financial LP grew its stake in shares of XPO by 10.1% in the fourth quarter. Allworth Financial LP now owns 810 shares of the transportation company’s stock worth $110,000 after acquiring an additional 74 shares during the last quarter. Finally, Resonant Capital Advisors LLC grew its stake in shares of XPO by 2.3% in the first quarter. Resonant Capital Advisors LLC now owns 4,193 shares of the transportation company’s stock worth $816,000 after acquiring an additional 96 shares during the last quarter. Institutional investors and hedge funds own 97.73% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on XPO shares. Oppenheimer raised their target price on shares of XPO from $236.00 to $238.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Stephens upped their price target on shares of XPO from $255.00 to $270.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Weiss Ratings lowered XPO from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 25th. JPMorgan Chase & Co. boosted their price objective on XPO from $208.00 to $210.00 and gave the stock an “overweight” rating in a research note on Monday, June 8th. Finally, Citigroup dropped their target price on XPO from $221.00 to $220.00 and set a “neutral” rating on the stock in a report on Tuesday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $225.82.

XPO Company Profile

XPO, Inc is a transportation and logistics company that provides freight-moving services to businesses in North America and Europe. Its operations are centered on less-than-truckload (LTL) transportation, which consolidates shipments from multiple customers onto individual trucks. The company serves manufacturers, retailers, wholesalers and other commercial customers through a network of terminals, drivers and freight-handling facilities.

In addition to LTL shipping, XPO provides truck brokerage and other transportation-management services, helping customers arrange freight capacity and manage the movement of goods.