Mutual of America Capital Management LLC Decreases Stake in XPO, Inc. (NYSE:XPO)

Mutual of America Capital Management LLC lowered its position in shares of XPO, Inc. (NYSE:XPOFree Report) by 9.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,186 shares of the transportation company’s stock after selling 8,141 shares during the period. Mutual of America Capital Management LLC owned approximately 0.06% of XPO worth $5,613,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Sandbar Asset Management LLP boosted its holdings in shares of XPO by 36.8% during the 3rd quarter. Sandbar Asset Management LLP now owns 17,490 shares of the transportation company’s stock valued at $1,306,000 after acquiring an additional 4,705 shares during the last quarter. Pathstone Family Office LLC purchased a new stake in XPO during the 3rd quarter valued at $641,000. Vanguard Personalized Indexing Management LLC boosted its stake in shares of XPO by 3.4% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 20,116 shares of the transportation company’s stock worth $1,502,000 after buying an additional 661 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of XPO by 59.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 46,567 shares of the transportation company’s stock worth $3,477,000 after buying an additional 17,386 shares during the last quarter. Finally, Janney Capital Management LLC grew its holdings in shares of XPO by 2.7% in the third quarter. Janney Capital Management LLC now owns 9,706 shares of the transportation company’s stock worth $725,000 after acquiring an additional 257 shares during the period. 89.67% of the stock is currently owned by hedge funds and other institutional investors.

XPO Trading Up 2.4 %

Shares of XPO stock opened at $120.84 on Monday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 2.63. The stock has a market capitalization of $14.03 billion, a price-to-earnings ratio of 75.06, a price-to-earnings-growth ratio of 3.03 and a beta of 2.10. XPO, Inc. has a 12-month low of $29.02 and a 12-month high of $122.10. The stock’s 50-day moving average price is $88.19 and its 200-day moving average price is $79.94.

XPO (NYSE:XPOGet Free Report) last released its quarterly earnings data on Wednesday, February 7th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.15. XPO had a return on equity of 29.85% and a net margin of 2.44%. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the previous year, the company posted $0.98 EPS. The company’s revenue was up 6.0% compared to the same quarter last year. Equities research analysts predict that XPO, Inc. will post 3.32 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on XPO shares. BMO Capital Markets boosted their price target on XPO from $100.00 to $145.00 and gave the company an “outperform” rating in a research note on Thursday. Stifel Nicolaus increased their price target on shares of XPO from $77.00 to $87.00 and gave the stock a “hold” rating in a research report on Wednesday, January 10th. JPMorgan Chase & Co. boosted their price objective on shares of XPO from $97.00 to $122.00 and gave the company an “overweight” rating in a research report on Thursday. The Goldman Sachs Group raised their target price on XPO from $98.00 to $126.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Morgan Stanley cut XPO from an “equal weight” rating to an “underweight” rating and upped their price target for the stock from $75.00 to $80.00 in a research report on Monday. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $101.40.

View Our Latest Analysis on XPO

About XPO

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for XPO (NYSE:XPO)

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.