XPO, Inc. (NYSE:XPO) Shares Sold by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC cut its holdings in XPO, Inc. (NYSE:XPOFree Report) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,804 shares of the transportation company’s stock after selling 126 shares during the quarter. Kingsview Wealth Management LLC’s holdings in XPO were worth $761,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Versant Capital Management Inc purchased a new stake in XPO in the 4th quarter valued at approximately $29,000. ORG Wealth Partners LLC purchased a new stake in shares of XPO in the third quarter valued at $25,000. Brooklyn Investment Group acquired a new stake in shares of XPO during the third quarter valued at $57,000. UMB Bank n.a. increased its position in XPO by 19.0% during the 4th quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock worth $71,000 after purchasing an additional 86 shares in the last quarter. Finally, Continuum Advisory LLC raised its stake in XPO by 51.3% in the 3rd quarter. Continuum Advisory LLC now owns 900 shares of the transportation company’s stock valued at $97,000 after purchasing an additional 305 shares during the last quarter. 97.73% of the stock is owned by hedge funds and other institutional investors.

XPO Trading Down 2.3 %

NYSE XPO opened at $144.57 on Thursday. The firm has a market capitalization of $16.83 billion, a price-to-earnings ratio of 44.76, a PEG ratio of 1.93 and a beta of 2.12. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06. XPO, Inc. has a one year low of $97.03 and a one year high of $161.00. The company’s 50 day moving average price is $140.93 and its 200 day moving average price is $128.68.

XPO (NYSE:XPOGet Free Report) last posted its earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. On average, sell-side analysts predict that XPO, Inc. will post 4.16 EPS for the current year.

Wall Street Analyst Weigh In

XPO has been the topic of several analyst reports. Benchmark raised their price target on shares of XPO from $155.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Jefferies Financial Group raised their target price on shares of XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Stifel Nicolaus boosted their price target on XPO from $124.00 to $147.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. Barclays decreased their price objective on XPO from $170.00 to $165.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Finally, Citigroup upped their target price on XPO from $155.00 to $179.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. One investment analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $161.13.

Get Our Latest Stock 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.

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Institutional Ownership by Quarter for XPO (NYSE:XPO)

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