Gilman Hill Asset Management LLC Purchases 280 Shares of XPO, Inc. (NYSE:XPO)

Gilman Hill Asset Management LLC raised its holdings in shares of XPO, Inc. (NYSE:XPO) by 0.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,517 shares of the transportation company’s stock after purchasing an additional 280 shares during the period. Gilman Hill Asset Management LLC’s holdings in XPO were worth $4,789,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in XPO. D1 Capital Partners L.P. lifted its stake in shares of XPO by 84.2% during the 3rd quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock valued at $506,484,000 after buying an additional 2,153,042 shares in the last quarter. State Street Corp raised its holdings in XPO by 1.1% during the 3rd quarter. State Street Corp now owns 3,477,846 shares of the transportation company’s stock valued at $373,903,000 after buying an additional 37,486 shares during the period. Clearbridge Investments LLC boosted its stake in shares of XPO by 11.3% during the 2nd quarter. Clearbridge Investments LLC now owns 2,488,210 shares of the transportation company’s stock worth $264,124,000 after purchasing an additional 253,519 shares during the period. Massachusetts Financial Services Co. MA grew its stake in shares of XPO by 0.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company’s stock valued at $165,299,000 after buying an additional 10,318 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in XPO by 36.2% in the third quarter. JPMorgan Chase & Co. now owns 698,831 shares of the transportation company’s stock worth $75,131,000 after purchasing an additional 185,686 shares during the period. 97.73% of the stock is owned by institutional investors.

XPO Trading Down 0.5 %

XPO stock opened at $137.82 on Monday. The stock has a 50-day moving average price of $144.69 and a 200 day moving average price of $125.16. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.04. The stock has a market cap of $16.04 billion, a PE ratio of 44.60, a P/E/G ratio of 1.70 and a beta of 2.11. XPO, Inc. has a 52 week low of $81.19 and a 52 week high of $161.00.

XPO (NYSE:XPO) last issued its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.89 by $0.13. The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. XPO’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.88 earnings per share. Equities research analysts predict that XPO, Inc. will post 3.6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Susquehanna lowered shares of XPO from a “positive” rating to a “neutral” rating and cut their price objective for the company from $160.00 to $155.00 in a report on Tuesday, January 7th. Wells Fargo & Company cut their price target on shares of XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Citigroup upped their target price on XPO from $155.00 to $179.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. TD Cowen raised their target price on XPO from $137.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Finally, Benchmark lifted their price objective on shares of XPO from $150.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, XPO presently has an average rating of “Moderate Buy” and a consensus price target of $149.71.

About XPO

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.