Steward Partners Investment Advisory LLC Acquires 118 Shares of XPO, Inc. (NYSE:XPO)

Steward Partners Investment Advisory LLC lifted its stake in XPO, Inc. (NYSE:XPO) by 16.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 839 shares of the transportation company’s stock after buying an additional 118 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in XPO were worth $110,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of XPO. Huntington National Bank raised its position in shares of XPO by 5.3% in the 3rd quarter. Huntington National Bank now owns 4,278 shares of the transportation company’s stock worth $460,000 after purchasing an additional 215 shares during the last quarter. KBC Group NV raised its position in shares of XPO by 7.3% in the 3rd quarter. KBC Group NV now owns 3,109 shares of the transportation company’s stock worth $334,000 after purchasing an additional 211 shares during the last quarter. CIBC Asset Management Inc raised its position in shares of XPO by 3.6% in the 3rd quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company’s stock worth $359,000 after purchasing an additional 116 shares during the last quarter. Natixis Advisors LLC raised its position in shares of XPO by 118.6% in the 3rd quarter. Natixis Advisors LLC now owns 43,016 shares of the transportation company’s stock worth $4,625,000 after purchasing an additional 23,339 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. purchased a new position in shares of XPO in the 3rd quarter worth about $18,071,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Trading Up 1.0 %

Shares of NYSE:XPO opened at $107.19 on Monday. The stock has a 50 day moving average of $131.28 and a 200 day moving average of $129.80. The company has a market cap of $12.57 billion, a PE ratio of 33.18, a price-to-earnings-growth ratio of 1.79 and a beta of 2.13. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.08. XPO, Inc. has a 12-month low of $97.03 and a 12-month high of $161.00.

XPO (NYSE:XPO) last posted its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.21. XPO had a return on equity of 30.36% and a net margin of 4.81%. As a group, equities research analysts expect that XPO, Inc. will post 4.15 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their price target on XPO from $146.00 to $160.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Jefferies Financial Group boosted their target price on XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Wells Fargo & Company decreased their target price on XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Barclays decreased their target price on XPO from $165.00 to $150.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. Finally, Oppenheimer boosted their target price on XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. Nineteen equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $158.47.

XPO Profile

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.