Cwm LLC Acquires 160 Shares of XPO, Inc. (NYSE:XPO)

Cwm LLC lifted its stake in XPO, Inc. (NYSE:XPO) by 25.2% during the fourth quarter, HoldingsChannel reports. The firm owned 796 shares of the transportation company’s stock after purchasing an additional 160 shares during the period. Cwm LLC’s holdings in XPO were worth $70,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in XPO. Hanseatic Management Services Inc. purchased a new position in XPO during the 3rd quarter valued at about $43,000. Fifth Third Bancorp lifted its holdings in XPO by 37.3% during the third quarter. Fifth Third Bancorp now owns 732 shares of the transportation company’s stock worth $55,000 after buying an additional 199 shares during the period. Quent Capital LLC boosted its position in XPO by 33.5% during the 4th quarter. Quent Capital LLC now owns 729 shares of the transportation company’s stock valued at $64,000 after acquiring an additional 183 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in shares of XPO by 20.5% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 1,000 shares of the transportation company’s stock valued at $75,000 after acquiring an additional 170 shares during the period. Finally, USA Financial Formulas purchased a new stake in shares of XPO during the 3rd quarter worth $103,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on XPO. Raymond James raised their price target on shares of XPO from $130.00 to $145.00 and gave the company an “outperform” rating in a report on Monday, April 15th. Bank of America raised their price objective on XPO from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Monday, April 15th. JPMorgan Chase & Co. boosted their target price on XPO from $97.00 to $122.00 and gave the stock an “overweight” rating in a research note on Thursday, February 8th. The Goldman Sachs Group increased their price target on XPO from $98.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Finally, TD Cowen boosted their price target on XPO from $136.00 to $138.00 and gave the stock a “buy” rating in a research note on Monday. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $114.95.

XPO Stock Up 1.5 %

XPO stock opened at $112.00 on Thursday. XPO, Inc. has a 52 week low of $45.24 and a 52 week high of $130.51. The firm has a market cap of $13.03 billion, a price-to-earnings ratio of 54.90, a price-to-earnings-growth ratio of 2.69 and a beta of 2.17. The business’s 50-day moving average price is $120.32 and its 200 day moving average price is $100.97. The company has a quick ratio of 1.00, a current ratio of 0.94 and a debt-to-equity ratio of 2.49.

XPO (NYSE:XPO) last posted its earnings results on Friday, May 3rd. The transportation company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.13. XPO had a net margin of 3.08% and a return on equity of 30.77%. The firm had revenue of $2.02 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same period in the previous year, the firm earned $0.56 EPS. The business’s quarterly revenue was up 5.8% on a year-over-year basis. As a group, sell-side analysts anticipate that XPO, Inc. will post 3.49 earnings per share for the current year.

XPO Company 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.