Corient Private Wealth LLC Has $656,000 Holdings in XPO, Inc. (NYSE:XPO)

Corient Private Wealth LLC raised its holdings in XPO, Inc. (NYSE:XPOFree Report) by 9.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,495 shares of the transportation company’s stock after acquiring an additional 636 shares during the period. Corient Private Wealth LLC’s holdings in XPO were worth $656,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of XPO. Benjamin F. Edwards & Company Inc. grew its position in shares of XPO by 170.2% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 335 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 211 shares during the period. Hanseatic Management Services Inc. bought a new stake in XPO in the 3rd quarter valued at $43,000. GAMMA Investing LLC acquired a new position in XPO in the 4th quarter worth $46,000. Quent Capital LLC increased its holdings in XPO by 33.5% during the 4th quarter. Quent Capital LLC now owns 729 shares of the transportation company’s stock worth $64,000 after purchasing an additional 183 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new stake in shares of XPO in the 4th quarter valued at about $69,000. 97.73% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on XPO shares. Barclays lifted their target price on XPO from $100.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th. The Goldman Sachs Group lifted their price target on shares of XPO from $98.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Morgan Stanley downgraded shares of XPO from an “equal weight” rating to an “underweight” rating and increased their price objective for the stock from $75.00 to $80.00 in a research note on Monday, February 12th. BMO Capital Markets raised their price objective on XPO from $100.00 to $145.00 and gave the company an “outperform” rating in a report on Thursday, February 8th. Finally, Citigroup upped their target price on XPO from $100.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat, XPO has a consensus rating of “Moderate Buy” and an average target price of $116.60.

Read Our Latest Stock Report on XPO

XPO Stock Performance

XPO opened at $108.46 on Thursday. The company has a debt-to-equity ratio of 2.49, a current ratio of 0.94 and a quick ratio of 0.94. The business has a fifty day simple moving average of $114.55 and a 200 day simple moving average of $105.16. XPO, Inc. has a 1 year low of $47.35 and a 1 year high of $130.51. The company has a market capitalization of $12.62 billion, a PE ratio of 53.17, a price-to-earnings-growth ratio of 1.45 and a beta of 2.09.

XPO (NYSE:XPOGet Free Report) last released its quarterly earnings results on Friday, May 3rd. The transportation company reported $0.81 EPS 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 business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the prior year, the company posted $0.56 earnings per share. XPO’s revenue was up 5.8% compared to the same quarter last year. Research analysts expect that XPO, Inc. will post 3.63 EPS for the current year.

Insider Transactions at XPO

In related news, Director Allison Landry sold 1,875 shares of the business’s stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $104.52, for a total value of $195,975.00. Following the completion of the sale, the director now directly owns 6,965 shares in the company, valued at $727,981.80. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, Director Allison Landry sold 1,875 shares of the firm’s stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $104.52, for a total value of $195,975.00. Following the transaction, the director now owns 6,965 shares in the company, valued at $727,981.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Mfn Partners, Lp sold 1,250,000 shares of the company’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $112.98, for a total transaction of $141,225,000.00. Following the sale, the insider now directly owns 11,425,369 shares of the company’s stock, valued at approximately $1,290,838,189.62. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

XPO Profile

(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.

See Also

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Institutional Ownership by Quarter for XPO (NYSE:XPO)

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