XPO, Inc. $XPO Shares Acquired by Anderson Financial Strategies LLC

Anderson Financial Strategies LLC increased its position in shares of XPO, Inc. (NYSE:XPO) by 9.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,869 shares of the transportation company’s stock after buying an additional 1,166 shares during the period. XPO accounts for 1.1% of Anderson Financial Strategies LLC’s holdings, making the stock its 19th biggest position. Anderson Financial Strategies LLC’s holdings in XPO were worth $1,751,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XPO. New York State Common Retirement Fund raised its position in shares of XPO by 5.4% in the first quarter. New York State Common Retirement Fund now owns 62,054 shares of the transportation company’s stock worth $6,676,000 after acquiring an additional 3,200 shares during the period. CWM LLC boosted its position in XPO by 16.8% during the first quarter. CWM LLC now owns 1,114 shares of the transportation company’s stock worth $120,000 after purchasing an additional 160 shares in the last quarter. Signaturefd LLC boosted its position in XPO by 10.6% during the first quarter. Signaturefd LLC now owns 1,363 shares of the transportation company’s stock worth $147,000 after purchasing an additional 131 shares in the last quarter. Cullen Frost Bankers Inc. grew its holdings in XPO by 65.7% in the first quarter. Cullen Frost Bankers Inc. now owns 527 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 209 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of XPO in the first quarter valued at approximately $2,525,000. Institutional investors and hedge funds own 97.73% of the company’s stock.

Insider Buying and Selling

In related news, Director Allison Landry sold 3,250 shares of XPO stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $135.04, for a total transaction of $438,880.00. Following the transaction, the director owned 5,875 shares in the company, valued at approximately $793,360. This trade represents a 35.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 2.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on XPO shares. JPMorgan Chase & Co. lifted their price target on shares of XPO from $144.00 to $166.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Oppenheimer set a $154.00 target price on shares of XPO and gave the company an “outperform” rating in a research report on Friday, October 31st. Citigroup boosted their target price on shares of XPO from $155.00 to $159.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of XPO in a research note on Wednesday, October 8th. Finally, Susquehanna reiterated a “positive” rating and issued a $162.00 price objective on shares of XPO in a report on Friday, October 31st. Twenty equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $148.15.

XPO Stock Performance

NYSE:XPO opened at $127.93 on Tuesday. XPO, Inc. has a twelve month low of $85.06 and a twelve month high of $161.00. The company has a market cap of $15.02 billion, a P/E ratio of 44.27, a P/E/G ratio of 2.51 and a beta of 1.99. The company has a current ratio of 1.01, a quick ratio of 1.02 and a debt-to-equity ratio of 1.88. The company’s 50-day moving average price is $132.21 and its 200-day moving average price is $127.56.

XPO (NYSE:XPO) last released its earnings results on Tuesday, April 11th. The transportation company reported $0.64 earnings per share for the quarter. The business had revenue of ($2,243.00) million for the quarter. XPO had a net margin of 4.32% and a return on equity of 26.48%. On average, sell-side analysts forecast that XPO, Inc. will post 4.15 earnings per share for the current fiscal 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.