XPO Target of Unusually Large Options Trading (NYSE:XPO)

XPO, Inc. (NYSE:XPO) saw some unusual options trading activity on Monday. Traders purchased 4,780 put options on the company. This represents an increase of approximately 406% compared to the typical volume of 945 put options.

Analyst Upgrades and Downgrades

XPO has been the subject of a number of recent analyst reports. Evercore ISI raised their price target on XPO from $141.00 to $151.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Redburn Partners set a $156.00 target price on XPO in a report on Wednesday, November 26th. Bank of America lifted their price target on XPO from $151.00 to $158.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Cowen reiterated a “buy” rating on shares of XPO in a research report on Friday, October 31st. Finally, JPMorgan Chase & Co. lowered their price objective on shares of XPO from $166.00 to $163.00 and set an “overweight” rating for the company in a research report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has given a Hold rating and one has assigned 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 $148.81.

Hedge Funds Weigh In On XPO

Several institutional investors have recently modified their holdings of XPO. Vise Technologies Inc. raised its position in shares of XPO by 3.4% in the 3rd quarter. Vise Technologies Inc. now owns 2,301 shares of the transportation company’s stock valued at $297,000 after acquiring an additional 76 shares during the period. GAMMA Investing LLC increased its stake in XPO by 4.4% in the second quarter. GAMMA Investing LLC now owns 1,860 shares of the transportation company’s stock valued at $235,000 after purchasing an additional 78 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in XPO by 23.0% in the third quarter. Parkside Financial Bank & Trust now owns 439 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 82 shares in the last quarter. Archer Investment Corp raised its holdings in XPO by 9.6% in the third quarter. Archer Investment Corp now owns 932 shares of the transportation company’s stock worth $120,000 after purchasing an additional 82 shares during the period. Finally, Bayforest Capital Ltd boosted its position in shares of XPO by 72.8% during the third quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company’s stock worth $25,000 after purchasing an additional 83 shares in the last quarter. 97.73% of the stock is currently owned by institutional investors and hedge funds.

XPO Price Performance

XPO opened at $146.71 on Tuesday. The company has a fifty day moving average price of $135.88 and a two-hundred day moving average price of $130.53. The firm has a market capitalization of $17.22 billion, a PE ratio of 52.78, a P/E/G ratio of 2.96 and a beta of 2.03. XPO has a 52 week low of $85.06 and a 52 week high of $161.00. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.02 and a current ratio of 1.02.

XPO (NYSE:XPO) last posted its quarterly earnings results on Tuesday, April 11th. The transportation company reported $0.64 earnings per share (EPS) for the quarter. XPO had a return on equity of 26.14% and a net margin of 4.13%.The business had revenue of ($2,243.00) million for the quarter. As a group, analysts anticipate that XPO will post 4.15 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.