Game Creek Capital LP Purchases 6,600 Shares of XPO, Inc. $XPO

Game Creek Capital LP raised its position in shares of XPO, Inc. (NYSE:XPO) by 23.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,000 shares of the transportation company’s stock after buying an additional 6,600 shares during the quarter. XPO comprises 1.6% of Game Creek Capital LP’s portfolio, making the stock its 17th biggest holding. Game Creek Capital LP’s holdings in XPO were worth $4,524,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in XPO. Bayforest Capital Ltd boosted its position in shares of XPO by 72.8% during the 3rd quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 83 shares during the last quarter. Root Financial Partners LLC bought a new stake in XPO in the third quarter worth $32,000. EverSource Wealth Advisors LLC increased its position in XPO by 35.8% in the second quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company’s stock worth $42,000 after purchasing an additional 88 shares during the last quarter. Farmers & Merchants Investments Inc. raised its stake in XPO by 247.4% during the third quarter. Farmers & Merchants Investments Inc. now owns 337 shares of the transportation company’s stock valued at $44,000 after purchasing an additional 240 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in XPO by 71.5% during the third quarter. Smartleaf Asset Management LLC now owns 434 shares of the transportation company’s stock valued at $55,000 after purchasing an additional 181 shares during the last quarter. Institutional investors own 97.73% of the company’s stock.

XPO Trading Down 0.6%

Shares of XPO opened at $181.79 on Friday. XPO, Inc. has a twelve month low of $85.06 and a twelve month high of $220.50. The company has a market cap of $21.30 billion, a P/E ratio of 68.60, a P/E/G ratio of 2.37 and a beta of 1.94. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.75. The company’s fifty day simple moving average is $177.62 and its 200-day simple moving average is $149.69.

XPO (NYSE:XPO) last released its quarterly earnings results on Thursday, February 5th. The transportation company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.12. The firm had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.95 billion. XPO had a net margin of 3.87% and a return on equity of 25.07%. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.89 EPS. As a group, analysts expect that XPO, Inc. will post 4.15 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on XPO shares. Barclays set a $195.00 price objective on shares of XPO and gave the stock an “overweight” rating in a research note on Friday, February 6th. Zacks Research upgraded shares of XPO from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 12th. Susquehanna lowered XPO from a “positive” rating to a “neutral” rating and lifted their price target for the stock from $160.00 to $210.00 in a research report on Wednesday, February 11th. Rothschild & Co Redburn set a $156.00 price objective on XPO in a research note on Wednesday, November 26th. Finally, Oppenheimer upped their price objective on XPO from $198.00 to $228.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $182.14.

XPO Company Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.