232,053 Shares in XPO, Inc. $XPO Purchased by Compass Wealth Management LLC

Compass Wealth Management LLC purchased a new stake in shares of XPO, Inc. (NYSE:XPO) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 232,053 shares of the transportation company’s stock, valued at approximately $29,997,000. XPO accounts for 3.5% of Compass Wealth Management LLC’s holdings, making the stock its 3rd biggest position. Compass Wealth Management LLC owned approximately 0.20% of XPO as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Parkside Financial Bank & Trust increased its stake in shares of XPO by 23.0% during the 3rd quarter. Parkside Financial Bank & Trust now owns 439 shares of the transportation company’s stock worth $57,000 after purchasing an additional 82 shares during the last quarter. Bayforest Capital Ltd grew its holdings in XPO by 72.8% during the third quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 83 shares during the period. 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 buying an additional 88 shares during the last quarter. QRG Capital Management Inc. raised its stake in shares of XPO by 2.2% in the third quarter. QRG Capital Management Inc. now owns 4,491 shares of the transportation company’s stock valued at $581,000 after buying an additional 97 shares during the period. Finally, Securian Asset Management Inc. lifted its position in shares of XPO by 1.1% during the 2nd quarter. Securian Asset Management Inc. now owns 9,004 shares of the transportation company’s stock valued at $1,137,000 after buying an additional 100 shares during the last quarter. Institutional investors own 97.73% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on XPO. Truist Financial boosted their price objective on XPO from $160.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Wall Street Zen upgraded shares of XPO from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Citigroup upped their price target on shares of XPO from $167.00 to $205.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Barclays set a $195.00 price objective on shares of XPO and gave the company an “overweight” rating in a research note on Friday, February 6th. Finally, TD Cowen reissued a “buy” rating on shares of XPO in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, XPO has a consensus rating of “Moderate Buy” and a consensus target price of $178.32.

XPO Price Performance

Shares of NYSE:XPO opened at $203.19 on Friday. The company has a 50 day moving average of $158.50 and a 200 day moving average of $141.39. 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 stock has a market cap of $23.80 billion, a P/E ratio of 76.68, a P/E/G ratio of 2.67 and a beta of 2.01. XPO, Inc. has a 12 month low of $85.06 and a 12 month high of $207.77.

XPO (NYSE:XPO) last posted its earnings results on Thursday, February 5th. The transportation company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.12. The business had revenue of $2.01 billion for 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 business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.89 EPS. As a group, sell-side analysts forecast that XPO, Inc. will post 4.15 EPS for the current fiscal year.

About XPO

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.