Mutual of America Capital Management LLC Sells 1,418 Shares of XPO, Inc. (NYSE:XPO)

Mutual of America Capital Management LLC lowered its position in XPO, Inc. (NYSE:XPO) by 2.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 61,488 shares of the transportation company’s stock after selling 1,418 shares during the quarter. Mutual of America Capital Management LLC owned about 0.05% of XPO worth $8,064,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC purchased a new position in XPO in the fourth quarter worth $8,772,000. Y Intercept Hong Kong Ltd purchased a new position in XPO in the fourth quarter worth $2,102,000. Handelsbanken Fonder AB grew its position in XPO by 6.3% in the fourth quarter. Handelsbanken Fonder AB now owns 32,200 shares of the transportation company’s stock worth $4,223,000 after acquiring an additional 1,900 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in XPO in the fourth quarter worth $163,938,000. Finally, Atria Wealth Solutions Inc. grew its position in XPO by 40.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 4,632 shares of the transportation company’s stock worth $607,000 after acquiring an additional 1,328 shares in the last quarter. Institutional investors own 97.73% of the company’s stock.

Wall Street Analyst Weigh In

XPO has been the subject of several research reports. UBS Group upped their target price on shares of XPO from $159.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Stephens restated an “overweight” rating and set a $165.00 price target on shares of XPO in a research report on Wednesday, December 4th. Raymond James cut their price target on shares of XPO from $170.00 to $165.00 and set an “outperform” rating for the company in a research report on Friday, February 7th. JPMorgan Chase & Co. upped their price target on shares of XPO from $146.00 to $160.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. Finally, Wells Fargo & Company cut their price target on shares of XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Sixteen equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $161.13.

XPO Price Performance

Shares of NYSE XPO opened at $122.90 on Monday. XPO, Inc. has a fifty-two week low of $97.03 and a fifty-two week high of $161.00. The company has a 50 day simple moving average of $135.88 and a two-hundred day simple moving average of $130.55. The company has a market capitalization of $14.41 billion, a price-to-earnings ratio of 38.05, a P/E/G ratio of 1.79 and a beta of 2.12. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06.

XPO (NYSE:XPO) last announced its earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. Analysts expect that XPO, Inc. will post 4.15 EPS for the current fiscal year.

XPO 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.