XPO, Inc. $XPO Shares Sold by Waratah Capital Advisors Ltd.

Waratah Capital Advisors Ltd. lessened its stake in shares of XPO, Inc. (NYSE:XPO) by 24.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 103,353 shares of the transportation company’s stock after selling 33,762 shares during the quarter. Waratah Capital Advisors Ltd. owned 0.09% of XPO worth $13,360,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of XPO. Amundi lifted its position in XPO by 50.7% during the 1st quarter. Amundi now owns 5,412 shares of the transportation company’s stock worth $582,000 after acquiring an additional 1,820 shares in the last quarter. AQR Capital Management LLC grew its position in XPO by 7.6% in the first quarter. AQR Capital Management LLC now owns 17,654 shares of the transportation company’s stock valued at $1,856,000 after acquiring an additional 1,243 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of XPO by 3.2% during the first quarter. NewEdge Advisors LLC now owns 11,416 shares of the transportation company’s stock valued at $1,228,000 after purchasing an additional 355 shares during the period. CWM LLC lifted its position in shares of XPO by 24.1% during the second quarter. CWM LLC now owns 1,382 shares of the transportation company’s stock worth $175,000 after purchasing an additional 268 shares in the last quarter. Finally, Ethic Inc. boosted its stake in shares of XPO by 8.8% in the second quarter. Ethic Inc. now owns 7,067 shares of the transportation company’s stock valued at $901,000 after purchasing an additional 570 shares during the period. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Trading Up 1.8%

NYSE:XPO opened at $204.87 on Wednesday. The company has a market cap of $24.00 billion, a PE ratio of 77.31, a P/E/G ratio of 2.64 and a beta of 2.01. The business’s 50 day moving average is $161.95 and its two-hundred day moving average is $143.47. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.75. XPO, Inc. has a 52 week low of $85.06 and a 52 week high of $212.71.

XPO (NYSE:XPO) last issued its quarterly earnings results on Thursday, February 5th. The transportation company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.12. XPO had a return on equity of 25.07% and a net margin of 3.87%.The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the previous year, the business earned $0.89 EPS. The business’s quarterly revenue was up 4.7% on a year-over-year basis. On average, analysts predict that XPO, Inc. will post 4.15 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on XPO shares. Stifel Nicolaus lifted their price target on shares of XPO from $166.00 to $206.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Wells Fargo & Company raised their target price on XPO from $147.00 to $205.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Rothschild & Co Redburn set a $156.00 target price on XPO in a research report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of XPO in a report on Friday, February 6th. Finally, Susquehanna lowered XPO from a “positive” rating to a “neutral” rating and raised their price objective for the company from $160.00 to $210.00 in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $178.32.

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.