Capital International Sarl Acquires 4,309 Shares of XPO, Inc. $XPO

Capital International Sarl raised its holdings in XPO, Inc. (NYSE:XPO) by 7.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,123 shares of the transportation company’s stock after buying an additional 4,309 shares during the period. Capital International Sarl owned about 0.05% of XPO worth $7,901,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in XPO. Parkside Financial Bank & Trust lifted its holdings in XPO by 23.0% during the 3rd 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 during the last quarter. Archer Investment Corp raised its position in shares of XPO by 9.6% in the third quarter. Archer Investment Corp now owns 932 shares of the transportation company’s stock valued at $120,000 after purchasing an additional 82 shares during the period. Bayforest Capital Ltd lifted its stake in shares of XPO by 72.8% during the 3rd quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company’s stock worth $25,000 after buying an additional 83 shares during the last quarter. Bessemer Group Inc. boosted its holdings in shares of XPO by 21.6% during the 3rd quarter. Bessemer Group Inc. now owns 490 shares of the transportation company’s stock worth $63,000 after buying an additional 87 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in XPO by 35.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company’s stock valued at $42,000 after buying an additional 88 shares during the last quarter. 97.73% of the stock is currently owned by institutional investors.

XPO Stock Performance

XPO opened at $194.71 on Wednesday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.05 and a current ratio of 1.05. XPO, Inc. has a 52-week low of $85.06 and a 52-week high of $220.50. The firm has a market cap of $22.81 billion, a P/E ratio of 73.48, a price-to-earnings-growth ratio of 2.52 and a beta of 1.94. The business’s fifty day moving average is $174.67 and its 200-day moving average is $148.81.

XPO (NYSE:XPO) last announced its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.12. XPO had a net margin of 3.87% and a return on equity of 25.07%. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the prior year, the company posted $0.89 earnings per share. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. Sell-side analysts expect that XPO, Inc. will post 4.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of XPO from $189.00 to $201.00 and gave the stock an “overweight” rating in a research report on Tuesday. Truist Financial lifted their price target on XPO from $160.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Citigroup boosted their price target on XPO from $167.00 to $205.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. UBS Group set a $210.00 price objective on XPO and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of XPO in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $182.14.

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.