Hauser Brothers GmbH cut its holdings in shares of XPO, Inc. (NYSE:XPO – Free Report) by 33.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 55,300 shares of the transportation company’s stock after selling 27,700 shares during the quarter. XPO comprises 5.8% of Hauser Brothers GmbH’s investment portfolio, making the stock its 5th biggest position. Hauser Brothers GmbH’s holdings in XPO were worth $7,149,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Bayforest Capital Ltd raised its holdings in XPO by 72.8% in 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 purchased a new position in XPO in the 3rd quarter worth approximately $32,000. EverSource Wealth Advisors LLC boosted its holdings in shares of XPO by 35.8% during the 2nd 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. grew its position in shares of XPO by 247.4% in 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 grew its position in shares of XPO by 71.5% in 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 in the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.
Wall Street Analysts Forecast Growth
XPO has been the topic of a number of analyst reports. Wolfe Research downgraded XPO from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 8th. Evercore set a $200.00 target price on XPO in a report on Friday, February 6th. Zacks Research raised XPO from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of XPO in a research report on Friday, February 6th. Finally, Rothschild & Co Redburn set a $156.00 price objective on shares of XPO in a report on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $182.14.
XPO Trading Down 0.2%
XPO stock traded down $0.30 during midday trading on Friday, hitting $182.51. 110,096 shares of the company’s stock were exchanged, compared to its average volume of 1,863,001. XPO, Inc. has a 1-year low of $85.06 and a 1-year high of $220.50. 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 capitalization of $21.38 billion, a PE ratio of 68.73, a P/E/G ratio of 2.51 and a beta of 1.94. The business has a 50-day simple moving average of $176.76 and a two-hundred day simple moving average of $149.36.
XPO (NYSE:XPO – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The transportation company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.12. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.95 billion. XPO had a return on equity of 25.07% and a net margin of 3.87%.The company’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.89 EPS. On average, sell-side analysts predict that XPO, Inc. will post 4.15 EPS for the current fiscal year.
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.
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