XPO (NYSE:XPO) Director Allison Landry Sells 2,400 Shares

XPO, Inc. (NYSE:XPO) Director Allison Landry sold 2,400 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $215.61, for a total value of $517,464.00. Following the completion of the sale, the director directly owned 4,849 shares in the company, valued at $1,045,492.89. This trade represents a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

XPO Stock Performance

NYSE:XPO opened at $214.42 on Friday. The stock’s 50-day simple moving average is $206.64 and its 200 day simple moving average is $177.28. The firm has a market capitalization of $25.18 billion, a PE ratio of 73.43, a price-to-earnings-growth ratio of 2.51 and a beta of 1.87. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. XPO, Inc. has a twelve month low of $110.78 and a twelve month high of $231.46.

XPO (NYSE:XPO) last announced its quarterly earnings results on Thursday, April 30th. The transportation company reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.12. XPO had a return on equity of 26.21% and a net margin of 4.19%.The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same period last year, the firm posted $0.73 earnings per share. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. On average, analysts anticipate that XPO, Inc. will post 4.84 EPS for the current fiscal year.

Institutional Investors Weigh In On XPO

A number of large investors have recently bought and sold shares of XPO. Durable Capital Partners LP raised its holdings in shares of XPO by 79.3% during the second quarter. Durable Capital Partners LP now owns 3,595,056 shares of the transportation company’s stock valued at $454,020,000 after purchasing an additional 1,589,759 shares during the period. Norges Bank acquired a new stake in XPO in the fourth quarter valued at approximately $204,304,000. Bessemer Group Inc. grew its stake in XPO by 115.9% in the first quarter. Bessemer Group Inc. now owns 2,420,899 shares of the transportation company’s stock valued at $470,986,000 after acquiring an additional 1,299,480 shares during the period. Invesco Ltd. grew its stake in XPO by 19.8% in the third quarter. Invesco Ltd. now owns 6,267,881 shares of the transportation company’s stock valued at $810,249,000 after acquiring an additional 1,036,434 shares during the period. Finally, Capital World Investors grew its stake in XPO by 7.3% in the third quarter. Capital World Investors now owns 10,860,803 shares of the transportation company’s stock valued at $1,403,973,000 after acquiring an additional 735,450 shares during the period. 97.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently commented on XPO shares. Citigroup lifted their price target on XPO from $207.00 to $221.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Oppenheimer lifted their price target on XPO from $228.00 to $236.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Susquehanna lowered XPO from a “positive” rating to a “neutral” rating and lifted their price target for the company from $160.00 to $210.00 in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of XPO in a research note on Friday, February 6th. Finally, Stifel Nicolaus set a $237.00 price objective on XPO in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, XPO presently has an average rating of “Moderate Buy” and an average target price of $211.24.

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.