Dimensional Fund Advisors LP Has $216.12 Million Stock Holdings in XPO, Inc. $XPO

Dimensional Fund Advisors LP decreased its holdings in shares of XPO, Inc. (NYSE:XPO) by 6.7% in the first quarter, Holdings Channel reports. The firm owned 1,111,192 shares of the transportation company’s stock after selling 79,703 shares during the quarter. Dimensional Fund Advisors LP’s holdings in XPO were worth $216,124,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in XPO. Border to Coast Pensions Partnership Ltd acquired a new position in shares of XPO during the 1st quarter worth approximately $36,048,000. Econ Financial Services Corp acquired a new stake in XPO during the 4th quarter valued at $1,837,000. Calamos Advisors LLC boosted its position in XPO by 247.8% during the fourth quarter. Calamos Advisors LLC now owns 13,973 shares of the transportation company’s stock worth $1,899,000 after purchasing an additional 9,956 shares during the period. Bank of New York Mellon Corp boosted its position in XPO by 0.9% during the first quarter. Bank of New York Mellon Corp now owns 716,747 shares of the transportation company’s stock worth $139,443,000 after purchasing an additional 6,167 shares during the period. Finally, K.J. Harrison & Partners Inc increased its holdings in shares of XPO by 460.0% in the fourth quarter. K.J. Harrison & Partners Inc now owns 28,000 shares of the transportation company’s stock valued at $3,805,000 after purchasing an additional 23,000 shares during the last quarter. 97.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Stephens upgraded shares of XPO to a “strong-buy” rating in a research note on Wednesday, July 8th. Oppenheimer upped their price target on shares of XPO from $228.00 to $236.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Morgan Stanley set a $105.00 price target on shares of XPO and gave the company an “underweight” rating in a report on Friday, May 1st. Evercore upgraded shares of XPO from an “in-line” rating to an “outperform” rating in a research report on Wednesday, July 1st. Finally, Weiss Ratings upgraded XPO from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, XPO currently has a consensus rating of “Moderate Buy” and a consensus price target of $219.76.

Insider Transactions at XPO

In other XPO news, Director Allison Landry sold 2,400 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $215.61, for a total transaction of $517,464.00. Following the transaction, the director owned 4,849 shares in the company, valued at $1,045,492.89. This represents a 33.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.87% of the stock is owned by corporate insiders.

XPO Stock Up 0.4%

XPO opened at $214.47 on Friday. The stock has a fifty day moving average of $210.14 and a 200-day moving average of $197.22. The company has a market capitalization of $25.18 billion, a P/E ratio of 73.45, a P/E/G ratio of 2.45 and a beta of 1.85. XPO, Inc. has a fifty-two week low of $116.68 and a fifty-two week high of $232.05. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99.

XPO (NYSE:XPO) last released its quarterly earnings results on Thursday, April 30th. The transportation company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.89 by $0.12. XPO had a net margin of 4.19% and a return on equity of 26.21%. The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the prior year, the company posted $0.73 earnings per share. XPO’s revenue was up 7.3% compared to the same quarter last year. On average, equities analysts expect that XPO, Inc. will post 4.91 EPS for the current year.

XPO 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.