MQS Management LLC Takes Position in XPO, Inc. $XPO

MQS Management LLC acquired a new stake in XPO, Inc. (NYSE:XPO) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,531 shares of the transportation company’s stock, valued at approximately $480,000.

Several other institutional investors have also added to or reduced their stakes in XPO. Toth Financial Advisory Corp boosted its holdings in XPO by 100.0% in the fourth quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 100 shares during the last quarter. Elyxium Wealth LLC bought a new stake in XPO in the fourth quarter valued at approximately $28,000. Root Financial Partners LLC bought a new stake in XPO in the third quarter valued at approximately $32,000. Torren Management LLC bought a new stake in XPO in the fourth quarter valued at approximately $37,000. Finally, Horizon Investments LLC bought a new stake in XPO in the third quarter valued at approximately $39,000. 97.73% of the stock is currently owned by institutional investors.

XPO Price Performance

Shares of NYSE:XPO opened at $202.86 on Friday. 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. The stock’s 50 day moving average is $204.10 and its 200-day moving average is $174.76. The firm has a market capitalization of $23.82 billion, a price-to-earnings ratio of 69.47, a PEG ratio of 2.38 and a beta of 1.87.

XPO (NYSE:XPO) last issued its earnings results on Thursday, April 30th. The transportation company reported $1.01 earnings per share for the quarter, topping 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 company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same period in the prior year, the firm earned $0.73 earnings per share. XPO’s revenue for the quarter was up 7.3% on a year-over-year basis. Sell-side analysts forecast that XPO, Inc. will post 4.84 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Susquehanna cut XPO from a “positive” rating to a “neutral” rating and upped their target price for the company from $160.00 to $210.00 in a report on Wednesday, February 11th. UBS Group set a $210.00 price target on XPO and gave the stock a “buy” rating in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of XPO in a report on Friday, February 6th. Stifel Nicolaus set a $237.00 price target on XPO in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. increased their price target on XPO from $189.00 to $201.00 and gave the stock an “overweight” rating in a report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.