Wilmington Savings Fund Society FSB Buys 138 Shares of XPO, Inc. (NYSE:XPO)

Wilmington Savings Fund Society FSB increased its stake in shares of XPO, Inc. (NYSE:XPO) by 13.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,138 shares of the transportation company’s stock after acquiring an additional 138 shares during the period. Wilmington Savings Fund Society FSB’s holdings in XPO were worth $149,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of XPO. D1 Capital Partners L.P. raised its holdings in XPO by 84.2% during the third quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock worth $506,484,000 after acquiring an additional 2,153,042 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in XPO by 239.5% in the third quarter. The Manufacturers Life Insurance Company now owns 553,305 shares of the transportation company’s stock valued at $59,486,000 after buying an additional 390,320 shares during the period. Holocene Advisors LP raised its stake in XPO by 61.2% in the third quarter. Holocene Advisors LP now owns 683,931 shares of the transportation company’s stock valued at $73,529,000 after buying an additional 259,727 shares during the period. JPMorgan Chase & Co. raised its stake in XPO by 36.2% in the third quarter. JPMorgan Chase & Co. now owns 698,831 shares of the transportation company’s stock valued at $75,131,000 after buying an additional 185,686 shares during the period. Finally, Vaughan Nelson Investment Management L.P. bought a new stake in XPO in the third quarter valued at approximately $18,071,000. Institutional investors own 97.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Benchmark upped their price objective on XPO from $155.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Stephens restated an “overweight” rating and issued a $165.00 price objective on shares of XPO in a research note on Wednesday, December 4th. Barclays dropped their price objective on XPO from $170.00 to $165.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Oppenheimer upped their price objective on XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Finally, The Goldman Sachs Group increased their target price on XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. One analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $161.13.

XPO Trading Down 2.3 %

NYSE:XPO opened at $144.57 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.08. The stock has a market capitalization of $16.83 billion, a PE ratio of 44.76, a price-to-earnings-growth ratio of 1.93 and a beta of 2.12. The firm’s 50 day moving average is $140.93 and its 200 day moving average is $128.68. XPO, Inc. has a 12 month low of $97.03 and a 12 month high of $161.00.

XPO (NYSE:XPO) last posted its earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.21. XPO had a return on equity of 30.36% and a net margin of 4.81%. Sell-side analysts expect that XPO, Inc. will post 4.16 earnings per share for the current year.

About XPO

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.