Dimensional Fund Advisors LP Has $159.24 Million Position in XPO, Inc. (NYSE:XPO)

Dimensional Fund Advisors LP boosted its position in shares of XPO, Inc. (NYSE:XPO) by 9.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,500,368 shares of the transportation company’s stock after purchasing an additional 130,322 shares during the quarter. Dimensional Fund Advisors LP owned 1.29% of XPO worth $159,243,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Emerald Mutual Fund Advisers Trust boosted its holdings in shares of XPO by 9.8% in the second quarter. Emerald Mutual Fund Advisers Trust now owns 1,416 shares of the transportation company’s stock valued at $150,000 after buying an additional 126 shares during the period. Mystic Asset Management Inc. boosted its holdings in shares of XPO by 1.7% in the first quarter. Mystic Asset Management Inc. now owns 8,750 shares of the transportation company’s stock valued at $1,068,000 after buying an additional 150 shares during the period. US Bancorp DE boosted its holdings in shares of XPO by 0.9% in the first quarter. US Bancorp DE now owns 17,536 shares of the transportation company’s stock valued at $2,140,000 after buying an additional 154 shares during the period. Thoroughbred Financial Services LLC boosted its holdings in shares of XPO by 2.1% in the second quarter. Thoroughbred Financial Services LLC now owns 8,615 shares of the transportation company’s stock valued at $914,000 after buying an additional 175 shares during the period. Finally, Private Advisor Group LLC boosted its holdings in shares of XPO by 4.9% in the first quarter. Private Advisor Group LLC now owns 3,811 shares of the transportation company’s stock valued at $465,000 after buying an additional 179 shares during the period. Institutional investors and hedge funds own 97.73% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on XPO. Bank of America reduced their price target on shares of XPO from $135.00 to $134.00 and set a “buy” rating for the company in a report on Monday, July 22nd. JPMorgan Chase & Co. reduced their price target on shares of XPO from $147.00 to $143.00 and set an “overweight” rating for the company in a report on Friday, September 6th. TD Cowen reduced their price target on shares of XPO from $143.00 to $142.00 and set a “buy” rating for the company in a report on Thursday, September 5th. Susquehanna boosted their price objective on shares of XPO from $145.00 to $160.00 and gave the stock a “positive” rating in a research report on Wednesday. Finally, Benchmark reissued a “buy” rating and issued a $140.00 price objective on shares of XPO in a research report on Thursday. Two research analysts have rated the stock with a sell rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, XPO presently has a consensus rating of “Moderate Buy” and a consensus price target of $130.18.

XPO Stock Performance

NYSE XPO opened at $112.58 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 2.63. The firm’s fifty day moving average price is $113.22 and its two-hundred day moving average price is $113.42. XPO, Inc. has a 1 year low of $65.80 and a 1 year high of $130.51. The firm has a market capitalization of $13.10 billion, a P/E ratio of 55.19, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11.

XPO (NYSE:XPO) last posted its quarterly earnings results on Thursday, August 1st. The transportation company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.11. XPO had a net margin of 4.48% and a return on equity of 32.49%. The firm had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period in the prior year, the firm posted $0.71 earnings per share. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. As a group, research analysts anticipate that XPO, Inc. will post 3.6 EPS for the current year.

XPO Company Profile

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.