Vanguard Personalized Indexing Management LLC Has $1.05 Million Stake in XPO, Inc. (NYSE:XPO)

Vanguard Personalized Indexing Management LLC cut its position in shares of XPO, Inc. (NYSE:XPO) by 1.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,904 shares of the transportation company’s stock after selling 143 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in XPO were worth $1,051,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Capital Research Global Investors grew its holdings in XPO by 49.9% during the 4th quarter. Capital Research Global Investors now owns 9,290,937 shares of the transportation company’s stock worth $813,824,000 after acquiring an additional 3,094,390 shares during the period. Norges Bank acquired a new stake in XPO during the fourth quarter worth approximately $79,592,000. Clearbridge Investments LLC increased its holdings in XPO by 33.4% in the first quarter. Clearbridge Investments LLC now owns 2,234,691 shares of the transportation company’s stock worth $272,699,000 after purchasing an additional 560,079 shares in the last quarter. Capital World Investors lifted its stake in XPO by 13.1% in the fourth quarter. Capital World Investors now owns 4,349,181 shares of the transportation company’s stock valued at $380,945,000 after buying an additional 503,388 shares during the period. Finally, Balyasny Asset Management L.P. boosted its holdings in shares of XPO by 44.0% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,515,529 shares of the transportation company’s stock worth $132,745,000 after buying an additional 463,267 shares in the last quarter. Institutional investors own 97.73% of the company’s stock.

XPO Price Performance

Shares of NYSE XPO opened at $113.11 on Tuesday. The company has a market capitalization of $13.16 billion, a PE ratio of 55.45, a PEG ratio of 1.76 and a beta of 2.11. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 2.63. The stock’s 50 day moving average price is $113.21 and its 200-day moving average price is $113.16. XPO, Inc. has a twelve month low of $65.80 and a twelve month high of $130.51.

XPO (NYSE:XPO) last posted its quarterly earnings data on Thursday, August 1st. The transportation company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.11. XPO had a return on equity of 32.49% and a net margin of 4.48%. The business had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $2.07 billion. During the same quarter in the previous year, the firm earned $0.71 earnings per share. The business’s revenue was up 8.5% on a year-over-year basis. On average, equities analysts anticipate that XPO, Inc. will post 3.6 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on XPO shares. Stephens reiterated an “overweight” rating and issued a $150.00 price objective on shares of XPO in a research note on Thursday, September 5th. Susquehanna upped their price objective on shares of XPO from $145.00 to $160.00 and gave the company a “positive” rating in a report on Wednesday, September 18th. Raymond James reduced their target price on XPO from $135.00 to $130.00 and set an “outperform” rating for the company in a research note on Monday, June 24th. TD Cowen decreased their target price on XPO from $143.00 to $142.00 and set a “buy” rating for the company in a research report on Thursday, September 5th. Finally, Evercore ISI cut their price target on XPO from $144.00 to $124.00 and set an “outperform” rating on the stock in a report on Tuesday, June 25th. Two analysts have rated the stock with a sell rating, fifteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $130.18.

XPO 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.