Sanctuary Advisors LLC Invests $145,000 in XPO, Inc. (NYSE:XPO)

Sanctuary Advisors LLC purchased a new stake in XPO, Inc. (NYSE:XPO) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 1,353 shares of the transportation company’s stock, valued at approximately $145,000.

Other institutional investors have also modified their holdings of the company. Perennial Investment Advisors LLC grew its stake in shares of XPO by 5.5% in the 2nd quarter. Perennial Investment Advisors LLC now owns 1,983 shares of the transportation company’s stock worth $210,000 after purchasing an additional 103 shares during the last quarter. Coldstream Capital Management Inc. boosted its holdings in XPO by 5.0% during the third quarter. Coldstream Capital Management Inc. now owns 2,239 shares of the transportation company’s stock worth $245,000 after buying an additional 107 shares in the last quarter. CIBC Asset Management Inc grew its position in XPO by 3.6% in the third quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company’s stock worth $359,000 after buying an additional 116 shares during the last quarter. Emerald Mutual Fund Advisers Trust lifted its position in shares of XPO by 9.8% during the 2nd quarter. Emerald Mutual Fund Advisers Trust now owns 1,416 shares of the transportation company’s stock valued at $150,000 after acquiring an additional 126 shares during the last quarter. Finally, Stephens Inc. AR lifted its position in shares of XPO by 6.4% during the 3rd quarter. Stephens Inc. AR now owns 2,377 shares of the transportation company’s stock valued at $256,000 after acquiring an additional 142 shares during the last quarter. Institutional investors own 97.73% of the company’s stock.

XPO Price Performance

Shares of XPO opened at $132.59 on Tuesday. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $15.43 billion, a PE ratio of 42.91, a PEG ratio of 2.37 and a beta of 2.08. The firm’s 50 day moving average price is $142.90 and its 200 day moving average price is $122.11. XPO, Inc. has a twelve month low of $80.26 and a twelve month high of $161.00.

XPO (NYSE:XPO) last released its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The business had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. XPO’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.88 EPS. As a group, research analysts expect that XPO, Inc. will post 3.62 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on XPO shares. Susquehanna lifted their price target on XPO from $145.00 to $160.00 and gave the stock a “positive” rating in a research note on Wednesday, September 18th. Citigroup lifted their target price on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Benchmark restated a “buy” rating and issued a $140.00 price target on shares of XPO in a research report on Thursday, September 19th. Stephens reiterated an “overweight” rating and set a $165.00 price objective on shares of XPO in a research report on Wednesday, December 4th. Finally, Stifel Nicolaus increased their target price on XPO from $125.00 to $126.00 and gave the company a “buy” rating in a report on Monday, October 21st. One research analyst has rated the stock with a sell rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $147.31.

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.