Vontobel Holding Ltd. Invests $259,000 in XPO, Inc. (NYSE:XPO)

Vontobel Holding Ltd. purchased a new position in shares of XPO, Inc. (NYSE:XPO) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,978 shares of the transportation company’s stock, valued at approximately $259,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Stifel Financial Corp boosted its position in shares of XPO by 159.1% in the third quarter. Stifel Financial Corp now owns 70,407 shares of the transportation company’s stock worth $7,569,000 after acquiring an additional 43,237 shares during the last quarter. Neo Ivy Capital Management acquired a new stake in shares of XPO in the third quarter worth approximately $534,000. Traynor Capital Management Inc. boosted its position in shares of XPO by 125.2% in the third quarter. Traynor Capital Management Inc. now owns 24,142 shares of the transportation company’s stock worth $2,596,000 after acquiring an additional 13,422 shares during the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of XPO in the fourth quarter worth approximately $423,000. Finally, PCJ Investment Counsel Ltd. boosted its position in shares of XPO by 36.2% in the third quarter. PCJ Investment Counsel Ltd. now owns 40,410 shares of the transportation company’s stock worth $4,344,000 after acquiring an additional 10,740 shares during the last quarter. 97.73% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on XPO shares. Raymond James decreased their target price on shares of XPO from $170.00 to $165.00 and set an “outperform” rating on the stock in a research report on Friday, February 7th. TD Cowen raised their target price on shares of XPO from $137.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. The Goldman Sachs Group raised their target price on shares of XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Jefferies Financial Group lifted their price target on shares of XPO from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Finally, Susquehanna raised shares of XPO from a “neutral” rating to a “positive” rating and lifted their price target for the company from $155.00 to $180.00 in a research report on Friday, February 7th. One analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $161.13.

XPO Trading Down 5.8 %

XPO opened at $124.70 on Friday. The stock has a market capitalization of $14.62 billion, a PE ratio of 38.61, a P/E/G ratio of 1.85 and a beta of 2.12. The firm’s fifty day moving average price is $139.17 and its 200 day moving average price is $129.87. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.06 and a quick ratio of 1.06. XPO, Inc. has a 12-month low of $97.03 and a 12-month high of $161.00.

XPO (NYSE:XPO) last posted its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. As a group, research analysts expect that XPO, Inc. will post 4.15 EPS for the current fiscal 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.