Keybank National Association OH Takes Position in XPO, Inc. (NYSE:XPO)

Keybank National Association OH acquired a new stake in XPO, Inc. (NYSE:XPO) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,922 shares of the transportation company’s stock, valued at approximately $252,000.

Other large investors have also modified their holdings of the company. D1 Capital Partners L.P. raised its stake in shares of 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 purchasing an additional 2,153,042 shares during the last quarter. State Street Corp raised its stake in shares of XPO by 1.1% during the third quarter. State Street Corp now owns 3,477,846 shares of the transportation company’s stock worth $373,903,000 after purchasing an additional 37,486 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in XPO by 0.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company’s stock worth $165,299,000 after acquiring an additional 10,318 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in XPO in the fourth quarter worth $163,938,000. Finally, Life Planning Partners Inc raised its position in XPO by 12,923.2% in the fourth quarter. Life Planning Partners Inc now owns 837,393 shares of the transportation company’s stock worth $109,824,000 after acquiring an additional 830,963 shares in the last quarter. 97.73% of the stock is owned by institutional investors and hedge funds.

XPO Stock Up 0.7 %

XPO opened at $107.01 on Wednesday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.08. The firm has a market cap of $12.55 billion, a P/E ratio of 33.13, a PEG ratio of 1.79 and a beta of 2.13. XPO, Inc. has a 52 week low of $97.03 and a 52 week high of $161.00. The business’s fifty day simple moving average is $132.87 and its 200 day simple moving average is $130.06.

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

Wall Street Analyst Weigh In

XPO has been the subject of several research analyst reports. Stifel Nicolaus upgraded XPO from a “hold” rating to a “buy” rating and set a $147.00 price objective for the company in a research report on Monday, February 24th. Susquehanna upgraded XPO from a “neutral” rating to a “positive” rating and increased their price objective for the stock from $155.00 to $180.00 in a research report on Friday, February 7th. Deutsche Bank Aktiengesellschaft initiated coverage on XPO in a research report on Friday, March 7th. They issued a “buy” rating and a $156.00 price objective for the company. Citigroup increased their price objective on XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Finally, Bank of America cut their price objective on XPO from $170.00 to $150.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th. Eighteen research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $160.06.

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.