4,772 Shares in XPO, Inc. $XPO Purchased by Choreo LLC

Choreo LLC acquired a new stake in shares of XPO, Inc. (NYSE:XPO) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,772 shares of the transportation company’s stock, valued at approximately $603,000.

Several other institutional investors have also modified their holdings of XPO. Avantax Advisory Services Inc. raised its holdings in XPO by 9.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 4,195 shares of the transportation company’s stock valued at $451,000 after buying an additional 374 shares during the period. Cetera Investment Advisers raised its stake in shares of XPO by 8.6% in the first quarter. Cetera Investment Advisers now owns 11,170 shares of the transportation company’s stock valued at $1,202,000 after acquiring an additional 886 shares during the period. HB Wealth Management LLC purchased a new stake in shares of XPO in the first quarter valued at $203,000. US Bancorp DE lifted its holdings in shares of XPO by 3.2% in the 1st quarter. US Bancorp DE now owns 23,089 shares of the transportation company’s stock worth $2,484,000 after acquiring an additional 707 shares during the last quarter. Finally, Alberta Investment Management Corp boosted its stake in shares of XPO by 159.4% during the 1st quarter. Alberta Investment Management Corp now owns 17,900 shares of the transportation company’s stock worth $1,926,000 after purchasing an additional 11,000 shares during the period. 97.73% of the stock is owned by institutional investors.

Insider Transactions at XPO

In other XPO news, Director Allison Landry sold 3,250 shares of the firm’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $135.04, for a total transaction of $438,880.00. Following the transaction, the director owned 5,875 shares of the company’s stock, valued at approximately $793,360. This trade represents a 35.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.90% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on XPO. Redburn Partners set a $156.00 price objective on shares of XPO in a research report on Wednesday, November 26th. Raymond James Financial upped their target price on XPO from $132.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Evercore ISI increased their price target on XPO from $141.00 to $151.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. UBS Group boosted their price objective on XPO from $150.00 to $162.00 and gave the company a “buy” rating in a report on Friday, October 3rd. Finally, Oppenheimer set a $154.00 target price on XPO and gave the stock an “outperform” rating in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, XPO has an average rating of “Moderate Buy” and an average target price of $148.86.

XPO Trading Up 0.8%

Shares of NYSE XPO opened at $143.26 on Tuesday. The company has a quick ratio of 1.02, a current ratio of 1.01 and a debt-to-equity ratio of 1.88. The business has a fifty day simple moving average of $132.93 and a two-hundred day simple moving average of $128.89. The firm has a market cap of $16.82 billion, a PE ratio of 49.57, a price-to-earnings-growth ratio of 2.51 and a beta of 1.99. XPO, Inc. has a twelve month low of $85.06 and a twelve month high of $161.00.

XPO (NYSE:XPO) last posted its quarterly earnings results on Tuesday, April 11th. The transportation company reported $0.64 earnings per share (EPS) for the quarter. The business had revenue of ($2,243.00) million for the quarter. XPO had a return on equity of 26.48% and a net margin of 4.32%. Analysts expect that XPO, Inc. will post 4.15 earnings per share for the current fiscal year.

About XPO

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.