35,010 Shares in XPO, Inc. $XPO Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new position in shares of XPO, Inc. (NYSE:XPO) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 35,010 shares of the transportation company’s stock, valued at approximately $4,758,000.

A number of other hedge funds also recently made changes to their positions in the business. Durable Capital Partners LP grew its holdings in XPO by 79.3% in the 2nd quarter. Durable Capital Partners LP now owns 3,595,056 shares of the transportation company’s stock worth $454,020,000 after buying an additional 1,589,759 shares in the last quarter. Norges Bank acquired a new stake in XPO in the 4th quarter valued at approximately $204,304,000. Bessemer Group Inc. increased its position in XPO by 228,761.0% in the 4th quarter. Bessemer Group Inc. now owns 1,121,419 shares of the transportation company’s stock valued at $152,411,000 after acquiring an additional 1,120,929 shares during the period. Invesco Ltd. increased its position in XPO by 19.8% in the 3rd quarter. Invesco Ltd. now owns 6,267,881 shares of the transportation company’s stock valued at $810,249,000 after acquiring an additional 1,036,434 shares during the period. Finally, Capital World Investors increased its position in XPO by 7.3% in the 3rd quarter. Capital World Investors now owns 10,860,803 shares of the transportation company’s stock valued at $1,403,973,000 after acquiring an additional 735,450 shares during the period. Institutional investors own 97.73% of the company’s stock.

Insider Buying and Selling

In other XPO news, Director Allison Landry sold 2,400 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $215.61, for a total value of $517,464.00. Following the transaction, the director directly owned 4,849 shares in the company, valued at $1,045,492.89. The trade was a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.87% of the stock is currently owned by company insiders.

Analyst Ratings Changes

XPO has been the topic of several analyst reports. Susquehanna raised their target price on XPO from $210.00 to $212.00 and gave the company a “neutral” rating in a research report on Tuesday. Zacks Research upgraded XPO from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Morgan Stanley set a $105.00 price objective on shares of XPO and gave the company an “underweight” rating in a research note on Friday, May 1st. Benchmark lifted their price target on shares of XPO from $220.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $220.00 price target on shares of XPO in a research report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $216.95.

XPO Trading Down 0.1%

Shares of NYSE:XPO opened at $219.07 on Friday. The firm has a market capitalization of $25.72 billion, a P/E ratio of 75.02, a price-to-earnings-growth ratio of 2.56 and a beta of 1.83. The firm has a fifty day moving average of $209.88 and a two-hundred day moving average of $180.13. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. XPO, Inc. has a 12-month low of $116.68 and a 12-month high of $231.46.

XPO (NYSE:XPO) last announced its earnings results on Thursday, April 30th. The transportation company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.89 by $0.12. XPO had a net margin of 4.19% and a return on equity of 26.21%. The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter last year, the firm posted $0.73 EPS. The business’s quarterly revenue was up 7.3% on a year-over-year basis. On average, equities analysts expect that XPO, Inc. will post 4.84 EPS for the current fiscal year.

XPO Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.