Natixis Advisors LLC Boosts Stake in XPO, Inc. $XPO

Natixis Advisors LLC lifted its holdings in XPO, Inc. (NYSE:XPO) by 33.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,839 shares of the transportation company’s stock after purchasing an additional 12,472 shares during the period. Natixis Advisors LLC’s holdings in XPO were worth $6,774,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of XPO. AXQ Capital LP acquired a new stake in XPO in the fourth quarter valued at approximately $1,028,000. Essex Financial Services Inc. raised its stake in shares of XPO by 10.5% during the 4th quarter. Essex Financial Services Inc. now owns 3,075 shares of the transportation company’s stock worth $418,000 after buying an additional 293 shares during the period. BNP Paribas Financial Markets lifted its position in shares of XPO by 28.4% during the 4th quarter. BNP Paribas Financial Markets now owns 439,175 shares of the transportation company’s stock valued at $59,688,000 after buying an additional 97,163 shares in the last quarter. Norges Bank purchased a new position in shares of XPO during the 4th quarter valued at approximately $204,304,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in XPO by 145.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,208 shares of the transportation company’s stock valued at $436,000 after acquiring an additional 1,903 shares during the period. Institutional investors and hedge funds own 97.73% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on XPO shares. JPMorgan Chase & Co. boosted their price objective on XPO from $189.00 to $201.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 10th. Zacks Research raised XPO from a “hold” rating to a “strong-buy” rating in a research note on Thursday. TD Cowen boosted their price target on XPO from $192.00 to $224.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Oppenheimer increased their price objective on XPO from $228.00 to $236.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Finally, Wells Fargo & Company raised their price objective on XPO from $235.00 to $250.00 and gave the company an “overweight” rating in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $216.95.

XPO Stock Up 0.1%

Shares of NYSE:XPO opened at $219.07 on Monday. XPO, Inc. has a 52-week low of $116.68 and a 52-week high of $231.46. The stock has a market cap of $25.72 billion, a P/E ratio of 75.02, a PEG ratio of 2.55 and a beta of 1.83. The business has a fifty day moving average of $209.88 and a two-hundred day moving average of $180.50. 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 (NYSE:XPO) last posted its quarterly 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. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.04 billion. XPO had a return on equity of 26.21% and a net margin of 4.19%.The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.73 EPS. On average, research analysts expect that XPO, Inc. will post 4.84 earnings per share for the current year.

Insider Transactions at XPO

In related news, Director Allison Landry sold 2,400 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $215.61, for a total transaction of $517,464.00. Following the completion of the sale, the director directly owned 4,849 shares in the company, valued at approximately $1,045,492.89. This trade represents a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.87% of the company’s stock.

XPO Company 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.