Hantz Financial Services Inc. increased its stake in XPO, Inc. (NYSE:XPO – Free Report) by 136.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,208 shares of the transportation company’s stock after acquiring an additional 2,425 shares during the quarter. Hantz Financial Services Inc.’s holdings in XPO were worth $572,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of the stock. Durable Capital Partners LP raised its position in shares of XPO by 79.3% during the second quarter. Durable Capital Partners LP now owns 3,595,056 shares of the transportation company’s stock worth $454,020,000 after purchasing an additional 1,589,759 shares during the period. Bessemer Group Inc. raised its position in shares of XPO by 228,761.0% during the fourth quarter. Bessemer Group Inc. now owns 1,121,419 shares of the transportation company’s stock worth $152,411,000 after purchasing an additional 1,120,929 shares during the period. Invesco Ltd. raised its position in shares of XPO by 19.8% during the third quarter. Invesco Ltd. now owns 6,267,881 shares of the transportation company’s stock worth $810,249,000 after purchasing an additional 1,036,434 shares during the period. Capital World Investors increased its stake in XPO by 7.3% during 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 purchasing an additional 735,450 shares in the last quarter. Finally, Orbis Allan Gray Ltd increased its stake in XPO by 16.8% during the 2nd quarter. Orbis Allan Gray Ltd now owns 3,150,052 shares of the transportation company’s stock valued at $397,820,000 after purchasing an additional 452,891 shares in the last quarter. Institutional investors own 97.73% of the company’s stock.
XPO Stock Performance
NYSE XPO opened at $214.37 on Friday. XPO, Inc. has a 1 year low of $110.78 and a 1 year high of $231.46. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market cap of $25.17 billion, a price-to-earnings ratio of 73.41, a PEG ratio of 2.49 and a beta of 1.87. The company has a fifty day moving average price of $206.15 and a 200-day moving average price of $177.02.
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. Zacks Research upgraded shares of XPO from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 12th. Susquehanna lowered shares of XPO from a “positive” rating to a “neutral” rating and boosted their price target for the company from $160.00 to $210.00 in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of XPO in a research note on Friday, February 6th. Oppenheimer boosted their price target on shares of XPO from $228.00 to $236.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Finally, Weiss Ratings upgraded shares of XPO from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, XPO presently has an average rating of “Moderate Buy” and an average price target of $211.24.
Read Our Latest Stock Report on XPO
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.
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