Universal Beteiligungs und Servicegesellschaft mbH Boosts Stake in XPO, Inc. $XPO

Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of XPO, Inc. (NYSE:XPO) by 23.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,006 shares of the transportation company’s stock after acquiring an additional 4,389 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in XPO were worth $2,974,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bayforest Capital Ltd increased its position in XPO by 72.8% during the 3rd quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company’s stock worth $25,000 after purchasing an additional 83 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in XPO by 35.8% during the second quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company’s stock worth $42,000 after buying an additional 88 shares during the period. QRG Capital Management Inc. grew its stake in XPO by 2.2% during the third quarter. QRG Capital Management Inc. now owns 4,491 shares of the transportation company’s stock worth $581,000 after buying an additional 97 shares during the period. Securian Asset Management Inc. increased its position in shares of XPO by 1.1% in the second quarter. Securian Asset Management Inc. now owns 9,004 shares of the transportation company’s stock worth $1,137,000 after acquiring an additional 100 shares in the last quarter. Finally, MAI Capital Management raised its stake in shares of XPO by 23.2% in the 2nd quarter. MAI Capital Management now owns 626 shares of the transportation company’s stock valued at $79,000 after acquiring an additional 118 shares during the period. 97.73% of the stock is owned by institutional investors and hedge funds.

XPO Stock Performance

XPO stock opened at $148.02 on Thursday. The stock has a market cap of $17.38 billion, a P/E ratio of 53.25, a price-to-earnings-growth ratio of 2.71 and a beta of 2.02. The stock has a 50 day moving average of $143.40 and a 200-day moving average of $135.13. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.77. XPO, Inc. has a 52 week low of $85.06 and a 52 week high of $155.95.

XPO (NYSE:XPO) last announced its quarterly earnings data on Thursday, October 30th. The transportation company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.06. The company had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.08 billion. XPO had a net margin of 4.13% and a return on equity of 26.14%. The firm’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period last year, the business earned $1.02 EPS. On average, analysts expect that XPO, Inc. will post 4.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

XPO has been the subject of several recent research reports. Wolfe Research downgraded XPO from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 8th. Raymond James Financial increased 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. TD Cowen reiterated a “buy” rating on shares of XPO in a report on Friday, January 9th. Rothschild Redb upgraded XPO to a “strong-buy” rating in a report on Wednesday, November 26th. Finally, Stephens reaffirmed an “overweight” rating and issued a $170.00 price objective on shares of XPO in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, XPO currently has an average rating of “Moderate Buy” and an average price target of $153.29.

About XPO

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.