Orion Portfolio Solutions LLC Boosts Holdings in XPO, Inc. (NYSE:XPO)

Orion Portfolio Solutions LLC boosted its position in shares of XPO, Inc. (NYSE:XPOFree Report) by 21.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,114 shares of the transportation company’s stock after purchasing an additional 544 shares during the period. Orion Portfolio Solutions LLC’s holdings in XPO were worth $335,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of XPO. D1 Capital Partners L.P. grew its holdings in shares of XPO by 84.2% during the third quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock valued at $506,484,000 after buying an additional 2,153,042 shares during the last quarter. State Street Corp lifted its position in XPO by 1.1% in the 3rd quarter. State Street Corp now owns 3,477,846 shares of the transportation company’s stock valued at $373,903,000 after acquiring an additional 37,486 shares in the last quarter. Clearbridge Investments LLC boosted its stake in XPO by 11.3% during the 2nd quarter. Clearbridge Investments LLC now owns 2,488,210 shares of the transportation company’s stock valued at $264,124,000 after purchasing an additional 253,519 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of XPO by 0.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company’s stock worth $165,299,000 after purchasing an additional 10,318 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of XPO by 9.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,500,368 shares of the transportation company’s stock worth $159,243,000 after purchasing an additional 130,322 shares during the last quarter. 97.73% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

XPO has been the subject of several research analyst reports. The Goldman Sachs Group lifted their price objective on XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Evercore ISI decreased their price objective on shares of XPO from $129.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday, October 3rd. Oppenheimer raised their target price on shares of XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Benchmark reaffirmed a “buy” rating and issued a $140.00 target price on shares of XPO in a research report on Thursday, September 19th. Finally, TD Cowen increased their price target on XPO from $137.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Two research analysts have rated the stock with a sell rating and fifteen have given a buy rating to the stock. According to MarketBeat.com, XPO has an average rating of “Moderate Buy” and an average price target of $147.31.

Get Our Latest Analysis on XPO

XPO Stock Down 6.6 %

XPO stock opened at $147.49 on Thursday. The business’s 50-day moving average price is $139.51 and its 200-day moving average price is $120.37. The stock has a market cap of $17.17 billion, a P/E ratio of 47.73, a PEG ratio of 2.37 and a beta of 2.08. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04. XPO, Inc. has a twelve month low of $80.26 and a twelve month high of $161.00.

XPO (NYSE:XPOGet Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.13. The business had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.88 earnings per share. On average, equities research analysts forecast that XPO, Inc. will post 3.62 EPS for the current year.

XPO Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding XPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for XPO, Inc. (NYSE:XPOFree Report).

Institutional Ownership by Quarter for XPO (NYSE:XPO)

Receive News & Ratings for XPO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XPO and related companies with MarketBeat.com's FREE daily email newsletter.