First Hawaiian Bank Has $1.90 Million Stock Position in XPO, Inc. (NYSE:XPO)

First Hawaiian Bank increased its holdings in shares of XPO, Inc. (NYSE:XPO) by 51.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,460 shares of the transportation company’s stock after purchasing an additional 4,928 shares during the quarter. First Hawaiian Bank’s holdings in XPO were worth $1,896,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on XPO shares. Barclays upped their target price on XPO from $150.00 to $170.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. Stifel Nicolaus boosted their target price on shares of XPO from $125.00 to $126.00 and gave the company a “buy” rating in a research report on Monday, October 21st. The Goldman Sachs Group increased their price target on shares of XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Wells Fargo & Company decreased their price objective on shares of XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, Susquehanna downgraded XPO from a “positive” rating to a “neutral” rating and reduced their target price for the company from $160.00 to $155.00 in a report on Tuesday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $148.25.

XPO Trading Up 1.2 %

Shares of XPO stock opened at $137.12 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.04. The stock has a fifty day simple moving average of $145.34 and a 200 day simple moving average of $123.50. XPO, Inc. has a 12-month low of $80.26 and a 12-month high of $161.00. The company has a market capitalization of $15.96 billion, a P/E ratio of 44.38, a price-to-earnings-growth ratio of 2.37 and a beta of 2.11.

XPO (NYSE:XPO) last issued its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. XPO had a return on equity of 31.16% and a net margin of 4.57%. XPO’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period last year, the company posted $0.88 earnings per share. On average, sell-side analysts anticipate that XPO, Inc. will post 3.62 earnings per share for the current fiscal year.

About XPO

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.