GAMMA Investing LLC Raises Position in XPO, Inc. (NYSE:XPO)

GAMMA Investing LLC lifted its stake in XPO, Inc. (NYSE:XPO) by 20.2% in the 4th quarter, HoldingsChannel reports. The firm owned 1,135 shares of the transportation company’s stock after acquiring an additional 191 shares during the period. GAMMA Investing LLC’s holdings in XPO were worth $149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc purchased a new stake in shares of XPO in the fourth quarter worth $29,000. JPMorgan Chase & Co. increased its stake in XPO by 36.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 698,831 shares of the transportation company’s stock worth $75,131,000 after buying an additional 185,686 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of XPO by 23.7% in the third quarter. Principal Financial Group Inc. now owns 480,669 shares of the transportation company’s stock valued at $51,677,000 after acquiring an additional 91,973 shares in the last quarter. Tidal Investments LLC boosted its stake in shares of XPO by 472.0% in the third quarter. Tidal Investments LLC now owns 14,101 shares of the transportation company’s stock worth $1,516,000 after acquiring an additional 11,636 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of XPO during the third quarter worth about $108,000. 97.73% of the stock is owned by institutional investors.

XPO Trading Up 1.2 %

XPO stock opened at $137.12 on Friday. The firm’s fifty day simple moving average is $145.47 and its two-hundred day simple moving average is $123.60. The stock has a market capitalization of $15.96 billion, a price-to-earnings ratio of 44.38, a price-to-earnings-growth ratio of 2.37 and a beta of 2.11. 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:XPO) last posted its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. XPO had a net margin of 4.57% and a return on equity of 31.16%. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same period in the prior year, the company posted $0.88 EPS. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. As a group, analysts anticipate that XPO, Inc. will post 3.62 earnings per share for the current year.

Analyst Upgrades and Downgrades

XPO has been the subject of several recent analyst reports. Wells Fargo & Company dropped their price target on XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research note on Tuesday. JPMorgan Chase & Co. increased their price objective on shares of XPO from $146.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, December 6th. Barclays lifted their target price on XPO from $150.00 to $170.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Oppenheimer increased their price target on XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Finally, Susquehanna cut XPO from a “positive” rating to a “neutral” rating and decreased their price objective for the stock from $160.00 to $155.00 in a report on Tuesday. One analyst has rated the stock with a sell rating, one has issued a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $148.25.

XPO Profile

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.