Life Planning Partners Inc Has $109.82 Million Stock Holdings in XPO, Inc. (NYSE:XPO)

Life Planning Partners Inc boosted its stake in XPO, Inc. (NYSE:XPO) by 12,923.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 837,393 shares of the transportation company’s stock after acquiring an additional 830,963 shares during the period. XPO accounts for 0.9% of Life Planning Partners Inc’s portfolio, making the stock its 19th biggest position. Life Planning Partners Inc’s holdings in XPO were worth $109,824,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Stifel Financial Corp grew its holdings in XPO by 159.1% during the 3rd quarter. Stifel Financial Corp now owns 70,407 shares of the transportation company’s stock worth $7,569,000 after acquiring an additional 43,237 shares during the period. Neo Ivy Capital Management acquired a new stake in XPO during the third quarter worth approximately $534,000. Traynor Capital Management Inc. increased its holdings in XPO by 125.2% in the third quarter. Traynor Capital Management Inc. now owns 24,142 shares of the transportation company’s stock worth $2,596,000 after purchasing an additional 13,422 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in shares of XPO during the 4th quarter worth approximately $423,000. Finally, PCJ Investment Counsel Ltd. grew its position in shares of XPO by 36.2% during the 3rd quarter. PCJ Investment Counsel Ltd. now owns 40,410 shares of the transportation company’s stock worth $4,344,000 after buying an additional 10,740 shares during the period. 97.73% of the stock is currently owned by institutional investors and hedge funds.

XPO Stock Down 0.9 %

XPO opened at $143.48 on Friday. XPO, Inc. has a fifty-two week low of $97.03 and a fifty-two week high of $161.00. The firm has a market capitalization of $16.82 billion, a P/E ratio of 44.42, a PEG ratio of 1.93 and a beta of 2.12. The company’s 50-day moving average is $140.72 and its 200 day moving average is $128.79. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.06 and a quick ratio of 1.06.

XPO (NYSE:XPO) last posted its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. Research analysts expect that XPO, Inc. will post 4.16 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on XPO shares. Stephens reiterated an “overweight” rating and set a $165.00 target price on shares of XPO in a research report on Wednesday, December 4th. Oppenheimer increased their price objective on shares of XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. Wells Fargo & Company decreased their target price on XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. TD Cowen raised their price objective on XPO from $137.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Barclays lowered their target price on XPO from $170.00 to $165.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. One investment analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, XPO has a consensus rating of “Moderate Buy” and an average price target of $161.13.

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.