XPO, Inc. (NYSE:XPO) Shares Acquired by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. lifted its stake in shares of XPO, Inc. (NYSE:XPO) by 140.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 404,835 shares of the transportation company’s stock after buying an additional 236,745 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in XPO were worth $53,095,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. D1 Capital Partners L.P. grew its position in shares of XPO by 84.2% in 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 acquiring an additional 2,153,042 shares in the last quarter. State Street Corp lifted its stake 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 purchasing an additional 37,486 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in 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 worth $165,299,000 after purchasing an additional 10,318 shares during the period. JPMorgan Chase & Co. increased its stake in XPO by 36.2% during the third quarter. JPMorgan Chase & Co. now owns 698,831 shares of the transportation company’s stock valued at $75,131,000 after purchasing an additional 185,686 shares during the last quarter. Finally, Holocene Advisors LP raised its holdings in shares of XPO by 61.2% during the third quarter. Holocene Advisors LP now owns 683,931 shares of the transportation company’s stock worth $73,529,000 after purchasing an additional 259,727 shares during the period. 97.73% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on XPO shares. TD Cowen boosted their price objective on shares of XPO from $137.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Citigroup raised their price target on XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. upped their price objective on XPO from $146.00 to $160.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th. Jefferies Financial Group boosted their price target on shares of XPO from $150.00 to $165.00 and gave the company a “buy” rating in a report on Friday, January 10th. Finally, Susquehanna raised shares of XPO from a “neutral” rating to a “positive” rating and increased their price objective for the stock from $155.00 to $180.00 in a report on Friday. One analyst has rated the stock with a sell rating, one has given a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $156.35.

XPO Stock Up 1.0 %

XPO opened at $148.32 on Friday. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market capitalization of $17.26 billion, a PE ratio of 45.92, a P/E/G ratio of 1.93 and a beta of 2.12. The stock’s fifty day moving average is $141.20 and its 200-day moving average is $127.94. XPO, Inc. has a one year low of $97.03 and a one year high of $161.00.

XPO (NYSE:XPO) last posted its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 earnings per share 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%. On average, equities analysts predict that XPO, Inc. will post 4.16 EPS for the current fiscal year.

XPO Company 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.