Values First Advisors Inc. Sells 2,398 Shares of XPO, Inc. (NYSE:XPO)

Values First Advisors Inc. trimmed its stake in shares of XPO, Inc. (NYSE:XPO) by 36.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,259 shares of the transportation company’s stock after selling 2,398 shares during the period. Values First Advisors Inc.’s holdings in XPO were worth $373,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Flputnam Investment Management Co. grew its stake in XPO by 1.9% during the third quarter. Flputnam Investment Management Co. now owns 7,773 shares of the transportation company’s stock valued at $580,000 after acquiring an additional 145 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of XPO by 1.2% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 14,006 shares of the transportation company’s stock worth $1,046,000 after buying an additional 160 shares in the last quarter. M&T Bank Corp grew its stake in shares of XPO by 3.1% in the 3rd quarter. M&T Bank Corp now owns 5,469 shares of the transportation company’s stock worth $408,000 after buying an additional 165 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of XPO by 3.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 4,536 shares of the transportation company’s stock worth $339,000 after buying an additional 168 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its stake in shares of XPO by 20.5% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 1,000 shares of the transportation company’s stock worth $75,000 after buying an additional 170 shares in the last quarter. 97.73% of the stock is owned by hedge funds and other institutional investors.

XPO Stock Up 1.0 %

Shares of NYSE:XPO traded up $1.17 during trading hours on Thursday, hitting $122.09. The company’s stock had a trading volume of 1,185,716 shares, compared to its average volume of 1,378,454. XPO, Inc. has a 52 week low of $29.02 and a 52 week high of $129.43. The company has a debt-to-equity ratio of 2.63, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market capitalization of $14.18 billion, a price-to-earnings ratio of 75.83, a P/E/G ratio of 2.97 and a beta of 2.19. The firm’s fifty day moving average price is $112.14 and its 200 day moving average price is $91.44.

XPO (NYSE:XPO) last posted its quarterly earnings results on Wednesday, February 7th. The transportation company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.62 by $0.15. XPO had a net margin of 2.44% and a return on equity of 29.85%. The business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter in the previous year, the business posted $0.98 EPS. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. As a group, research analysts expect that XPO, Inc. will post 3.45 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on XPO shares. Oppenheimer lifted their price objective on shares of XPO from $100.00 to $130.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 14th. JPMorgan Chase & Co. lifted their price objective on shares of XPO from $97.00 to $122.00 and gave the stock an “overweight” rating in a research note on Thursday, February 8th. BMO Capital Markets lifted their price target on shares of XPO from $100.00 to $145.00 and gave the stock an “outperform” rating in a research note on Thursday, February 8th. Morgan Stanley cut shares of XPO from an “equal weight” rating to an “underweight” rating and lifted their price target for the stock from $75.00 to $80.00 in a research note on Monday, February 12th. Finally, StockNews.com cut shares of XPO from a “hold” rating to a “sell” rating in a research note on Thursday, December 28th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, XPO presently has an average rating of “Moderate Buy” and an average target price of $105.80.

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.