XPO, Inc. (NYSE:XPO) Shares Purchased by Sargent Investment Group LLC

Sargent Investment Group LLC raised its holdings in XPO, Inc. (NYSE:XPO) by 31.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,572 shares of the transportation company’s stock after acquiring an additional 3,027 shares during the quarter. Sargent Investment Group LLC’s holdings in XPO were worth $1,352,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in XPO. ORG Wealth Partners LLC acquired a new stake in shares of XPO during the third quarter valued at approximately $25,000. Blue Trust Inc. boosted its stake in shares of XPO by 25,800.0% during the 2nd quarter. Blue Trust Inc. now owns 259 shares of the transportation company’s stock valued at $27,000 after buying an additional 258 shares during the period. Quest Partners LLC acquired a new stake in XPO during the second quarter valued at $28,000. International Assets Investment Management LLC acquired a new position in XPO in the 2nd quarter worth about $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of XPO during the 2nd quarter worth about $37,000. 97.73% of the stock is owned by institutional investors and hedge funds.

XPO Trading Down 0.4 %

NYSE:XPO traded down $0.56 on Thursday, hitting $148.95. 153,325 shares of the stock were exchanged, compared to its average volume of 1,479,688. The stock has a market capitalization of $17.34 billion, a price-to-earnings ratio of 48.39, a P/E/G ratio of 2.37 and a beta of 2.07. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. XPO, Inc. has a 52 week low of $78.72 and a 52 week high of $156.85. The company’s 50-day moving average price is $117.74 and its 200 day moving average price is $112.99.

XPO (NYSE:XPO) last announced its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.13. XPO had a net margin of 4.57% and a return on equity of 31.16%. The business 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 business posted $0.88 earnings per share. XPO’s revenue was up 3.7% compared to the same quarter last year. On average, equities research analysts forecast that XPO, Inc. will post 3.62 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on XPO. Benchmark reissued a “buy” rating and issued a $140.00 price target on shares of XPO in a research note on Thursday, September 19th. The Goldman Sachs Group decreased their target price on shares of XPO from $139.00 to $136.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. Bank of America cut their price target on shares of XPO from $135.00 to $134.00 and set a “buy” rating on the stock in a report on Monday, July 22nd. Evercore ISI cut their target price on shares of XPO from $129.00 to $125.00 and set an “outperform” rating for the company in a research note on Thursday, October 3rd. Finally, Stifel Nicolaus lifted their price objective on XPO from $125.00 to $126.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Two analysts have rated the stock with a sell rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat.com, XPO has a consensus rating of “Moderate Buy” and a consensus target price of $141.13.

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.