X Square Capital LLC Acquires 1,020 Shares of XPO, Inc. (NYSE:XPO)

X Square Capital LLC raised its holdings in XPO, Inc. (NYSE:XPO) by 4.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,353 shares of the transportation company’s stock after buying an additional 1,020 shares during the quarter. X Square Capital LLC’s holdings in XPO were worth $2,403,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of XPO. ORG Wealth Partners LLC bought a new stake in XPO in the 3rd quarter valued at $25,000. Mather Group LLC. bought a new stake in XPO in the 1st quarter valued at $27,000. Blue Trust Inc. increased its holdings in XPO by 25,800.0% in 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 shares of XPO in the 2nd quarter valued at $28,000. Finally, Riverview Trust Co acquired a new stake in shares of XPO in the 1st quarter valued at $31,000. Institutional investors own 97.73% of the company’s stock.

XPO Stock Performance

Shares of NYSE:XPO opened at $109.49 on Thursday. The stock has a market capitalization of $12.74 billion, a P/E ratio of 53.67, a P/E/G ratio of 1.85 and a beta of 2.10. XPO, Inc. has a 1-year low of $65.80 and a 1-year high of $130.51. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 2.63. The business has a 50-day moving average price of $112.41 and a two-hundred day moving average price of $111.35.

XPO (NYSE:XPO) last announced its quarterly earnings results on Thursday, August 1st. The transportation company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.11. The company had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $2.07 billion. XPO had a return on equity of 32.49% and a net margin of 4.48%. XPO’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.71 EPS. Equities analysts predict that XPO, Inc. will post 3.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

XPO has been the topic of several recent analyst reports. Benchmark restated a “buy” rating and issued a $140.00 target price on shares of XPO in a research note on Thursday, September 19th. JPMorgan Chase & Co. reduced their target price on shares of XPO from $147.00 to $143.00 and set an “overweight” rating on the stock in a research note on Friday, September 6th. The Goldman Sachs Group reduced their target price on shares of XPO from $139.00 to $136.00 and set a “buy” rating on the stock in a research note on Wednesday, October 9th. Stifel Nicolaus boosted their target price on shares of XPO from $125.00 to $126.00 and gave the company a “buy” rating in a research note on Monday. Finally, TD Cowen reduced their target price on shares of XPO from $143.00 to $142.00 and set a “buy” rating on the stock in a research note on Thursday, September 5th. Two analysts have rated the stock with a sell rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, XPO currently has an average rating of “Moderate Buy” and a consensus target price of $130.41.

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.