XPO, Inc. (NYSE:XPO) is Fishman Jay A Ltd. MI’s 7th Largest Position

Fishman Jay A Ltd. MI cut its stake in shares of XPO, Inc. (NYSE:XPO) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 317,091 shares of the transportation company’s stock after selling 2,977 shares during the period. XPO comprises about 3.9% of Fishman Jay A Ltd. MI’s investment portfolio, making the stock its 7th biggest position. Fishman Jay A Ltd. MI owned approximately 0.27% of XPO worth $41,586,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of XPO. ORG Wealth Partners LLC purchased a new stake in shares of XPO in the third quarter worth $25,000. Versant Capital Management Inc bought a new position in XPO in the 4th quarter worth $29,000. UMB Bank n.a. increased its stake in XPO by 356.6% in the 3rd quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock worth $49,000 after buying an additional 353 shares in the last quarter. Brooklyn Investment Group bought a new stake in XPO during the third quarter valued at about $57,000. Finally, Continuum Advisory LLC lifted its position in shares of XPO by 51.3% in the third quarter. Continuum Advisory LLC now owns 900 shares of the transportation company’s stock valued at $97,000 after acquiring an additional 305 shares in the last quarter. Institutional investors own 97.73% of the company’s stock.

XPO Stock Performance

NYSE XPO opened at $148.10 on Wednesday. The business’s 50 day moving average price is $141.04 and its 200-day moving average price is $128.41. XPO, Inc. has a fifty-two week low of $97.03 and a fifty-two week high of $161.00. The company has a market cap of $17.24 billion, a P/E ratio of 45.85, a P/E/G ratio of 1.93 and a beta of 2.12. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06.

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 analysts’ consensus estimates of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. Sell-side analysts predict that XPO, Inc. will post 4.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on XPO. Stephens reiterated an “overweight” rating and set a $165.00 target price on shares of XPO in a research report on Wednesday, December 4th. Susquehanna raised shares of XPO from a “neutral” rating to a “positive” rating and increased their price objective for the company from $155.00 to $180.00 in a report on Friday, February 7th. UBS Group lifted their price objective on shares of XPO from $159.00 to $170.00 and gave the company a “buy” rating in a research report on Friday, February 7th. The Goldman Sachs Group upped their target price on shares of XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Finally, Jefferies Financial Group lifted 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. One research analyst has rated the stock with a sell rating, one has given a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.35.

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.