XPO, Inc. (NYSE:XPO) Shares Sold by South Dakota Investment Council

South Dakota Investment Council decreased its position in XPO, Inc. (NYSE:XPO) by 7.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,906 shares of the transportation company’s stock after selling 446 shares during the quarter. South Dakota Investment Council’s holdings in XPO were worth $775,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. D1 Capital Partners L.P. increased its holdings in XPO by 84.2% in the third quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock valued at $506,484,000 after buying an additional 2,153,042 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of XPO during the 4th quarter worth about $163,938,000. Life Planning Partners Inc increased its holdings in shares of XPO by 12,923.2% in the 4th quarter. Life Planning Partners Inc now owns 837,393 shares of the transportation company’s stock valued at $109,824,000 after acquiring an additional 830,963 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of XPO by 239.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 553,305 shares of the transportation company’s stock worth $59,486,000 after acquiring an additional 390,320 shares in the last quarter. Finally, Holocene Advisors LP raised its position in shares of XPO by 61.2% during the 3rd quarter. Holocene Advisors LP now owns 683,931 shares of the transportation company’s stock worth $73,529,000 after acquiring an additional 259,727 shares in the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on XPO. Stifel Nicolaus upped their price target on XPO from $124.00 to $147.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. Citigroup upped their target price on shares of XPO from $155.00 to $179.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Benchmark lifted their price target on shares of XPO from $155.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. UBS Group boosted their price target 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. Finally, Raymond James dropped their price objective on XPO from $170.00 to $165.00 and set an “outperform” rating on the stock in a report on Friday, February 7th. One research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $161.13.

XPO Stock Down 5.8 %

XPO opened at $124.70 on Monday. XPO, Inc. has a 52 week low of $97.03 and a 52 week high of $161.00. The business has a 50 day moving average price of $138.54 and a two-hundred day moving average price of $130.13. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.08. The company has a market cap of $14.62 billion, a PE ratio of 38.61, a P/E/G ratio of 1.79 and a beta of 2.12.

XPO (NYSE:XPO) last released its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.68 by $0.21. XPO had a return on equity of 30.36% and a net margin of 4.81%. As a group, research analysts anticipate that XPO, Inc. will post 4.15 EPS for the current 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.