Inceptionr LLC Decreases Stock Holdings in XPO, Inc. (NYSE:XPO)

Inceptionr LLC decreased its holdings in shares of XPO, Inc. (NYSE:XPO) by 64.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,186 shares of the transportation company’s stock after selling 7,541 shares during the period. Inceptionr LLC’s holdings in XPO were worth $549,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in XPO. Versant Capital Management Inc purchased a new position in shares of XPO during the 4th quarter valued at approximately $29,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of XPO during the 4th quarter valued at approximately $42,000. Cullen Frost Bankers Inc. lifted its position in shares of XPO by 69.1% during the 4th quarter. Cullen Frost Bankers Inc. now owns 318 shares of the transportation company’s stock valued at $42,000 after buying an additional 130 shares in the last quarter. Brooklyn Investment Group purchased a new position in shares of XPO during the 3rd quarter valued at approximately $57,000. Finally, UMB Bank n.a. lifted its position in shares of XPO by 19.0% during the 4th quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock valued at $71,000 after buying an additional 86 shares in the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Stock Down 2.7 %

Shares of NYSE:XPO opened at $108.07 on Friday. The business has a 50-day moving average price of $133.88 and a 200 day moving average price of $130.24. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.08. The company has a market capitalization of $12.67 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 1.79 and a beta of 2.13. XPO, Inc. has a 12-month low of $97.03 and a 12-month high of $161.00.

XPO (NYSE:XPO) last issued its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.21. XPO had a return on equity of 30.36% and a net margin of 4.81%. Sell-side analysts expect that XPO, Inc. will post 4.15 EPS for the current year.

Analyst Ratings Changes

XPO has been the topic of a number of research reports. Raymond James decreased 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. Stephens restated an “overweight” rating and issued a $171.00 price objective on shares of XPO in a report on Wednesday. Jefferies Financial Group raised their price objective on XPO from $150.00 to $165.00 and gave the company a “buy” rating in a report on Friday, January 10th. Vertical Research upgraded XPO from a “hold” rating to a “buy” rating and set a $140.00 price objective on the stock in a report on Thursday. Finally, Barclays decreased their price objective on XPO from $170.00 to $165.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Eighteen research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, XPO currently has a consensus rating of “Buy” and a consensus target price of $160.89.

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.