Mather Group LLC. Makes New $27,000 Investment in XPO, Inc. (NYSE:XPO)

Mather Group LLC. bought a new position in XPO, Inc. (NYSE:XPO) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 219 shares of the transportation company’s stock, valued at approximately $27,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in XPO. CWM LLC raised its holdings in shares of XPO by 25.2% in the fourth quarter. CWM LLC now owns 796 shares of the transportation company’s stock valued at $70,000 after acquiring an additional 160 shares in the last quarter. Quent Capital LLC increased its holdings in XPO by 33.5% during the fourth quarter. Quent Capital LLC now owns 729 shares of the transportation company’s stock valued at $64,000 after buying an additional 183 shares during the period. Epoch Investment Partners Inc. raised its stake in XPO by 2.6% in the fourth quarter. Epoch Investment Partners Inc. now owns 7,133 shares of the transportation company’s stock worth $625,000 after buying an additional 183 shares in the last quarter. Yousif Capital Management LLC lifted its holdings in XPO by 0.4% during the fourth quarter. Yousif Capital Management LLC now owns 54,295 shares of the transportation company’s stock worth $4,756,000 after buying an additional 193 shares during the period. Finally, Benjamin F. Edwards & Company Inc. boosted its position in XPO by 170.2% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 335 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 211 shares in the last quarter. Institutional investors own 97.73% of the company’s stock.

Insider Transactions at XPO

In other news, Director Allison Landry sold 1,875 shares of XPO stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $104.52, for a total transaction of $195,975.00. Following the sale, the director now owns 6,965 shares of the company’s stock, valued at approximately $727,981.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other XPO news, Director Allison Landry sold 1,875 shares of the business’s stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $104.52, for a total value of $195,975.00. Following the sale, the director now owns 6,965 shares of the company’s stock, valued at $727,981.80. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Mfn Partners, Lp sold 1,250,000 shares of XPO stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $112.98, for a total value of $141,225,000.00. Following the completion of the sale, the insider now directly owns 11,425,369 shares of the company’s stock, valued at $1,290,838,189.62. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

XPO Price Performance

NYSE:XPO opened at $104.79 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 2.49. XPO, Inc. has a 12 month low of $51.64 and a 12 month high of $130.51. The firm has a market cap of $12.19 billion, a P/E ratio of 51.37, a price-to-earnings-growth ratio of 1.49 and a beta of 2.10. The stock has a 50 day moving average of $109.25 and a two-hundred day moving average of $107.14.

XPO (NYSE:XPO) last announced its quarterly earnings data on Friday, May 3rd. The transportation company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.13. XPO had a net margin of 3.08% and a return on equity of 30.77%. The company had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same quarter in the prior year, the company earned $0.56 EPS. XPO’s revenue was up 5.8% compared to the same quarter last year. On average, analysts expect that XPO, Inc. will post 3.62 earnings per share for the current fiscal year.

Analyst Ratings Changes

XPO has been the topic of a number of recent research reports. TD Cowen raised their price objective on XPO from $136.00 to $138.00 and gave the company a “buy” rating in a research report on Monday, May 6th. Susquehanna reduced their price target on XPO from $160.00 to $145.00 and set a “positive” rating on the stock in a research report on Wednesday, June 12th. Wells Fargo & Company began coverage on XPO in a research report on Friday, June 7th. They issued an “overweight” rating and a $125.00 price objective for the company. Stifel Nicolaus upgraded shares of XPO from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $115.00 to $120.00 in a research note on Friday, May 24th. Finally, Oppenheimer increased their price objective on XPO from $130.00 to $140.00 and gave the company an “outperform” rating in a report on Wednesday, April 10th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and seventeen have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $120.70.

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.