Choreo LLC Has $660,000 Position in XPO, Inc. (NYSE:XPO)

Choreo LLC raised its stake in shares of XPO, Inc. (NYSE:XPO) by 39.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,978 shares of the transportation company’s stock after buying an additional 1,396 shares during the period. Choreo LLC’s holdings in XPO were worth $660,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Stifel Financial Corp boosted its stake in shares of XPO by 159.1% during the 3rd quarter. Stifel Financial Corp now owns 70,407 shares of the transportation company’s stock valued at $7,569,000 after buying an additional 43,237 shares during the period. Neo Ivy Capital Management acquired a new stake in shares of XPO in the 3rd quarter valued at $534,000. Traynor Capital Management Inc. lifted its stake in shares of XPO by 125.2% in the 3rd quarter. Traynor Capital Management Inc. now owns 24,142 shares of the transportation company’s stock valued at $2,596,000 after purchasing an additional 13,422 shares during the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of XPO in the 4th quarter valued at $423,000. Finally, PCJ Investment Counsel Ltd. lifted its stake in shares of XPO by 36.2% in the 3rd quarter. PCJ Investment Counsel Ltd. now owns 40,410 shares of the transportation company’s stock valued at $4,344,000 after purchasing an additional 10,740 shares during the last quarter. Institutional investors and hedge funds own 97.73% of the company’s stock.

Analyst Upgrades and Downgrades

XPO has been the subject of several analyst reports. The Goldman Sachs Group lifted their price objective on shares of XPO from $150.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Oppenheimer lifted their price objective on shares of XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Raymond James dropped their target price on shares of XPO from $170.00 to $165.00 and set an “outperform” rating on the stock in a report on Friday. TD Cowen lifted their target price on shares of XPO from $137.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Finally, Barclays dropped their target price on shares of XPO from $170.00 to $165.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat, XPO presently has a consensus rating of “Moderate Buy” and an average target price of $156.35.

XPO Stock Performance

NYSE XPO opened at $146.21 on Tuesday. The stock has a market cap of $17.02 billion, a P/E ratio of 45.27, a PEG ratio of 1.93 and a beta of 2.12. The company’s 50-day simple moving average is $141.20 and its 200 day simple moving average is $128.19. XPO, Inc. has a twelve month low of $97.03 and a twelve month high of $161.00. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.08.

XPO (NYSE:XPO) last posted its earnings results 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%. As a group, research analysts forecast that XPO, Inc. will post 4.16 earnings per share for the current fiscal 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.