Sargent Investment Group LLC Decreases Stock Holdings in XPO, Inc. (NYSE:XPO)

Sargent Investment Group LLC reduced its position in XPO, Inc. (NYSE:XPO) by 1.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,676 shares of the transportation company’s stock after selling 205 shares during the period. Sargent Investment Group LLC’s holdings in XPO were worth $935,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Headlands Technologies LLC purchased a new position in XPO in the fourth quarter worth $69,000. Truist Financial Corp grew its stake in XPO by 3.8% during the 4th quarter. Truist Financial Corp now owns 6,710 shares of the transportation company’s stock worth $588,000 after buying an additional 243 shares during the last quarter. Yousif Capital Management LLC increased its position in XPO by 0.4% during the 4th quarter. Yousif Capital Management LLC now owns 54,295 shares of the transportation company’s stock valued at $4,756,000 after buying an additional 193 shares in the last quarter. GAMMA Investing LLC purchased a new stake in XPO in the fourth quarter valued at about $46,000. Finally, Duality Advisers LP boosted its holdings in XPO by 20.4% in the fourth quarter. Duality Advisers LP now owns 42,782 shares of the transportation company’s stock worth $3,747,000 after acquiring an additional 7,238 shares in the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

Wall Street Analyst Weigh In

XPO has been the topic of several recent analyst reports. Susquehanna upped their price objective on shares of XPO from $100.00 to $140.00 and gave the company a “positive” rating in a report on Thursday, February 8th. Benchmark raised their price target on shares of XPO from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th. Stifel Nicolaus lifted their price objective on shares of XPO from $77.00 to $87.00 and gave the stock a “hold” rating in a research note on Wednesday, January 10th. Citigroup upped their target price on XPO from $100.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. Finally, The Goldman Sachs Group raised their target price on XPO from $98.00 to $126.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $111.65.

XPO Price Performance

Shares of XPO stock traded down $7.35 during mid-day trading on Friday, reaching $110.90. 4,820,529 shares of the stock traded hands, compared to its average volume of 1,063,648. The stock has a market capitalization of $12.90 billion, a PE ratio of 68.88, a PEG ratio of 2.67 and a beta of 2.19. The business has a 50-day moving average of $121.92 and a 200 day moving average of $99.02. XPO, Inc. has a fifty-two week low of $40.69 and a fifty-two week high of $130.51. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 2.63.

XPO (NYSE:XPO) last issued its quarterly earnings results on Wednesday, February 7th. The transportation company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.62 by $0.15. The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.92 billion. XPO had a return on equity of 29.85% and a net margin of 2.44%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.98 earnings per share. On average, analysts predict that XPO, Inc. will post 3.47 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.