Yousif Capital Management LLC Sells 513 Shares of XPO, Inc. $XPO

Yousif Capital Management LLC reduced its holdings in shares of XPO, Inc. (NYSE:XPOFree Report) by 1.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,176 shares of the transportation company’s stock after selling 513 shares during the period. Yousif Capital Management LLC’s holdings in XPO were worth $5,074,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of XPO. SouthState Corp bought a new position in XPO during the first quarter valued at approximately $25,000. RMG Wealth Management LLC bought a new position in shares of XPO in the second quarter worth approximately $26,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of XPO by 46.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the transportation company’s stock worth $44,000 after purchasing an additional 111 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of XPO by 63.2% in the second quarter. Farther Finance Advisors LLC now owns 426 shares of the transportation company’s stock worth $54,000 after purchasing an additional 165 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of XPO by 65.7% in the first quarter. Cullen Frost Bankers Inc. now owns 527 shares of the transportation company’s stock worth $57,000 after purchasing an additional 209 shares during the last quarter. 97.73% of the stock is currently owned by institutional investors.

XPO Stock Performance

Shares of XPO stock opened at $129.19 on Wednesday. The stock has a fifty day moving average of $129.82 and a 200 day moving average of $121.35. XPO, Inc. has a 52 week low of $85.06 and a 52 week high of $161.00. The firm has a market capitalization of $15.21 billion, a price-to-earnings ratio of 44.70, a PEG ratio of 2.57 and a beta of 1.95. The company has a quick ratio of 1.02, a current ratio of 1.01 and a debt-to-equity ratio of 1.88.

XPO (NYSE:XPOGet Free Report) last announced its quarterly earnings results on Tuesday, April 11th. The transportation company reported $0.64 EPS for the quarter. XPO had a return on equity of 26.48% and a net margin of 4.32%.The company had revenue of ($2,243.00) million during the quarter. As a group, research analysts expect that XPO, Inc. will post 4.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Susquehanna raised their target price on shares of XPO from $138.00 to $145.00 and gave the stock a “positive” rating in a report on Wednesday, June 18th. Evercore ISI raised their target price on shares of XPO from $134.00 to $141.00 and gave the stock an “outperform” rating in a report on Tuesday, September 30th. Oppenheimer raised their target price on shares of XPO from $126.00 to $150.00 and gave the stock an “outperform” rating in a report on Monday, July 7th. Morgan Stanley cut their target price on shares of XPO from $84.00 to $83.00 and set an “underweight” rating on the stock in a report on Monday, October 6th. Finally, Wall Street Zen upgraded shares of XPO from a “sell” rating to a “hold” rating in a report on Saturday, August 2nd. Nineteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $143.00.

Read Our Latest Report on XPO

Insider Buying and Selling

In other XPO news, Director Allison Landry sold 3,250 shares of the firm’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $135.04, for a total transaction of $438,880.00. Following the completion of the transaction, the director owned 5,875 shares of the company’s stock, valued at approximately $793,360. This trade represents a 35.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 2.00% of the company’s stock.

XPO Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for XPO (NYSE:XPO)

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