1,688 Shares in XPO, Inc. $XPO Bought by First American Trust FSB

First American Trust FSB purchased a new position in shares of XPO, Inc. (NYSE:XPO) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,688 shares of the transportation company’s stock, valued at approximately $213,000.

A number of other large investors have also recently added to or reduced their stakes in XPO. T. Rowe Price Investment Management Inc. grew its holdings in XPO by 17.4% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,073,352 shares of the transportation company’s stock valued at $223,052,000 after buying an additional 306,928 shares during the last quarter. Durable Capital Partners LP raised its stake in XPO by 246.4% in the 1st quarter. Durable Capital Partners LP now owns 2,005,297 shares of the transportation company’s stock valued at $215,730,000 after purchasing an additional 1,426,394 shares during the last quarter. Findlay Park Partners LLP lifted its holdings in XPO by 11.6% in the 1st quarter. Findlay Park Partners LLP now owns 1,572,500 shares of the transportation company’s stock valued at $169,170,000 after purchasing an additional 163,300 shares in the last quarter. Cooke & Bieler LP acquired a new stake in shares of XPO during the 2nd quarter worth about $108,218,000. Finally, Raymond James Financial Inc. boosted its stake in shares of XPO by 9.4% during the 1st quarter. Raymond James Financial Inc. now owns 760,086 shares of the transportation company’s stock worth $81,770,000 after purchasing an additional 65,023 shares during the last quarter. 97.73% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Allison Landry sold 3,250 shares of the company’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $135.04, for a total value of $438,880.00. Following the sale, the director owned 5,875 shares in the company, valued at approximately $793,360. This represents a 35.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 2.90% of the company’s stock.

XPO Stock Up 0.7%

Shares of XPO stock opened at $128.82 on Wednesday. XPO, Inc. has a 1-year low of $85.06 and a 1-year high of $161.00. The company has a market capitalization of $15.12 billion, a PE ratio of 44.57, a P/E/G ratio of 2.51 and a beta of 1.99. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.01 and a quick ratio of 1.02. The business has a 50-day moving average of $132.17 and a 200-day moving average of $127.69.

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

Analyst Ratings Changes

Several research firms recently weighed in on XPO. Citigroup increased their target price on XPO from $155.00 to $159.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Stifel Nicolaus set a $149.00 price objective on XPO in a report on Friday, October 31st. JPMorgan Chase & Co. lifted their target price on XPO from $144.00 to $166.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Barclays boosted their price target on XPO from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Raymond James Financial upped their price target on XPO from $132.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 14th. Twenty investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, XPO currently has a consensus rating of “Moderate Buy” and an average target price of $148.15.

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.