Amiral Gestion Makes New $708,000 Investment in XPO, Inc. (NYSE:XPO)

Amiral Gestion acquired a new position in XPO, Inc. (NYSE:XPO - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,400 shares of the transportation company's stock, valued at approximately $708,000. XPO makes up about 0.4% of Amiral Gestion's investment portfolio, making the stock its 22nd biggest position.

Other large investors have also added to or reduced their stakes in the company. Argent Trust Co lifted its stake in XPO by 1.9% in the 4th quarter. Argent Trust Co now owns 3,940 shares of the transportation company's stock valued at $517,000 after purchasing an additional 75 shares during the last quarter. Larson Financial Group LLC raised its stake in XPO by 25.6% in the fourth quarter. Larson Financial Group LLC now owns 373 shares of the transportation company's stock valued at $49,000 after buying an additional 76 shares during the period. Scientech Research LLC lifted its position in shares of XPO by 0.9% in the fourth quarter. Scientech Research LLC now owns 9,843 shares of the transportation company's stock valued at $1,291,000 after buying an additional 84 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of XPO by 19.0% during the 4th quarter. UMB Bank n.a. now owns 538 shares of the transportation company's stock worth $71,000 after acquiring an additional 86 shares during the period. Finally, SageView Advisory Group LLC boosted its stake in shares of XPO by 2.1% during the 4th quarter. SageView Advisory Group LLC now owns 4,626 shares of the transportation company's stock worth $607,000 after acquiring an additional 96 shares during the period. Institutional investors and hedge funds own 97.73% of the company's stock.

Wall Street Analyst Weigh In

XPO has been the topic of a number of research analyst reports. Citigroup dropped their price target on XPO from $148.00 to $113.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Stephens set a $131.00 target price on shares of XPO and gave the stock an "overweight" rating in a research note on Thursday, May 1st. UBS Group upped their price target on shares of XPO from $108.00 to $123.00 and gave the company a "buy" rating in a research note on Thursday, May 1st. Wells Fargo & Company cut their price objective on shares of XPO from $130.00 to $116.00 and set an "overweight" rating for the company in a research report on Thursday, May 1st. Finally, Bank of America boosted their price objective on XPO from $119.00 to $139.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Nineteen research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $134.11.

XPO Price Performance

Shares of NYSE:XPO traded up $1.76 during trading on Tuesday, reaching $118.76. 1,096,992 shares of the company traded hands, compared to its average volume of 1,639,467. The firm has a market capitalization of $13.99 billion, a PE ratio of 36.77, a PEG ratio of 1.79 and a beta of 1.96. The company's 50 day moving average is $107.11 and its two-hundred day moving average is $126.70. XPO, Inc. has a 52 week low of $85.06 and a 52 week 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 - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The transportation company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $0.08. XPO had a net margin of 4.81% and a return on equity of 30.36%. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the prior year, the company posted $0.81 earnings per share. The business's revenue for the quarter was down 3.2% on a year-over-year basis. As a group, sell-side analysts predict that XPO, Inc. will post 4.15 earnings per share for the current year.

XPO announced that its board has authorized a share repurchase plan on Thursday, March 27th that authorizes the company to repurchase $750.00 million in outstanding shares. This repurchase authorization authorizes the transportation company to repurchase up to 5.7% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's management believes its stock is undervalued.

Insider Activity at XPO

In other XPO news, COO David J. Bates purchased 1,880 shares of the stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of $106.16 per share, with a total value of $199,580.80. Following the acquisition, the chief operating officer now owns 21,106 shares of the company's stock, valued at approximately $2,240,612.96. This represents a 9.78% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.90% of the stock is currently owned by insiders.

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.