Anchyra Partners LLC Invests $757,000 in XPO, Inc. $XPO

Key Points

• Anchyra Partners bought a new stake of 5,568 shares in XPO during Q4, valued at approximately $757,000, and institutional investors now own about 97.73% of the company.
• Wall Street sentiment is broadly positive with a consensus rating of Moderate Buy and an average price target of $190.86, though analyst views vary widely (ranges include Morgan Stanley's $95 underweight to Oppenheimer's $228 outperform).
• XPO is trading near its recent highs (opened at $223.46) after reporting a quarter that beat expectations (EPS $0.88 vs. $0.76; revenue $2.01B), while the stock carries a high P/E (~84.3) and a market cap of about $26.24 billion.

Anchyra Partners LLC bought a new stake in shares of XPO, Inc. (NYSE:XPO - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 5,568 shares of the transportation company's stock, valued at approximately $757,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Bayforest Capital Ltd lifted its stake in XPO by 72.8% during the third quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company's stock worth $25,000 after purchasing an additional 83 shares during the period. Toth Financial Advisory Corp lifted its position in shares of XPO by 100.0% during the 4th quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company's stock worth $27,000 after buying an additional 100 shares during the period. Root Financial Partners LLC bought a new position in shares of XPO during the 3rd quarter worth approximately $32,000. Horizon Investments LLC acquired a new stake in XPO in the 3rd quarter valued at $39,000. Finally, EverSource Wealth Advisors LLC boosted its stake in XPO by 35.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company's stock valued at $42,000 after buying an additional 88 shares in the last quarter. Institutional investors own 97.73% of the company's stock.

Wall Street Analysts Forecast Growth

XPO has been the subject of several recent analyst reports. Evercore set a $200.00 price objective on XPO in a research note on Friday, February 6th. Morgan Stanley restated an "underweight" rating and issued a $95.00 target price on shares of XPO in a research note on Thursday, February 5th. Oppenheimer upped their target price on shares of XPO from $198.00 to $228.00 and gave the stock an "outperform" rating in a report on Tuesday, March 3rd. The Goldman Sachs Group reiterated a "buy" rating and set a $180.00 target price on shares of XPO in a research report on Thursday, February 5th. Finally, Wells Fargo & Company lifted their price target on shares of XPO from $205.00 to $225.00 and gave the company an "overweight" rating in a report on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $190.86.

XPO Trading Down 0.1%

XPO stock opened at $223.46 on Monday. The business has a fifty day moving average price of $202.55 and a 200 day moving average price of $165.33. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.05 and a quick ratio of 1.05. XPO, Inc. has a fifty-two week low of $93.82 and a fifty-two week high of $231.46. The stock has a market capitalization of $26.24 billion, a price-to-earnings ratio of 84.32, a P/E/G ratio of 2.93 and a beta of 1.94.

XPO (NYSE:XPO - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.88 EPS for the quarter, topping analysts' consensus estimates of $0.76 by $0.12. XPO had a return on equity of 25.07% and a net margin of 3.87%.The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the previous year, the firm earned $0.89 earnings per share. The business's revenue was up 4.7% on a year-over-year basis. Analysts expect that XPO, Inc. will post 4.49 EPS for the current fiscal year.

XPO Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company's operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.

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