Calamos Advisors LLC Boosts Stake in XPO, Inc. $XPO

Key Points

• Calamos Advisors boosted its stake in XPO by 247.8% in Q4 to 13,973 shares worth $1.899 million, and institutional investors now own about 97.73% of the stock.
• Analyst sentiment is mixed but leans positive, with a MarketBeat consensus of Moderate Buy and a $190.86 target, while firm views range from Morgan Stanley's underweight/$95 target to Wells Fargo's overweight/$225 target.
• XPO beat quarterly estimates with $0.88 EPS vs $0.76 and $2.01B revenue (up 4.7% YoY); the stock trades near $220 with a 12‑month range of $94.31–$231.46 and a market cap of $25.82 billion.

Calamos Advisors LLC lifted its holdings in XPO, Inc. (NYSE:XPO - Free Report) by 247.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,973 shares of the transportation company's stock after buying an additional 9,956 shares during the period. Calamos Advisors LLC's holdings in XPO were worth $1,899,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of XPO. Amundi lifted its stake in shares of XPO by 50.7% in the first quarter. Amundi now owns 5,412 shares of the transportation company's stock worth $582,000 after buying an additional 1,820 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of XPO by 7.6% in the first quarter. AQR Capital Management LLC now owns 17,654 shares of the transportation company's stock worth $1,856,000 after buying an additional 1,243 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of XPO by 3.2% in the first quarter. NewEdge Advisors LLC now owns 11,416 shares of the transportation company's stock worth $1,228,000 after buying an additional 355 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of XPO by 35.8% in the second quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company's stock worth $42,000 after buying an additional 88 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of XPO in the second quarter worth about $611,000. 97.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on XPO. Morgan Stanley reissued an "underweight" rating and issued a $95.00 price target on shares of XPO in a research note on Thursday, February 5th. Wolfe Research downgraded shares of XPO from an "outperform" rating to a "peer perform" rating in a research note on Thursday, January 8th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of XPO in a research note on Friday, February 6th. Wall Street Zen raised shares of XPO from a "hold" rating to a "buy" rating in a research note on Saturday, February 7th. Finally, Wells Fargo & Company raised their price objective on shares of XPO from $205.00 to $225.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $190.86.

XPO Price Performance

XPO stock opened at $219.89 on Tuesday. XPO, Inc. has a 12-month low of $94.31 and a 12-month high of $231.46. The stock has a market cap of $25.82 billion, a P/E ratio of 82.98, a PEG ratio of 2.93 and a beta of 1.94. The company has a 50-day moving average price of $203.04 and a 200 day moving average price of $165.91. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.75.

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