Universal Beteiligungs und Servicegesellschaft mbH Takes Position in XPO, Inc. (NYSE:XPO)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has acquired a new stake in XPO, Inc., purchasing 23,468 shares valued at approximately $2.53 million.
• Several institutional investors also increased their holdings in XPO during the fourth quarter, with 97.73% of the stock being owned by institutional investors.
• Analysts generally have a positive outlook for XPO, with a consensus rating of "Moderate Buy" and an average price target of $141.16.

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in XPO, Inc. (NYSE:XPO - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 23,468 shares of the transportation company's stock, valued at approximately $2,525,000.

Several other institutional investors also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB raised its position in shares of XPO by 89.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 240 shares of the transportation company's stock valued at $26,000 after buying an additional 113 shares during the period. Parallel Advisors LLC raised its position in shares of XPO by 58.8% during the 1st quarter. Parallel Advisors LLC now owns 486 shares of the transportation company's stock valued at $52,000 after buying an additional 180 shares during the period. Cullen Frost Bankers Inc. raised its position in shares of XPO by 65.7% during the 1st quarter. Cullen Frost Bankers Inc. now owns 527 shares of the transportation company's stock valued at $57,000 after buying an additional 209 shares during the period. Archer Investment Corp purchased a new stake in shares of XPO during the 1st quarter valued at approximately $91,000. Finally, UMB Bank n.a. raised its position in shares of XPO by 97.4% during the 1st quarter. UMB Bank n.a. now owns 1,062 shares of the transportation company's stock valued at $114,000 after buying an additional 524 shares during the period. 97.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on XPO. Barclays lifted their price target on shares of XPO from $135.00 to $145.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. Jefferies Financial Group reissued a "buy" rating and issued a $140.00 target price (up previously from $135.00) on shares of XPO in a research report on Tuesday, June 10th. Morgan Stanley cut their target price on XPO from $85.00 to $84.00 and set an "underweight" rating on the stock in a research report on Friday. Susquehanna boosted their target price on XPO from $138.00 to $145.00 and gave the company a "positive" rating in a research report on Wednesday, June 18th. Finally, Citigroup raised XPO from a "neutral" rating to a "buy" rating and set a $140.00 target price on the stock in a research report on Friday. One research analyst has rated the stock with a sell rating and nineteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $138.00.

XPO Price Performance

Shares of NYSE:XPO traded down $1.53 during trading on Friday, reaching $118.76. The company had a trading volume of 2,046,588 shares, compared to its average volume of 1,086,700. The firm's fifty day moving average is $125.48 and its 200 day moving average is $120.49. The firm has a market capitalization of $13.99 billion, a PE ratio of 41.09, a price-to-earnings-growth ratio of 2.33 and a beta of 1.93. XPO, Inc. has a twelve month low of $85.06 and a twelve month high of $161.00. The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.02 and a current ratio of 1.01.

XPO (NYSE:XPO - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The transportation company reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.06. XPO had a net margin of 4.32% and a return on equity of 26.48%. The company had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.05 billion. During the same period in the prior year, the business posted $1.12 EPS. The business's revenue for the quarter was up .0% compared to the same quarter last year. On average, equities analysts forecast that XPO, Inc. will post 4.15 EPS for the current year.

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.