Vanguard Group Inc. Decreases Holdings in XPO, Inc. (NYSE:XPO)

Vanguard Group Inc. lessened its position in XPO, Inc. (NYSE:XPO - Free Report) by 0.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,969,884 shares of the transportation company's stock after selling 65,042 shares during the quarter. Vanguard Group Inc. owned 9.31% of XPO worth $1,180,140,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in XPO. Scientech Research LLC lifted its stake in XPO by 0.9% in the fourth quarter. Scientech Research LLC now owns 9,843 shares of the transportation company's stock worth $1,291,000 after acquiring an additional 84 shares during the period. SageView Advisory Group LLC raised its holdings in shares of XPO by 2.1% in the 4th quarter. SageView Advisory Group LLC now owns 4,626 shares of the transportation company's stock valued at $607,000 after purchasing an additional 96 shares in the last quarter. Utah Retirement Systems raised its holdings in shares of XPO by 1.6% in the 4th quarter. Utah Retirement Systems now owns 6,193 shares of the transportation company's stock valued at $812,000 after purchasing an additional 100 shares in the last quarter. Coldstream Capital Management Inc. lifted its position in shares of XPO by 4.5% in the 4th quarter. Coldstream Capital Management Inc. now owns 2,340 shares of the transportation company's stock worth $307,000 after purchasing an additional 101 shares during the period. Finally, First Manhattan CO. LLC. boosted its stake in shares of XPO by 4.8% during the fourth quarter. First Manhattan CO. LLC. now owns 2,208 shares of the transportation company's stock valued at $290,000 after purchasing an additional 102 shares in the last quarter. 97.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

XPO has been the topic of several recent research reports. Stephens reaffirmed an "overweight" rating and set a $131.00 target price on shares of XPO in a research report on Thursday, June 5th. Jefferies Financial Group reiterated a "buy" rating and issued a $140.00 target price (up previously from $135.00) on shares of XPO in a research note on Tuesday, June 10th. Bank of America boosted their target price on shares of XPO from $139.00 to $150.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Susquehanna raised their price target on shares of XPO from $138.00 to $145.00 and gave the company a "positive" rating in a report on Wednesday, June 18th. Finally, Wall Street Zen raised shares of XPO from a "sell" rating to a "hold" rating in a research report on Saturday, August 2nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nineteen have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $138.00.

XPO Stock Performance

XPO stock traded up $7.43 during midday trading on Tuesday, hitting $126.48. 1,394,502 shares of the stock traded hands, compared to its average volume of 1,232,116. XPO, Inc. has a 1-year low of $85.06 and a 1-year high of $161.00. 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 stock's fifty day simple moving average is $126.22 and its 200-day simple moving average is $119.45. The firm has a market cap of $14.89 billion, a P/E ratio of 43.76, a PEG ratio of 2.30 and a beta of 1.97.

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

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.