Duality Advisers LP Has $3.75 Million Stock Holdings in XPO, Inc. (NYSE:XPO)

Duality Advisers LP grew its holdings in shares of XPO, Inc. (NYSE:XPO - Free Report) by 20.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,782 shares of the transportation company's stock after buying an additional 7,238 shares during the quarter. Duality Advisers LP's holdings in XPO were worth $3,747,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in XPO. City Holding Co. boosted its stake in shares of XPO by 292.4% during the 3rd quarter. City Holding Co. now owns 1,295 shares of the transportation company's stock valued at $97,000 after buying an additional 965 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in XPO by 520.4% during the third quarter. Exchange Traded Concepts LLC now owns 24,647 shares of the transportation company's stock worth $1,840,000 after purchasing an additional 20,674 shares during the last quarter. Coronation Fund Managers Ltd. lifted its stake in XPO by 629.3% during the third quarter. Coronation Fund Managers Ltd. now owns 76,968 shares of the transportation company's stock worth $5,746,000 after purchasing an additional 66,415 shares during the last quarter. Handelsbanken Fonder AB lifted its stake in XPO by 33.3% during the third quarter. Handelsbanken Fonder AB now owns 22,800 shares of the transportation company's stock worth $1,702,000 after purchasing an additional 5,700 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in XPO by 2.6% during the third quarter. Commonwealth Equity Services LLC now owns 19,896 shares of the transportation company's stock worth $1,486,000 after purchasing an additional 495 shares during the last quarter. 97.73% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on XPO shares. Barclays raised their price objective on XPO from $100.00 to $125.00 and gave the stock an "overweight" rating in a research note on Thursday, February 8th. TD Cowen raised their price objective on XPO from $129.00 to $136.00 and gave the stock an "outperform" rating in a research note on Thursday, March 7th. Citigroup raised their price objective on XPO from $100.00 to $135.00 and gave the stock a "buy" rating in a research note on Thursday, February 8th. Oppenheimer increased their target price on XPO from $130.00 to $140.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 10th. Finally, StockNews.com lowered XPO from a "hold" rating to a "sell" rating in a research report on Thursday, December 28th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $111.65.

XPO Stock Performance

Shares of XPO traded up $4.74 during trading hours on Tuesday, reaching $120.84. 973,883 shares of the company's stock traded hands, compared to its average volume of 1,297,650. The firm has a market capitalization of $14.05 billion, a price-to-earnings ratio of 75.06, a P/E/G ratio of 2.75 and a beta of 2.19. The company has a debt-to-equity ratio of 2.63, a current ratio of 1.00 and a quick ratio of 1.00. XPO, Inc. has a twelve month low of $40.69 and a twelve month high of $130.51. The business's fifty day simple moving average is $122.22 and its two-hundred day simple moving average is $98.38.

XPO (NYSE:XPO - Get Free Report) last released its earnings results on Wednesday, February 7th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.15. The firm had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.92 billion. XPO had a return on equity of 29.85% and a net margin of 2.44%. XPO's revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.98 earnings per share. Analysts predict that XPO, Inc. will post 3.47 earnings per share for the current year.

About XPO

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.