South Dakota Investment Council Sells 13,529 Shares of XPO, Inc. (NYSE:XPO)

South Dakota Investment Council lowered its position in XPO, Inc. (NYSE:XPO - Free Report) by 52.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,366 shares of the transportation company's stock after selling 13,529 shares during the quarter. South Dakota Investment Council's holdings in XPO were worth $1,083,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in XPO. GAMMA Investing LLC bought a new position in shares of XPO in the fourth quarter valued at approximately $46,000. Hanseatic Management Services Inc. bought a new position in shares of XPO in the third quarter valued at approximately $43,000. Quent Capital LLC boosted its holdings in shares of XPO by 33.5% in the fourth quarter. Quent Capital LLC now owns 729 shares of the transportation company's stock valued at $64,000 after acquiring an additional 183 shares in the last quarter. Fifth Third Bancorp boosted its holdings in shares of XPO by 37.3% in the third quarter. Fifth Third Bancorp now owns 732 shares of the transportation company's stock valued at $55,000 after acquiring an additional 199 shares in the last quarter. Finally, CWM LLC boosted its holdings in shares of XPO by 25.2% in the fourth quarter. CWM LLC now owns 796 shares of the transportation company's stock valued at $70,000 after acquiring an additional 160 shares in the last quarter. Institutional investors and hedge funds own 97.73% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Citigroup raised their target price on shares of XPO from $100.00 to $135.00 and gave the stock a "buy" rating in a report on Thursday, February 8th. Raymond James raised their target price on shares of XPO from $130.00 to $145.00 and gave the stock an "outperform" rating in a report on Monday, April 15th. StockNews.com cut shares of XPO from a "hold" rating to a "sell" rating in a report on Thursday, December 28th. Susquehanna raised their target price on shares of XPO from $100.00 to $140.00 and gave the stock a "positive" rating in a report on Thursday, February 8th. Finally, Oppenheimer raised their price objective on shares of XPO from $130.00 to $140.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 10th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $111.65.

XPO Stock Down 6.2 %

Shares of XPO stock traded down $7.33 during midday trading on Friday, reaching $110.92. 4,820,526 shares of the company's stock traded hands, compared to its average volume of 1,360,224. The company has a market cap of $12.90 billion, a price-to-earnings ratio of 66.70, a price-to-earnings-growth ratio of 2.82 and a beta of 2.19. The company's 50 day simple moving average is $122.11 and its 200 day simple moving average is $98.65. The company has a debt-to-equity ratio of 2.63, a quick ratio of 1.00 and a current ratio of 1.00. XPO, Inc. has a 52 week low of $40.69 and a 52 week high of $130.51.

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