XPO, Inc. (NYSE:XPO) Shares Sold by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc lowered its position in XPO, Inc. (NYSE:XPO - Free Report) by 50.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,000 shares of the transportation company's stock after selling 7,000 shares during the period. K.J. Harrison & Partners Inc's holdings in XPO were worth $613,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of XPO. Dorsey Wright & Associates purchased a new position in XPO in the 3rd quarter valued at about $1,252,000. Lisanti Capital Growth LLC lifted its stake in XPO by 527.2% in the 3rd quarter. Lisanti Capital Growth LLC now owns 90,445 shares of the transportation company's stock valued at $6,753,000 after buying an additional 76,025 shares in the last quarter. Deutsche Bank AG lifted its stake in XPO by 12,894.9% in the 3rd quarter. Deutsche Bank AG now owns 1,304,037 shares of the transportation company's stock valued at $97,359,000 after buying an additional 1,294,002 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in XPO by 11.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,928 shares of the transportation company's stock valued at $443,000 after buying an additional 586 shares in the last quarter. Finally, New York State Teachers Retirement System lifted its stake in XPO by 2.7% in the 4th quarter. New York State Teachers Retirement System now owns 123,804 shares of the transportation company's stock worth $10,844,000 after purchasing an additional 3,207 shares in the last quarter. Institutional investors and hedge funds own 97.73% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on XPO. Morgan Stanley lowered shares of XPO from an "equal weight" rating to an "underweight" rating and raised their target price for the stock from $75.00 to $80.00 in a research note on Monday, February 12th. Bank of America raised their target price on shares of XPO from $137.00 to $139.00 and gave the stock a "buy" rating in a research note on Monday, April 15th. Barclays raised their target price on shares of XPO from $100.00 to $125.00 and gave the stock an "overweight" rating in a research note on Thursday, February 8th. The Goldman Sachs Group raised their target price on shares of XPO from $98.00 to $126.00 and gave the stock a "buy" rating in a research note on Thursday, February 8th. Finally, Susquehanna raised their price target on shares of XPO from $100.00 to $140.00 and gave the stock a "positive" rating in a report on Thursday, February 8th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, XPO currently has an average rating of "Moderate Buy" and a consensus target price of $111.65.

XPO Trading Down 6.2 %

XPO stock traded down $7.35 during trading on Friday, hitting $110.90. The company had a trading volume of 4,820,529 shares, compared to its average volume of 1,063,648. XPO, Inc. has a 1-year low of $40.69 and a 1-year high of $130.51. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 2.63. The company's 50 day simple moving average is $121.92 and its 200-day simple moving average is $99.02. The stock has a market cap of $12.90 billion, a price-to-earnings ratio of 68.88, a price-to-earnings-growth ratio of 2.84 and a beta of 2.19.

XPO (NYSE:XPO - Get Free Report) last posted its quarterly earnings results on Wednesday, February 7th. The transportation company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.62 by $0.15. The business had revenue of $1.94 billion during 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%. The company's quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.98 earnings per share. As a group, analysts expect that XPO, Inc. will post 3.47 EPS for the current fiscal 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.