Brown Advisory Inc. Has $1.34 Million Holdings in XPO, Inc. (NYSE:XPO)

Brown Advisory Inc. lifted its position in shares of XPO, Inc. (NYSE:XPO - Free Report) by 96.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,276 shares of the transportation company's stock after acquiring an additional 7,498 shares during the quarter. Brown Advisory Inc.'s holdings in XPO were worth $1,338,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of XPO by 0.5% during the third quarter. Vanguard Group Inc. now owns 10,794,892 shares of the transportation company's stock worth $805,947,000 after acquiring an additional 54,528 shares during the period. Dimensional Fund Advisors LP boosted its holdings in XPO by 4.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,468,051 shares of the transportation company's stock worth $128,603,000 after buying an additional 67,797 shares in the last quarter. Deutsche Bank AG boosted its holdings in XPO by 12,894.9% during the third quarter. Deutsche Bank AG now owns 1,304,037 shares of the transportation company's stock worth $97,359,000 after buying an additional 1,294,002 shares in the last quarter. Invesco Ltd. boosted its holdings in XPO by 76.5% during the third quarter. Invesco Ltd. now owns 1,258,725 shares of the transportation company's stock worth $93,976,000 after buying an additional 545,485 shares in the last quarter. Finally, Federated Hermes Inc. boosted its holdings in XPO by 14.1% during the third quarter. Federated Hermes Inc. now owns 1,197,431 shares of the transportation company's stock worth $89,400,000 after buying an additional 147,868 shares in the last quarter. 97.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, major shareholder Mfn Partners, Lp sold 1,250,000 shares of the firm's stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $112.98, for a total value of $141,225,000.00. Following the transaction, the insider now owns 11,425,369 shares of the company's stock, valued at approximately $1,290,838,189.62. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.00% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. BMO Capital Markets boosted their price objective on shares of XPO from $100.00 to $145.00 and gave the stock an "outperform" rating in a report on Thursday, February 8th. Stephens reaffirmed an "overweight" rating and issued a $150.00 price target on shares of XPO in a report on Monday, May 6th. Stifel Nicolaus raised shares of XPO from a "hold" rating to a "buy" rating and upped their price target for the company from $115.00 to $120.00 in a report on Friday. Oppenheimer upped their price target on shares of XPO from $130.00 to $140.00 and gave the company an "outperform" rating in a report on Wednesday, April 10th. Finally, Morgan Stanley downgraded shares of XPO from an "equal weight" rating to an "underweight" rating and upped their price target for the company from $75.00 to $80.00 in a report on Monday, February 12th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $116.60.

XPO Trading Up 2.8 %

Shares of XPO traded up $2.97 during mid-day trading on Friday, reaching $108.37. The company had a trading volume of 1,269,426 shares, compared to its average volume of 1,860,429. The stock has a market cap of $12.61 billion, a price-to-earnings ratio of 53.12, a price-to-earnings-growth ratio of 1.50 and a beta of 2.17. The firm has a fifty day simple moving average of $117.23 and a 200-day simple moving average of $103.93. XPO, Inc. has a fifty-two week low of $46.65 and a fifty-two week high of $130.51. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 2.49.

XPO (NYSE:XPO - Get Free Report) last issued its earnings results on Friday, May 3rd. The transportation company reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.13. XPO had a net margin of 3.08% and a return on equity of 30.77%. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter last year, the firm posted $0.56 EPS. The business's revenue for the quarter was up 5.8% compared to the same quarter last year. On average, sell-side analysts anticipate that XPO, Inc. will post 3.61 EPS 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.