Inceptionr LLC Makes New $487,000 Investment in XPO, Inc. $XPO

Inceptionr LLC bought a new stake in shares of XPO, Inc. (NYSE:XPO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,766 shares of the transportation company’s stock, valued at approximately $487,000.

Several other large investors have also recently made changes to their positions in the stock. Bayforest Capital Ltd increased its position in shares of XPO by 72.8% during the third quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company’s stock worth $25,000 after purchasing an additional 83 shares in the last quarter. Root Financial Partners LLC purchased a new position in shares of XPO in the third quarter worth about $32,000. EverSource Wealth Advisors LLC lifted its stake in XPO by 35.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company’s stock valued at $42,000 after acquiring an additional 88 shares during the period. Farmers & Merchants Investments Inc. lifted its position in XPO by 247.4% during the third quarter. Farmers & Merchants Investments Inc. now owns 337 shares of the transportation company’s stock valued at $44,000 after purchasing an additional 240 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of XPO by 71.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 434 shares of the transportation company’s stock valued at $55,000 after buying an additional 181 shares during the period. 97.73% of the stock is owned by institutional investors.

XPO Trading Down 0.4%

NYSE:XPO opened at $193.81 on Thursday. The stock has a market cap of $22.71 billion, a P/E ratio of 73.14, a P/E/G ratio of 2.52 and a beta of 1.94. XPO, Inc. has a 1 year low of $85.06 and a 1 year high of $220.50. The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a 50-day simple moving average of $175.83 and a 200-day simple moving average of $149.13.

XPO (NYSE:XPO) last posted its earnings results on Thursday, February 5th. The transportation company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.12. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.95 billion. XPO had a return on equity of 25.07% and a net margin of 3.87%.The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.89 EPS. As a group, analysts anticipate that XPO, Inc. will post 4.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Stifel Nicolaus increased their target price on shares of XPO from $166.00 to $206.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Susquehanna cut shares of XPO from a “positive” rating to a “neutral” rating and lifted their target price for the stock from $160.00 to $210.00 in a research note on Wednesday, February 11th. Oppenheimer upped their price target on XPO from $198.00 to $228.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. BMO Capital Markets set a $230.00 price objective on shares of XPO in a research report on Thursday, February 19th. Finally, Zacks Research raised XPO from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $182.14.

About XPO

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.