Vaughan Nelson Investment Management L.P. Has $33.84 Million Stock Holdings in XPO, Inc. $XPO

Vaughan Nelson Investment Management L.P. decreased its holdings in XPO, Inc. (NYSE:XPO) by 9.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 173,964 shares of the transportation company’s stock after selling 18,230 shares during the period. Vaughan Nelson Investment Management L.P. owned approximately 0.15% of XPO worth $33,845,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of XPO. Toth Financial Advisory Corp boosted its stake in XPO by 100.0% in the fourth quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company’s stock valued at $27,000 after buying an additional 100 shares in the last quarter. Elyxium Wealth LLC acquired a new position in XPO during the fourth quarter worth about $28,000. Torren Management LLC acquired a new position in XPO during the fourth quarter worth about $37,000. Horizon Investments LLC bought a new position in shares of XPO in the third quarter worth about $39,000. Finally, International Assets Investment Management LLC bought a new position in shares of XPO in the fourth quarter worth about $41,000. Institutional investors and hedge funds own 97.73% of the company’s stock.

Analyst Ratings Changes

XPO has been the topic of several research reports. Benchmark lifted their price target on shares of XPO from $220.00 to $240.00 and gave the company a “buy” rating in a report on Friday, May 1st. BMO Capital Markets increased their price objective on shares of XPO from $240.00 to $245.00 and gave the company an “outperform” rating in a research note on Thursday, June 4th. Wells Fargo & Company raised their target price on shares of XPO from $235.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, June 5th. TD Cowen boosted their target price on shares of XPO from $192.00 to $224.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Bank of America upped their price target on shares of XPO from $244.00 to $246.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, XPO presently has an average rating of “Moderate Buy” and a consensus target price of $218.10.

XPO Stock Performance

XPO stock opened at $200.90 on Tuesday. The business has a 50 day moving average of $213.28 and a 200-day moving average of $186.63. The company has a market capitalization of $23.59 billion, a P/E ratio of 68.80, a P/E/G ratio of 2.32 and a beta of 1.83. XPO, Inc. has a 1 year low of $116.68 and a 1 year high of $232.05. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99.

XPO (NYSE:XPO) last posted its earnings results on Thursday, April 30th. The transportation company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.89 by $0.12. XPO had a net margin of 4.19% and a return on equity of 26.21%. The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same period last year, the company earned $0.73 EPS. The firm’s revenue was up 7.3% compared to the same quarter last year. On average, equities research analysts predict that XPO, Inc. will post 4.85 earnings per share for the current year.

Insider Activity

In other news, Director Allison Landry sold 2,400 shares of the firm’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $215.61, for a total transaction of $517,464.00. Following the completion of the transaction, the director owned 4,849 shares of the company’s stock, valued at approximately $1,045,492.89. This trade represents a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.87% of the company’s stock.

XPO Company Profile

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.