Capital International Sarl Has $7.90 Million Stock Holdings in XPO, Inc. $XPO

Capital International Sarl raised its stake in XPO, Inc. (NYSE:XPO) by 7.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 61,123 shares of the transportation company’s stock after buying an additional 4,309 shares during the period. Capital International Sarl’s holdings in XPO were worth $7,901,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Forge First Asset Management Inc. acquired a new stake in XPO during the 2nd quarter worth approximately $6,079,000. Allspring Global Investments Holdings LLC increased its position in XPO by 86.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 86,726 shares of the transportation company’s stock valued at $11,008,000 after acquiring an additional 40,235 shares during the period. Gateway Investment Advisers LLC raised its stake in shares of XPO by 67.2% during the third quarter. Gateway Investment Advisers LLC now owns 18,431 shares of the transportation company’s stock valued at $2,383,000 after acquiring an additional 7,406 shares during the last quarter. Cooke & Bieler LP lifted its holdings in shares of XPO by 9.0% during the third quarter. Cooke & Bieler LP now owns 933,745 shares of the transportation company’s stock worth $120,705,000 after purchasing an additional 76,847 shares during the period. Finally, Westfield Capital Management Co. LP bought a new stake in shares of XPO in the second quarter worth $47,437,000. 97.73% of the stock is currently owned by institutional investors and hedge funds.

XPO Price Performance

Shares of XPO opened at $194.71 on Wednesday. The firm has a market cap of $22.81 billion, a PE ratio of 73.48, a price-to-earnings-growth ratio of 2.52 and a beta of 1.94. XPO, Inc. has a 52-week low of $85.06 and a 52-week high of $220.50. The business’s 50 day moving average price is $174.67 and its two-hundred day moving average price is $148.81. The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.05 and a current ratio of 1.05.

XPO (NYSE:XPO) last announced its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.76 by $0.12. The company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.95 billion. XPO had a net margin of 3.87% and a return on equity of 25.07%. The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.89 EPS. On average, equities analysts anticipate that XPO, Inc. will post 4.15 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on XPO shares. Wall Street Zen raised XPO from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. UBS Group set a $210.00 price target on XPO and gave the company a “buy” rating in a research report on Friday, February 6th. Morgan Stanley restated an “underweight” rating and set a $95.00 price objective on shares of XPO in a research report on Thursday, February 5th. Susquehanna lowered XPO from a “positive” rating to a “neutral” rating and lifted their price objective for the stock from $160.00 to $210.00 in a research note on Wednesday, February 11th. Finally, Bank of America raised their price target on shares of XPO from $151.00 to $158.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. One 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $182.14.

XPO 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.