Partners Group Holding AG Sells 4,639 Shares of XPO, Inc. $XPO

Partners Group Holding AG reduced its stake in shares of XPO, Inc. (NYSE:XPO) by 10.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,877 shares of the transportation company’s stock after selling 4,639 shares during the quarter. Partners Group Holding AG’s holdings in XPO were worth $5,692,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Allworth Financial LP grew its stake in shares of XPO by 10.1% during the fourth quarter. Allworth Financial LP now owns 810 shares of the transportation company’s stock valued at $110,000 after buying an additional 74 shares during the last quarter. Vise Technologies Inc. grew its stake in shares of XPO by 3.4% during the third quarter. Vise Technologies Inc. now owns 2,301 shares of the transportation company’s stock valued at $297,000 after buying an additional 76 shares during the last quarter. Signaturefd LLC grew its stake in shares of XPO by 9.9% during the fourth quarter. Signaturefd LLC now owns 880 shares of the transportation company’s stock valued at $120,000 after buying an additional 79 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in shares of XPO by 23.0% during the third quarter. Parkside Financial Bank & Trust now owns 439 shares of the transportation company’s stock valued at $57,000 after buying an additional 82 shares during the last quarter. Finally, Archer Investment Corp grew its stake in shares of XPO by 9.6% during the third quarter. Archer Investment Corp now owns 932 shares of the transportation company’s stock valued at $120,000 after buying an additional 82 shares during the last quarter. 97.73% of the stock is owned by institutional investors.

XPO Stock Performance

XPO stock opened at $201.47 on Wednesday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The firm has a 50-day moving average of $203.41 and a 200-day moving average of $173.62. The firm has a market cap of $23.65 billion, a P/E ratio of 69.00, a P/E/G ratio of 2.35 and a beta of 1.87. XPO, Inc. has a 1-year low of $110.78 and a 1-year high of $231.46.

XPO (NYSE:XPO) last issued its quarterly earnings data 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 during the quarter, compared to analyst estimates of $2.04 billion. During the same period last year, the business posted $0.73 earnings per share. XPO’s quarterly revenue was up 7.3% compared to the same quarter last year. Sell-side analysts expect that XPO, Inc. will post 4.84 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on XPO shares. Weiss Ratings raised XPO from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Susquehanna cut XPO from a “positive” rating to a “neutral” rating and raised their price objective for the company from $160.00 to $210.00 in a research note on Wednesday, February 11th. Evercore set a $222.00 price objective on XPO in a research note on Friday, May 1st. Wells Fargo & Company raised their price objective on XPO from $225.00 to $235.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Finally, Jefferies Financial Group increased their target price on shares of XPO to $275.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, XPO has a consensus rating of “Moderate Buy” and a consensus price target of $211.24.

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.