3,130 Shares in XPO, Inc. $XPO Acquired by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC acquired a new position in XPO, Inc. (NYSE:XPO) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,130 shares of the transportation company’s stock, valued at approximately $643,000.

Other large investors have also modified their holdings of the company. Parallel Advisors LLC boosted its holdings in XPO by 13.2% during the first quarter. Parallel Advisors LLC now owns 421 shares of the transportation company’s stock valued at $82,000 after acquiring an additional 49 shares during the period. V Square Quantitative Management LLC grew its position in shares of XPO by 19.1% in the first quarter. V Square Quantitative Management LLC now owns 374 shares of the transportation company’s stock valued at $73,000 after purchasing an additional 60 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of XPO by 13.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 494 shares of the transportation company’s stock worth $68,000 after purchasing an additional 60 shares during the period. Root Financial Partners LLC increased its stake in shares of XPO by 21.1% in the first quarter. Root Financial Partners LLC now owns 362 shares of the transportation company’s stock worth $70,000 after purchasing an additional 63 shares during the period. Finally, UMB Bank n.a. lifted its position in shares of XPO by 4.4% during the 4th quarter. UMB Bank n.a. now owns 1,483 shares of the transportation company’s stock worth $202,000 after purchasing an additional 63 shares during the last quarter. 97.73% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Allison Landry sold 2,400 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $215.61, for a total value of $517,464.00. Following the completion of the sale, the director owned 4,849 shares of the company’s stock, valued at $1,045,492.89. This trade represents a 33.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Christopher Michael Brown sold 3,750 shares of XPO stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $201.94, for a total value of $757,275.00. Following the completion of the sale, the chief accounting officer directly owned 31,005 shares of the company’s stock, valued at $6,261,149.70. This trade represents a 10.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 7,400 shares of company stock valued at $1,526,502 in the last 90 days. Corporate insiders own 0.87% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on XPO shares. Raymond James Financial reduced their price objective on XPO from $233.00 to $225.00 and set an “outperform” rating for the company in a research report on Monday, July 13th. Citizens Jmp initiated coverage on shares of XPO in a research report on Wednesday, July 15th. They set a “market perform” rating on the stock. JPMorgan Chase & Co. upped their target price on shares of XPO from $208.00 to $210.00 and gave the company an “overweight” rating in a research note on Monday, June 8th. Citigroup reduced their price target on shares of XPO from $226.00 to $221.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Finally, Stifel Nicolaus raised their price target on shares of XPO from $237.00 to $241.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $225.86.

XPO Price Performance

XPO stock opened at $197.45 on Thursday. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $23.12 billion, a PE ratio of 58.24, a price-to-earnings-growth ratio of 2.06 and a beta of 1.85. XPO, Inc. has a one year low of $121.48 and a one year high of $232.05. The business has a 50 day simple moving average of $206.73 and a 200 day simple moving average of $204.65.

XPO (NYSE:XPO) last posted its earnings results on Thursday, July 30th. The transportation company reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.22. The business had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.28 billion. XPO had a net margin of 4.71% and a return on equity of 29.64%. The firm’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.05 EPS. On average, sell-side analysts forecast that XPO, Inc. will post 5.44 EPS for the current fiscal year.

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.