XPO, Inc. (NYSE:XPO) Shares Sold by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. trimmed its position in shares of XPO, Inc. (NYSE:XPO) by 18.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 947 shares of the transportation company’s stock after selling 220 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in XPO were worth $124,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in XPO. Versant Capital Management Inc purchased a new position in XPO in the fourth quarter valued at $29,000. ORG Wealth Partners LLC acquired a new position in XPO in the 3rd quarter worth about $25,000. UMB Bank n.a. raised its holdings in XPO by 356.6% in the 3rd quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock worth $49,000 after purchasing an additional 353 shares during the period. Brooklyn Investment Group acquired a new stake in XPO in the third quarter valued at approximately $57,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in shares of XPO in the third quarter valued at approximately $78,000. 97.73% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently commented on XPO. TD Cowen boosted their price target on shares of XPO from $137.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Citigroup upped their price target on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Oppenheimer lifted their price objective on XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Stephens reissued an “overweight” rating and set a $165.00 target price on shares of XPO in a report on Wednesday, December 4th. Finally, Stifel Nicolaus lifted their price target on XPO from $124.00 to $147.00 and gave the stock a “hold” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, XPO presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.06.

XPO Stock Performance

Shares of XPO stock opened at $139.01 on Friday. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $16.18 billion, a P/E ratio of 44.99, a P/E/G ratio of 1.79 and a beta of 2.11. The firm’s 50 day moving average price is $143.49 and its 200-day moving average price is $126.01. XPO, Inc. has a one year low of $82.78 and a one year high of $161.00.

XPO (NYSE:XPO) last released its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. XPO had a return on equity of 31.16% and a net margin of 4.57%. The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same period in the prior year, the firm earned $0.88 earnings per share. The firm’s revenue was up 3.7% compared to the same quarter last year. As a group, equities research analysts predict that XPO, Inc. will post 3.58 EPS for the current year.

XPO Company Profile

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.