XPO, Inc. (NYSE:XPO) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC raised its holdings in shares of XPO, Inc. (NYSE:XPO) by 42.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,414 shares of the transportation company’s stock after buying an additional 18,398 shares during the period. Natixis Advisors LLC owned about 0.05% of XPO worth $8,054,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Versant Capital Management Inc acquired a new position in shares of XPO during the fourth quarter worth $29,000. Halbert Hargrove Global Advisors LLC acquired a new stake in XPO in the fourth quarter valued at $42,000. Cullen Frost Bankers Inc. raised its holdings in XPO by 69.1% in the fourth quarter. Cullen Frost Bankers Inc. now owns 318 shares of the transportation company’s stock valued at $42,000 after acquiring an additional 130 shares in the last quarter. Larson Financial Group LLC raised its holdings in XPO by 25.6% in the fourth quarter. Larson Financial Group LLC now owns 373 shares of the transportation company’s stock valued at $49,000 after acquiring an additional 76 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new stake in XPO in the third quarter valued at $57,000. 97.73% of the stock is owned by institutional investors and hedge funds.

Insider Activity at XPO

In related news, COO David J. Bates bought 1,880 shares of the firm’s stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average price of $106.16 per share, for a total transaction of $199,580.80. Following the transaction, the chief operating officer now directly owns 21,106 shares of the company’s stock, valued at approximately $2,240,612.96. This represents a 9.78 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.00% of the stock is currently owned by insiders.

XPO Stock Performance

Shares of XPO opened at $107.86 on Friday. The firm has a 50-day moving average price of $129.06 and a 200 day moving average price of $129.46. The firm has a market capitalization of $12.65 billion, a PE ratio of 33.39, a P/E/G ratio of 1.79 and a beta of 2.13. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.08. XPO, Inc. has a 52-week low of $97.03 and a 52-week high of $161.00.

XPO (NYSE:XPO) last announced its earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. On average, sell-side analysts anticipate that XPO, Inc. will post 4.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

XPO has been the topic of several recent analyst reports. Stephens reaffirmed an “overweight” rating and issued a $171.00 price target on shares of XPO in a report on Wednesday, March 5th. Wells Fargo & Company cut their price target on shares of XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Vertical Research upgraded shares of XPO from a “hold” rating to a “buy” rating and set a $140.00 target price for the company in a research note on Thursday, March 6th. Oppenheimer boosted their target price on shares of XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of XPO in a research note on Friday, March 7th. They set a “buy” rating and a $156.00 target price for the company. Nineteen investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, XPO has an average rating of “Buy” and an average target price of $158.47.

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.