Eisler Capital Management Ltd. Purchases Shares of 32,397 XPO, Inc. (NYSE:XPO)

Eisler Capital Management Ltd. acquired a new position in shares of XPO, Inc. (NYSE:XPO) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 32,397 shares of the transportation company’s stock, valued at approximately $4,293,000.

Several other large investors have also made changes to their positions in XPO. Argent Trust Co raised its holdings in shares of XPO by 1.9% in the 4th quarter. Argent Trust Co now owns 3,940 shares of the transportation company’s stock worth $517,000 after purchasing an additional 75 shares during the period. Larson Financial Group LLC lifted its holdings in shares of XPO by 25.6% during the 4th 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. UMB Bank n.a. raised its position in XPO by 19.0% in the fourth quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock valued at $71,000 after purchasing an additional 86 shares during the period. SageView Advisory Group LLC lifted its stake in shares of XPO by 2.1% during the fourth quarter. SageView Advisory Group LLC now owns 4,626 shares of the transportation company’s stock worth $607,000 after purchasing an additional 96 shares in the last quarter. Finally, First Eagle Investment Management LLC grew its stake in shares of XPO by 1.3% in the fourth quarter. First Eagle Investment Management LLC now owns 7,957 shares of the transportation company’s stock valued at $1,044,000 after buying an additional 100 shares in the last quarter. 97.73% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, COO David J. Bates bought 1,880 shares of the business’s stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of $106.16 per share, with a total value of $199,580.80. Following the purchase, the chief operating officer now directly owns 21,106 shares in the company, valued at $2,240,612.96. This trade represents a 9.78 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 2.90% of the company’s stock.

Wall Street Analyst Weigh In

XPO has been the subject of several recent research reports. Truist Financial lowered their price objective on shares of XPO from $130.00 to $125.00 and set a “buy” rating for the company in a research report on Thursday, April 24th. Stifel Nicolaus decreased their price objective on shares of XPO from $147.00 to $142.00 and set a “buy” rating for the company in a research report on Monday, April 14th. UBS Group lifted their target price on XPO from $108.00 to $123.00 and gave the stock a “buy” rating in a research report on Thursday, May 1st. Susquehanna lowered their price objective on XPO from $180.00 to $138.00 and set a “positive” rating for the company in a research note on Monday, March 31st. Finally, Stephens set a $131.00 target price on XPO and gave the company an “overweight” rating in a research report on Thursday, May 1st. Nineteen analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $133.68.

XPO Stock Up 2.6 %

XPO stock opened at $112.29 on Friday. XPO, Inc. has a 52 week low of $85.06 and a 52 week high of $161.00. The company’s 50-day moving average price is $104.05 and its two-hundred day moving average price is $127.31. The stock has a market cap of $13.23 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 1.79 and a beta of 1.96. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.08.

XPO (NYSE:XPO) last announced its earnings results on Wednesday, April 30th. The transportation company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.65 by $0.08. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.98 billion. XPO had a return on equity of 30.36% and a net margin of 4.81%. XPO’s revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.81 earnings per share. On average, analysts expect that XPO, Inc. will post 4.15 EPS for the current fiscal year.

XPO announced that its Board of Directors has initiated a stock repurchase program on Thursday, March 27th that allows the company to repurchase $750.00 million in shares. This repurchase authorization allows the transportation company to purchase up to 5.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

XPO 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.