Seeds Investor LLC Invests $200,000 in XPO, Inc. $XPO

Seeds Investor LLC bought a new stake in shares of XPO, Inc. (NYSE:XPO) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,586 shares of the transportation company’s stock, valued at approximately $200,000.

Other hedge funds also recently bought and sold shares of the company. Durable Capital Partners LP boosted its stake in shares of XPO by 246.4% in the first quarter. Durable Capital Partners LP now owns 2,005,297 shares of the transportation company’s stock worth $215,730,000 after acquiring an additional 1,426,394 shares during the period. Cooke & Bieler LP bought a new stake in XPO during the 2nd quarter valued at approximately $108,218,000. BNP Paribas Financial Markets lifted its holdings in XPO by 854.2% in the 1st quarter. BNP Paribas Financial Markets now owns 551,539 shares of the transportation company’s stock worth $59,335,000 after purchasing an additional 493,736 shares in the last quarter. Westfield Capital Management Co. LP bought a new position in XPO in the 2nd quarter worth approximately $47,437,000. Finally, Nuveen LLC bought a new position in XPO in the 1st quarter worth approximately $33,965,000. Institutional investors own 97.73% of the company’s stock.

Insider Activity

In other news, Director Allison Landry sold 3,250 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $135.04, for a total value of $438,880.00. Following the completion of the sale, the director directly owned 5,875 shares of the company’s stock, valued at $793,360. This trade represents a 35.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of XPO from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. UBS Group lifted their price target on shares of XPO from $150.00 to $162.00 and gave the company a “buy” rating in a report on Friday, October 3rd. Evercore ISI boosted their price target on shares of XPO from $141.00 to $151.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Citigroup increased their price objective on shares of XPO from $155.00 to $159.00 and gave the company a “buy” rating in a report on Friday, October 31st. Finally, Stifel Nicolaus set a $149.00 price objective on XPO in a research report on Friday, October 31st. Twenty analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $148.15.

XPO Stock Performance

Shares of NYSE:XPO opened at $132.16 on Friday. The firm has a fifty day simple moving average of $131.96 and a two-hundred day simple moving average of $127.83. XPO, Inc. has a 52 week low of $85.06 and a 52 week high of $161.00. The company has a quick ratio of 1.02, a current ratio of 1.01 and a debt-to-equity ratio of 1.88. The stock has a market capitalization of $15.51 billion, a P/E ratio of 45.73, a PEG ratio of 2.51 and a beta of 1.99.

XPO (NYSE:XPO) last announced its quarterly earnings results on Tuesday, April 11th. The transportation company reported $0.64 EPS for the quarter. The firm had revenue of ($2,243.00) million during the quarter. XPO had a net margin of 4.32% and a return on equity of 26.48%. On average, analysts expect that XPO, Inc. will post 4.15 earnings per share for the current fiscal year.

About XPO

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.