Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in XPO, Inc. (NYSE:XPO – Free Report) by 20.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,617 shares of the transportation company’s stock after selling 4,851 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in XPO were worth $2,351,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of XPO. SouthState Corp acquired a new position in shares of XPO during the 1st quarter worth approximately $25,000. RMG Wealth Management LLC bought a new stake in shares of XPO in the second quarter valued at approximately $26,000. FNY Investment Advisers LLC acquired a new stake in XPO during the second quarter worth approximately $42,000. MassMutual Private Wealth & Trust FSB increased its stake in XPO by 46.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the transportation company’s stock worth $44,000 after acquiring an additional 111 shares during the period. Finally, Bessemer Group Inc. raised its holdings in XPO by 58.7% in the 2nd quarter. Bessemer Group Inc. now owns 403 shares of the transportation company’s stock valued at $51,000 after acquiring an additional 149 shares in the last quarter. Institutional investors own 97.73% of the company’s stock.
XPO Trading Up 1.0%
Shares of XPO stock opened at $133.85 on Tuesday. The firm’s 50 day moving average is $131.95 and its 200 day moving average is $128.25. The firm has a market capitalization of $15.71 billion, a PE ratio of 46.31, a price-to-earnings-growth ratio of 2.51 and a beta of 1.99. XPO, Inc. has a 1 year low of $85.06 and a 1 year high of $161.00. The company has a current ratio of 1.01, a quick ratio of 1.02 and a debt-to-equity ratio of 1.88.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the company. Stifel Nicolaus set a $149.00 target price on XPO in a report on Friday, October 31st. Raymond James Financial upped their price objective on shares of XPO from $132.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Wells Fargo & Company increased their price objective on shares of XPO from $144.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Truist Financial set a $145.00 target price on shares of XPO in a report on Tuesday, October 14th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of XPO in a report on Wednesday, October 8th. Twenty analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, XPO has a consensus rating of “Moderate Buy” and a consensus target price of $148.15.
View Our Latest Stock Analysis on XPO
Insider Buying and Selling at XPO
In related news, Director Allison Landry sold 3,250 shares of the firm’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $135.04, for a total transaction of $438,880.00. Following the sale, the director 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 legal filing with the SEC, which is available through this hyperlink. 2.90% of the stock is currently owned by company insiders.
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.
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