Partners Group Holding AG Lowers Position in XPO, Inc. $XPO

Partners Group Holding AG cut its stake in XPO, Inc. (NYSE:XPO) by 10.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,877 shares of the transportation company’s stock after selling 4,639 shares during the period. Partners Group Holding AG’s holdings in XPO were worth $5,692,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Toth Financial Advisory Corp lifted its holdings in XPO by 100.0% in the fourth quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company’s stock worth $27,000 after buying an additional 100 shares during the period. Elyxium Wealth LLC purchased a new position in shares of XPO during the fourth quarter valued at approximately $28,000. Root Financial Partners LLC purchased a new position in shares of XPO during the third quarter valued at approximately $32,000. Torren Management LLC purchased a new position in shares of XPO during the fourth quarter valued at approximately $37,000. Finally, Horizon Investments LLC purchased a new position in shares of XPO during the third quarter valued at approximately $39,000. 97.73% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Truist Financial set a $240.00 target price on shares of XPO in a report on Friday, May 1st. UBS Group set a $210.00 target price on shares of XPO and gave the company a “buy” rating in a report on Friday, February 6th. Morgan Stanley set a $105.00 target price on shares of XPO and gave the company an “underweight” rating in a report on Friday, May 1st. Evercore set a $222.00 target price on shares of XPO in a report on Friday, May 1st. Finally, TD Cowen lifted their target price on shares of XPO from $192.00 to $224.00 and gave the company a “buy” rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, XPO presently has a consensus rating of “Moderate Buy” and a consensus target price of $211.24.

XPO Price Performance

Shares of XPO opened at $201.47 on Wednesday. The company has a market capitalization of $23.65 billion, a P/E ratio of 69.00, a price-to-earnings-growth ratio of 2.35 and a beta of 1.87. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. The firm has a 50 day moving average of $203.41 and a 200 day moving average of $173.62. XPO, Inc. has a twelve month low of $110.78 and a twelve month high of $231.46.

XPO (NYSE:XPO) last announced its quarterly earnings results on Thursday, April 30th. The transportation company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.12. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.04 billion. XPO had a net margin of 4.19% and a return on equity of 26.21%. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.73 earnings per share. As a group, equities research analysts anticipate that XPO, Inc. will post 4.84 earnings per share for the current fiscal year.

XPO Company Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.