Yousif Capital Management LLC Acquires 193 Shares of XPO, Inc. (NYSE:XPO)

Yousif Capital Management LLC grew its holdings in shares of XPO, Inc. (NYSE:XPO) by 0.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,295 shares of the transportation company’s stock after purchasing an additional 193 shares during the quarter. Yousif Capital Management LLC’s holdings in XPO were worth $4,756,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XPO. Deutsche Bank AG boosted its position in XPO by 12,894.9% during the third quarter. Deutsche Bank AG now owns 1,304,037 shares of the transportation company’s stock worth $97,359,000 after purchasing an additional 1,294,002 shares during the period. Eminence Capital LP boosted its position in XPO by 137.4% during the third quarter. Eminence Capital LP now owns 1,191,311 shares of the transportation company’s stock worth $88,943,000 after purchasing an additional 689,457 shares during the period. Invesco Ltd. boosted its position in XPO by 76.5% during the third quarter. Invesco Ltd. now owns 1,258,725 shares of the transportation company’s stock worth $93,976,000 after purchasing an additional 545,485 shares during the period. Lord Abbett & CO. LLC bought a new position in XPO during the third quarter worth about $27,267,000. Finally, Victory Capital Management Inc. boosted its position in XPO by 1,405.6% during the third quarter. Victory Capital Management Inc. now owns 345,968 shares of the transportation company’s stock worth $25,830,000 after purchasing an additional 322,989 shares during the period. Institutional investors own 97.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on XPO. BMO Capital Markets raised their price objective on shares of XPO from $100.00 to $145.00 and gave the company an “outperform” rating in a research report on Thursday, February 8th. Benchmark raised their price objective on shares of XPO from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. TD Cowen raised their price objective on shares of XPO from $129.00 to $136.00 and gave the company an “outperform” rating in a research report on Thursday, March 7th. Stifel Nicolaus raised their price objective on shares of XPO from $77.00 to $87.00 and gave the company a “hold” rating in a research report on Wednesday, January 10th. Finally, Bank of America raised their price objective on shares of XPO from $137.00 to $139.00 and gave the company a “buy” rating in a research report on Monday, April 15th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $111.65.

XPO Trading Down 6.2 %

XPO stock opened at $110.92 on Friday. The company has a market capitalization of $12.90 billion, a PE ratio of 68.89, a price-to-earnings-growth ratio of 2.84 and a beta of 2.19. XPO, Inc. has a one year low of $40.69 and a one year high of $130.51. The company’s 50 day moving average price is $121.92 and its two-hundred day moving average price is $98.87. The company has a debt-to-equity ratio of 2.63, a quick ratio of 1.00 and a current ratio of 1.00.

XPO (NYSE:XPO) last posted its quarterly earnings results on Wednesday, February 7th. The transportation company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.62 by $0.15. The firm had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.92 billion. XPO had a net margin of 2.44% and a return on equity of 29.85%. The business’s revenue was up 6.0% compared to the same quarter last year. During the same period last year, the firm posted $0.98 earnings per share. As a group, analysts predict that XPO, Inc. will post 3.47 earnings per share for the current fiscal year.

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.