Vaughan Nelson Investment Management L.P. Buys Shares of 168,090 XPO, Inc. (NYSE:XPO)

Vaughan Nelson Investment Management L.P. bought a new stake in XPO, Inc. (NYSE:XPO) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 168,090 shares of the transportation company’s stock, valued at approximately $18,071,000. Vaughan Nelson Investment Management L.P. owned approximately 0.14% of XPO as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of XPO. D1 Capital Partners L.P. acquired a new stake in XPO in the second quarter valued at approximately $271,532,000. Capital Research Global Investors raised its holdings in shares of XPO by 9.8% in the first quarter. Capital Research Global Investors now owns 10,203,481 shares of the transportation company’s stock worth $1,245,131,000 after buying an additional 912,544 shares during the last quarter. Clearbridge Investments LLC raised its holdings in shares of XPO by 11.3% in the second quarter. Clearbridge Investments LLC now owns 2,488,210 shares of the transportation company’s stock worth $264,124,000 after buying an additional 253,519 shares during the last quarter. Interval Partners LP raised its holdings in shares of XPO by 48,850.0% in the first quarter. Interval Partners LP now owns 195,000 shares of the transportation company’s stock worth $23,796,000 after buying an additional 195,400 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in shares of XPO in the second quarter worth $16,540,000. 97.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

XPO has been the subject of a number of research analyst reports. Stifel Nicolaus raised their price target on shares of XPO from $125.00 to $126.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Citigroup raised their price target on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. TD Cowen raised their price target on shares of XPO from $137.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Bank of America decreased their price target on shares of XPO from $135.00 to $134.00 and set a “buy” rating for the company in a report on Monday, July 22nd. Finally, Barclays raised their target price on shares of XPO from $150.00 to $170.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Two equities research analysts have rated the stock with a sell rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $141.13.

XPO Stock Down 2.1 %

XPO stock opened at $145.79 on Monday. The firm has a market cap of $16.97 billion, a PE ratio of 47.18, a P/E/G ratio of 2.19 and a beta of 2.07. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. The firm’s fifty day moving average is $119.54 and its 200 day moving average is $113.52. XPO, Inc. has a one year low of $78.72 and a one year high of $156.85.

XPO (NYSE:XPO) last released its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.89 by $0.13. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. The firm’s revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the business earned $0.88 earnings per share. On average, research analysts forecast that XPO, Inc. will post 3.62 EPS for the current 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.