Coldstream Capital Management Inc. Purchases 107 Shares of XPO, Inc. (NYSE:XPO)

Coldstream Capital Management Inc. raised its position in XPO, Inc. (NYSE:XPO) by 5.0% in the 3rd quarter, Holdings Channel reports. The firm owned 2,239 shares of the transportation company’s stock after buying an additional 107 shares during the quarter. Coldstream Capital Management Inc.’s holdings in XPO were worth $245,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Stifel Financial Corp grew its holdings in shares of XPO by 159.1% during the third quarter. Stifel Financial Corp now owns 70,407 shares of the transportation company’s stock worth $7,569,000 after purchasing an additional 43,237 shares in the last quarter. Traynor Capital Management Inc. grew its stake in XPO by 125.2% in the 3rd quarter. Traynor Capital Management Inc. now owns 24,142 shares of the transportation company’s stock worth $2,596,000 after buying an additional 13,422 shares in the last quarter. PCJ Investment Counsel Ltd. grew its stake in XPO by 36.2% in the 3rd quarter. PCJ Investment Counsel Ltd. now owns 40,410 shares of the transportation company’s stock worth $4,344,000 after buying an additional 10,740 shares in the last quarter. Whalen Wealth Management Inc. bought a new position in shares of XPO in the 3rd quarter worth $706,000. Finally, Westwood Holdings Group Inc. raised its position in shares of XPO by 38.6% during the 2nd quarter. Westwood Holdings Group Inc. now owns 205,196 shares of the transportation company’s stock valued at $21,782,000 after buying an additional 57,192 shares in the last quarter. 97.73% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on XPO. TD Cowen upped their target price on shares of XPO from $137.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Wells Fargo & Company increased their price objective on XPO from $119.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st. Evercore ISI dropped their target price on XPO from $129.00 to $125.00 and set an “outperform” rating for the company in a research report on Thursday, October 3rd. Stephens reiterated an “overweight” rating and set a $165.00 price target on shares of XPO in a research report on Wednesday, December 4th. Finally, Citigroup lifted their price target on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Two equities research analysts have rated the stock with a sell rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat.com, XPO presently has an average rating of “Moderate Buy” and a consensus target price of $147.31.

XPO Stock Up 1.2 %

NYSE XPO opened at $158.23 on Tuesday. The business’s 50-day moving average is $137.73 and its 200 day moving average is $119.82. The stock has a market capitalization of $18.42 billion, a PE ratio of 51.21, a PEG ratio of 2.37 and a beta of 2.08. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06. XPO, Inc. has a 1 year low of $80.26 and a 1 year high of $159.65.

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