Dakota Wealth Management Has $1.48 Million Stake in XPO, Inc. (NYSE:XPO)

Dakota Wealth Management increased its holdings in shares of XPO, Inc. (NYSE:XPO) by 2.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,268 shares of the transportation company’s stock after purchasing an additional 225 shares during the quarter. Dakota Wealth Management’s holdings in XPO were worth $1,478,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. ORG Wealth Partners LLC acquired a new stake in XPO in the third quarter valued at $25,000. Versant Capital Management Inc acquired a new stake in XPO in the fourth quarter valued at $29,000. UMB Bank n.a. lifted its stake in XPO by 356.6% in the third quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock valued at $49,000 after acquiring an additional 353 shares during the last quarter. Brooklyn Investment Group acquired a new stake in XPO in the third quarter valued at $57,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in XPO in the third quarter valued at $78,000. Institutional investors and hedge funds own 97.73% of the company’s stock.

XPO Price Performance

XPO stock opened at $138.77 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04. XPO, Inc. has a 12 month low of $82.78 and a 12 month high of $161.00. The firm has a market cap of $16.15 billion, a P/E ratio of 44.91, a P/E/G ratio of 1.81 and a beta of 2.11. The company’s 50-day moving average price is $143.83 and its two-hundred day moving average price is $125.68.

XPO (NYSE:XPO) last released its 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. XPO had a net margin of 4.57% and a return on equity of 31.16%. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same period last year, the firm earned $0.88 EPS. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. On average, analysts anticipate that XPO, Inc. will post 3.58 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

XPO has been the subject of a number of recent analyst reports. Benchmark increased their price target on shares of XPO from $150.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. JPMorgan Chase & Co. raised their target price on shares of XPO from $146.00 to $160.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th. Wells Fargo & Company cut their target price on shares of XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Jefferies Financial Group raised their target price on shares of XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Finally, Stifel Nicolaus raised their target price on shares of XPO from $124.00 to $147.00 and gave the stock a “hold” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $151.06.

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.