Values First Advisors Inc. Sells 2,398 Shares of XPO, Inc. (NYSE:XPO)

Values First Advisors Inc. cut its holdings in shares of XPO, Inc. (NYSE:XPO) by 36.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,259 shares of the transportation company’s stock after selling 2,398 shares during the period. Values First Advisors Inc.’s holdings in XPO were worth $373,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of XPO. MFN Partners Management LP raised its stake in shares of XPO by 68.4% in the 1st quarter. MFN Partners Management LP now owns 7,200,369 shares of the transportation company’s stock valued at $524,187,000 after purchasing an additional 2,925,000 shares during the period. Deutsche Bank AG increased its position in shares of XPO by 12,894.9% in the third quarter. Deutsche Bank AG now owns 1,304,037 shares of the transportation company’s stock valued at $97,359,000 after acquiring an additional 1,294,002 shares during the last quarter. Norges Bank acquired a new stake in shares of XPO in the fourth quarter valued at about $38,745,000. Balyasny Asset Management L.P. acquired a new stake in shares of XPO in the first quarter valued at about $34,825,000. Finally, BlackRock Inc. increased its position in shares of XPO by 9.9% in the first quarter. BlackRock Inc. now owns 10,049,511 shares of the transportation company’s stock valued at $731,604,000 after acquiring an additional 906,295 shares during the last quarter. Institutional investors and hedge funds own 97.73% of the company’s stock.

XPO Trading Up 1.0 %

NYSE XPO traded up $1.17 on Thursday, reaching $122.09. The company had a trading volume of 1,185,716 shares, compared to its average volume of 1,378,454. The firm has a market cap of $14.18 billion, a price-to-earnings ratio of 75.83, a P/E/G ratio of 2.97 and a beta of 2.19. XPO, Inc. has a fifty-two week low of $29.02 and a fifty-two week high of $129.43. The business has a 50 day moving average of $112.14 and a two-hundred day moving average of $91.44. The company has a debt-to-equity ratio of 2.63, a current ratio of 1.00 and a quick ratio of 1.00.

XPO (NYSE:XPO) last posted its quarterly earnings data on Wednesday, February 7th. The transportation company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.15. The business had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.92 billion. XPO had a return on equity of 29.85% and a net margin of 2.44%. XPO’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.98 earnings per share. Analysts forecast that XPO, Inc. will post 3.45 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on XPO. StockNews.com downgraded XPO from a “hold” rating to a “sell” rating in a research report on Thursday, December 28th. Barclays lifted their price target on XPO from $100.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday, February 8th. The Goldman Sachs Group boosted their price objective on XPO from $98.00 to $126.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Citigroup boosted their price objective on XPO from $100.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Finally, Oppenheimer boosted their price target on XPO from $100.00 to $130.00 and gave the company an “outperform” rating in a research note on Wednesday, February 14th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $105.80.

XPO 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.