Middleton & Co. Inc. MA Has $1.08 Million Stock Holdings in XPO, Inc. (NYSE:XPO)

Middleton & Co. Inc. MA lessened its holdings in shares of XPO, Inc. (NYSE:XPO) by 2.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 8,225 shares of the transportation company’s stock after selling 205 shares during the period. Middleton & Co. Inc. MA’s holdings in XPO were worth $1,079,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. D1 Capital Partners L.P. boosted its position in shares of XPO by 84.2% during the third quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock worth $506,484,000 after purchasing an additional 2,153,042 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of XPO during the fourth quarter worth $163,938,000. Life Planning Partners Inc lifted its position in XPO by 12,923.2% in the 4th quarter. Life Planning Partners Inc now owns 837,393 shares of the transportation company’s stock valued at $109,824,000 after acquiring an additional 830,963 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in XPO by 239.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 553,305 shares of the transportation company’s stock valued at $59,486,000 after acquiring an additional 390,320 shares in the last quarter. Finally, Holocene Advisors LP lifted its position in XPO by 61.2% in the 3rd quarter. Holocene Advisors LP now owns 683,931 shares of the transportation company’s stock valued at $73,529,000 after acquiring an additional 259,727 shares in the last quarter. Institutional investors and hedge funds own 97.73% of the company’s stock.

Analyst Upgrades and Downgrades

XPO has been the topic of several research reports. Benchmark boosted their price objective on shares of XPO from $155.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Stifel Nicolaus raised shares of XPO from a “hold” rating to a “buy” rating and set a $147.00 price target on the stock in a research report on Monday, February 24th. Oppenheimer boosted their price target on shares of XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. Stephens reissued an “overweight” rating and set a $165.00 price target on shares of XPO in a research report on Wednesday, December 4th. Finally, Raymond James cut their price target on shares of XPO from $170.00 to $165.00 and set an “outperform” rating on the stock in a research report on Friday, February 7th. Sixteen research analysts have rated the stock with a buy rating, According to MarketBeat.com, XPO presently has an average rating of “Buy” and a consensus price target of $161.13.

XPO Stock Up 2.0 %

XPO stock opened at $122.90 on Friday. The firm has a market capitalization of $14.41 billion, a PE ratio of 38.05, a P/E/G ratio of 1.79 and a beta of 2.12. The company’s 50-day moving average is $135.88 and its 200-day moving average is $130.35. XPO, Inc. has a fifty-two week low of $97.03 and a fifty-two week high of $161.00. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.06 and a quick ratio of 1.06.

XPO (NYSE:XPO) last announced its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. Sell-side analysts anticipate that XPO, Inc. will post 4.15 earnings per share 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.