XPO, Inc. (NYSE:XPO) Stock Holdings Lifted by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC increased its holdings in XPO, Inc. (NYSE:XPO) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,517 shares of the transportation company’s stock after acquiring an additional 280 shares during the period. Gilman Hill Asset Management LLC’s holdings in XPO were worth $4,789,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in XPO by 32.3% during the second quarter. Envestnet Asset Management Inc. now owns 74,489 shares of the transportation company’s stock worth $7,907,000 after buying an additional 18,186 shares during the last quarter. Renaissance Technologies LLC acquired a new position in XPO in the second quarter worth $16,540,000. Mercer Global Advisors Inc. ADV grew its stake in shares of XPO by 43.4% during the second quarter. Mercer Global Advisors Inc. ADV now owns 6,197 shares of the transportation company’s stock valued at $658,000 after purchasing an additional 1,877 shares during the last quarter. Hsbc Holdings PLC boosted its position in XPO by 595.5% in the 2nd quarter. Hsbc Holdings PLC now owns 25,565 shares of the transportation company’s stock valued at $2,718,000 after buying an additional 21,889 shares during the last quarter. Finally, MQS Management LLC acquired a new stake in XPO in the second quarter worth about $238,000. 97.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on XPO. Barclays cut their price target on XPO from $170.00 to $165.00 and set an “overweight” rating on the stock in a research note on Friday. Wells Fargo & Company decreased their target price on shares of XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. 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. Oppenheimer increased their price target on XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Finally, Jefferies Financial Group increased their target price on XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $149.71.

XPO Stock Performance

NYSE XPO opened at $137.82 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.04. The company has a fifty day simple moving average of $144.69 and a 200 day simple moving average of $125.16. The company has a market cap of $16.04 billion, a P/E ratio of 44.60, a PEG ratio of 1.70 and a beta of 2.11. XPO, Inc. has a 12-month low of $81.19 and a 12-month high of $161.00.

XPO (NYSE:XPO) last issued its quarterly earnings data 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. The business had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.02 billion. XPO had a return on equity of 31.16% and a net margin of 4.57%. The business’s revenue was up 3.7% on a year-over-year basis. During the same period last year, the business earned $0.88 EPS. Sell-side analysts predict that XPO, Inc. will post 3.6 earnings per share for the current fiscal year.

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.