Rhumbline Advisers Purchases 988 Shares of XPO, Inc. (NYSE:XPO)

Rhumbline Advisers boosted its position in shares of XPO, Inc. (NYSE:XPO) by 0.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 336,384 shares of the transportation company’s stock after acquiring an additional 988 shares during the period. Rhumbline Advisers’ holdings in XPO were worth $44,117,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in XPO. UMB Bank n.a. boosted its holdings in XPO by 19.0% during the fourth quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock valued at $71,000 after purchasing an additional 86 shares in the last quarter. Coldstream Capital Management Inc. boosted its holdings in XPO by 5.0% during the third quarter. Coldstream Capital Management Inc. now owns 2,239 shares of the transportation company’s stock valued at $245,000 after purchasing an additional 107 shares in the last quarter. Greenleaf Trust boosted its holdings in XPO by 5.0% during the fourth quarter. Greenleaf Trust now owns 2,374 shares of the transportation company’s stock valued at $311,000 after purchasing an additional 114 shares in the last quarter. CIBC Asset Management Inc boosted its holdings in XPO by 3.6% during the third quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company’s stock valued at $359,000 after purchasing an additional 116 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB boosted its holdings in shares of XPO by 13.8% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,138 shares of the transportation company’s stock worth $149,000 after acquiring an additional 138 shares in the last quarter. 97.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on XPO shares. Oppenheimer boosted their target price on XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. UBS Group boosted their target price on XPO from $159.00 to $170.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Citigroup boosted their price objective on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Jefferies Financial Group boosted their price objective on shares of XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Finally, Susquehanna upgraded shares of XPO from a “neutral” rating to a “positive” rating and boosted their price objective for the stock from $155.00 to $180.00 in a research report on Friday, February 7th. One analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat, XPO presently has an average rating of “Moderate Buy” and a consensus price target of $161.13.

XPO Price Performance

Shares of NYSE XPO opened at $145.65 on Tuesday. The firm has a market cap of $17.08 billion, a PE ratio of 45.09, a PEG ratio of 1.93 and a beta of 2.12. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.08. XPO, Inc. has a 1-year low of $97.03 and a 1-year high of $161.00. The company has a fifty day moving average price of $140.46 and a 200 day moving average price of $129.35.

XPO (NYSE:XPO) last announced its earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share for the quarter, topping 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%. Research analysts predict that XPO, Inc. will post 4.16 earnings per share for the current fiscal 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.