Whalen Wealth Management Inc. Decreases Stake in XPO, Inc. (NYSE:XPO)

Whalen Wealth Management Inc. decreased its holdings in XPO, Inc. (NYSE:XPO) by 55.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,904 shares of the transportation company’s stock after selling 3,666 shares during the quarter. Whalen Wealth Management Inc.’s holdings in XPO were worth $381,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the business. UMB Bank n.a. boosted its stake in shares of XPO by 19.0% during the 4th quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock worth $71,000 after acquiring an additional 86 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in XPO by 5.0% during the third quarter. Coldstream Capital Management Inc. now owns 2,239 shares of the transportation company’s stock worth $245,000 after purchasing an additional 107 shares in the last quarter. CIBC Asset Management Inc grew its holdings in XPO by 3.6% in 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 during the last quarter. Stephens Inc. AR increased its position in shares of XPO by 6.4% in the third quarter. Stephens Inc. AR now owns 2,377 shares of the transportation company’s stock valued at $256,000 after buying an additional 142 shares in the last quarter. Finally, PFG Investments LLC raised its stake in shares of XPO by 4.3% during the 3rd quarter. PFG Investments LLC now owns 3,482 shares of the transportation company’s stock worth $374,000 after buying an additional 145 shares during the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Stock Down 1.2 %

NYSE XPO opened at $136.64 on Thursday. 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 fifty-two week low of $82.78 and a fifty-two week high of $161.00. The business has a 50 day moving average price of $143.83 and a two-hundred day moving average price of $125.68. The stock has a market cap of $15.90 billion, a PE ratio of 44.22, a P/E/G ratio of 1.81 and a beta of 2.11.

XPO (NYSE:XPO) last announced its earnings results 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 during the quarter, compared to the consensus estimate of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.88 earnings per share. As a group, sell-side analysts predict that XPO, Inc. will post 3.58 EPS for the current fiscal year.

Wall Street Analyst Weigh In

XPO has been the topic of a number of research reports. JPMorgan Chase & Co. increased their price objective on shares of XPO from $146.00 to $160.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Citigroup raised their price objective on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. TD Cowen upped their target price on XPO from $137.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Benchmark raised their price target on XPO from $150.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Finally, Susquehanna downgraded XPO from a “positive” rating to a “neutral” rating and reduced their price objective for the company from $160.00 to $155.00 in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $149.71.

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.