SkyOak Wealth LLC Buys New Shares in XPO, Inc. (NYSE:XPO)

SkyOak Wealth LLC purchased a new stake in shares of XPO, Inc. (NYSE:XPO) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 1,625 shares of the transportation company’s stock, valued at approximately $213,000.

Several other large investors have also recently added to or reduced their stakes in the company. Greenleaf Trust increased its position in shares of 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 during the period. Richardson Financial Services Inc. boosted its stake in XPO by 48.9% during the fourth quarter. Richardson Financial Services Inc. now owns 974 shares of the transportation company’s stock worth $129,000 after buying an additional 320 shares in the last quarter. KBC Group NV boosted its stake in XPO by 663.3% during the fourth quarter. KBC Group NV now owns 23,732 shares of the transportation company’s stock worth $3,112,000 after buying an additional 20,623 shares in the last quarter. Blue Trust Inc. increased its holdings in XPO by 79.0% in the 4th quarter. Blue Trust Inc. now owns 2,177 shares of the transportation company’s stock valued at $286,000 after buying an additional 961 shares during the period. Finally, Legacy Financial Group LLC acquired a new position in shares of XPO in the 4th quarter valued at $260,000. Institutional investors and hedge funds own 97.73% of the company’s stock.

Wall Street Analysts Forecast Growth

XPO has been the topic of several recent research reports. Wells Fargo & Company lowered their target price on shares of XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Stifel Nicolaus upped their price objective on XPO from $124.00 to $147.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. TD Cowen raised their target price on XPO from $137.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Susquehanna cut XPO from a “positive” rating to a “neutral” rating and lowered their price target for the company from $160.00 to $155.00 in a research report on Tuesday, January 7th. Finally, Benchmark increased their price objective on XPO from $150.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, XPO currently has a consensus rating of “Moderate Buy” and an average target price of $151.06.

XPO Stock Down 2.0 %

NYSE XPO opened at $133.77 on Monday. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. XPO, Inc. has a 52 week low of $82.78 and a 52 week high of $161.00. The stock has a market capitalization of $15.57 billion, a P/E ratio of 43.29, a price-to-earnings-growth ratio of 1.75 and a beta of 2.12. The stock has a fifty day moving average of $142.48 and a 200-day moving average of $127.15.

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.