Calamos Advisors LLC boosted its position in XPO, Inc. (NYSE:XPO – Free Report) by 42.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 11,817 shares of the transportation company’s stock after purchasing an additional 3,543 shares during the period. Calamos Advisors LLC’s holdings in XPO were worth $1,550,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. ORG Wealth Partners LLC bought a new stake in XPO in the third quarter worth $25,000. Versant Capital Management Inc bought a new stake in shares of XPO in the 4th quarter valued at about $29,000. UMB Bank n.a. boosted its holdings in XPO by 356.6% during the 3rd quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock valued at $49,000 after acquiring an additional 353 shares during the period. Brooklyn Investment Group bought a new position in XPO during the 3rd quarter worth approximately $57,000. Finally, Future Financial Wealth Managment LLC purchased a new position in XPO in the 3rd quarter worth approximately $78,000. 97.73% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on XPO shares. Barclays dropped their price objective on XPO from $170.00 to $165.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. TD Cowen boosted their price objective on shares of XPO from $137.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Susquehanna lowered 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. Benchmark boosted their target price on XPO from $150.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. Finally, Citigroup upped their price objective on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, XPO currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.06.
XPO Stock Performance
Shares of XPO stock opened at $131.80 on Wednesday. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market capitalization of $15.34 billion, a price-to-earnings ratio of 42.65, a price-to-earnings-growth ratio of 1.75 and a beta of 2.12. XPO, Inc. has a one year low of $92.54 and a one year high of $161.00. The company’s 50-day moving average is $142.02 and its 200 day moving average is $127.37.
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.
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