Richardson Financial Services Inc. Has $129,000 Stock Position in XPO, Inc. (NYSE:XPO)

Richardson Financial Services Inc. boosted its stake in XPO, Inc. (NYSE:XPO) by 48.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 974 shares of the transportation company’s stock after acquiring an additional 320 shares during the period. Richardson Financial Services Inc.’s holdings in XPO were worth $129,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. ORG Wealth Partners LLC bought a new stake in shares of XPO during the 3rd quarter valued at about $25,000. Versant Capital Management Inc acquired a new position in XPO in the fourth quarter valued at approximately $29,000. UMB Bank n.a. boosted its holdings in shares of XPO by 356.6% during the 3rd quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock worth $49,000 after buying an additional 353 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of XPO during the 3rd quarter worth approximately $57,000. Finally, Future Financial Wealth Managment LLC bought a new stake in shares of XPO in the 3rd quarter valued at $78,000. Institutional investors and hedge funds own 97.73% of the company’s stock.

XPO Stock Performance

Shares of XPO stock opened at $133.77 on Monday. The business’s fifty day simple moving average is $142.48 and its 200 day simple moving average is $127.15. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.04. XPO, Inc. has a 12 month low of $82.78 and a 12 month high of $161.00. The firm has a market capitalization of $15.57 billion, a P/E ratio of 43.29, a price-to-earnings-growth ratio of 1.78 and a beta of 2.11.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Citigroup raised their price target on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Wells Fargo & Company reduced their target price on XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. The Goldman Sachs Group upped their price target on XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Oppenheimer raised their price objective on XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Finally, Barclays lowered their target price on XPO from $170.00 to $165.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $151.06.

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.