Inceptionr LLC Sells 7,541 Shares of XPO, Inc. (NYSE:XPO)

Inceptionr LLC trimmed its holdings in shares of XPO, Inc. (NYSE:XPO) by 64.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,186 shares of the transportation company’s stock after selling 7,541 shares during the quarter. Inceptionr LLC’s holdings in XPO were worth $549,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. UMB Bank n.a. raised its holdings in XPO by 19.0% in the fourth quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock worth $71,000 after purchasing an additional 86 shares in the last quarter. Coldstream Capital Management Inc. raised its holdings in XPO by 5.0% in 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. Greenleaf Trust raised its holdings in XPO by 5.0% in the fourth quarter. Greenleaf Trust now owns 2,374 shares of the transportation company’s stock worth $311,000 after purchasing an additional 114 shares in the last quarter. CIBC Asset Management Inc raised 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 worth $359,000 after purchasing an additional 116 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in XPO by 16.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 839 shares of the transportation company’s stock worth $110,000 after purchasing an additional 118 shares in the last quarter. 97.73% of the stock is currently owned by institutional investors.

XPO Trading Down 2.7 %

XPO stock opened at $108.07 on Friday. 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 12 month low of $97.03 and a 12 month high of $161.00. The stock’s 50 day simple moving average is $133.88 and its two-hundred day simple moving average is $130.24. The firm has a market cap of $12.67 billion, a PE ratio of 33.46, a P/E/G ratio of 1.79 and a beta of 2.13.

XPO (NYSE:XPO) last released its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.68 by $0.21. XPO had a return on equity of 30.36% and a net margin of 4.81%. Analysts anticipate that XPO, Inc. will post 4.15 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on XPO shares. Jefferies Financial Group boosted their price target on XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Deutsche Bank Aktiengesellschaft started coverage on XPO in a research note on Friday. They set a “buy” rating and a $156.00 price target on the stock. Wells Fargo & Company dropped their price target on XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. JPMorgan Chase & Co. boosted their price target on XPO from $146.00 to $160.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th. Finally, UBS Group boosted their price target on XPO from $159.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Eighteen equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $160.89.

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.