XPO, Inc. (NYSE:XPO) Shares Acquired by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. increased its position in XPO, Inc. (NYSE:XPO) by 302.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,275 shares of the transportation company’s stock after purchasing an additional 958 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in XPO were worth $167,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. D1 Capital Partners L.P. lifted its holdings in XPO by 84.2% during the 3rd quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock worth $506,484,000 after buying an additional 2,153,042 shares during the last quarter. State Street Corp lifted its stake in XPO by 1.1% during the third quarter. State Street Corp now owns 3,477,846 shares of the transportation company’s stock worth $373,903,000 after purchasing an additional 37,486 shares during the last quarter. Clearbridge Investments LLC boosted its holdings in XPO by 11.3% in the second quarter. Clearbridge Investments LLC now owns 2,488,210 shares of the transportation company’s stock worth $264,124,000 after purchasing an additional 253,519 shares during the period. Massachusetts Financial Services Co. MA increased its stake in XPO by 0.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company’s stock valued at $165,299,000 after purchasing an additional 10,318 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of XPO by 9.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,500,368 shares of the transportation company’s stock worth $159,243,000 after purchasing an additional 130,322 shares during the period. 97.73% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on XPO shares. Benchmark lifted their price target on shares of XPO from $150.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday. Oppenheimer lifted their target price on XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. 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 report on Tuesday, January 7th. The Goldman Sachs Group boosted their price objective on XPO from $150.00 to $167.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Finally, Stephens reaffirmed an “overweight” rating and issued a $165.00 target price on shares of XPO in a research report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $150.00.

XPO Stock Performance

Shares of NYSE XPO opened at $138.38 on Friday. XPO, Inc. has a 1 year low of $80.26 and a 1 year high of $161.00. 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 stock has a fifty day moving average price of $144.98 and a two-hundred day moving average price of $124.68. The firm has a market cap of $16.11 billion, a P/E ratio of 44.78, a PEG ratio of 1.70 and a beta of 2.11.

XPO (NYSE:XPO) last issued its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.89 by $0.13. The firm had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. XPO’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.88 earnings per share. Research analysts forecast that XPO, Inc. will post 3.6 EPS for the current fiscal year.

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.