XPO, Inc. (NYSE:XPO) Shares Sold by Sigma Planning Corp

Sigma Planning Corp cut its holdings in shares of XPO, Inc. (NYSE:XPO) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,012 shares of the transportation company’s stock after selling 1,451 shares during the period. Sigma Planning Corp’s holdings in XPO were worth $2,493,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in XPO. Versant Capital Management Inc purchased a new stake in shares of XPO during the fourth quarter valued at $29,000. Brooklyn Investment Group purchased a new stake in shares of XPO during the third quarter valued at $57,000. UMB Bank n.a. grew its holdings in shares of XPO by 19.0% during the fourth quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock valued at $71,000 after buying an additional 86 shares during the last quarter. Continuum Advisory LLC grew its holdings in shares of XPO by 51.3% during the third quarter. Continuum Advisory LLC now owns 900 shares of the transportation company’s stock valued at $97,000 after buying an additional 305 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of XPO during the third quarter valued at $108,000. 97.73% of the stock is owned by hedge funds and other institutional investors.

XPO Trading Down 5.8 %

Shares of XPO stock opened at $124.70 on Friday. The firm has a 50-day simple moving average of $138.54 and a two-hundred day simple moving average of $130.00. The company has a market cap of $14.62 billion, a P/E ratio of 38.61, a price-to-earnings-growth ratio of 1.79 and a beta of 2.12. XPO, Inc. has a fifty-two week low of $97.03 and a fifty-two week high of $161.00. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06.

XPO (NYSE:XPO) last issued its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. As a group, equities analysts predict that XPO, Inc. will post 4.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Citigroup boosted their price objective on shares of XPO from $155.00 to $179.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. The Goldman Sachs Group upped their price target on shares of XPO from $150.00 to $167.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Susquehanna raised shares of XPO from a “neutral” rating to a “positive” rating and upped their price target for the company from $155.00 to $180.00 in a report on Friday, February 7th. Oppenheimer upped their price target on shares of XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Finally, Wells Fargo & Company lowered their price target on shares of XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, XPO currently has an average rating of “Moderate Buy” and a consensus target price of $161.13.

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.