Captrust Financial Advisors Trims Position in XPO, Inc. (NYSE:XPO)

Captrust Financial Advisors lowered its position in shares of XPO, Inc. (NYSE:XPO) by 9.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,485 shares of the transportation company’s stock after selling 605 shares during the quarter. Captrust Financial Advisors’ holdings in XPO were worth $590,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC purchased a new stake in XPO in the third quarter valued at approximately $25,000. Blue Trust Inc. increased its holdings in shares of XPO by 25,800.0% during the 2nd quarter. Blue Trust Inc. now owns 259 shares of the transportation company’s stock worth $27,000 after buying an additional 258 shares during the last quarter. Quest Partners LLC acquired a new stake in shares of XPO during the 2nd quarter worth $28,000. International Assets Investment Management LLC purchased a new position in shares of XPO in the 2nd quarter worth $36,000. Finally, UMB Bank n.a. boosted its holdings in XPO by 356.6% in the third 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 last quarter. 97.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on XPO shares. Stephens restated an “overweight” rating and issued a $165.00 price objective on shares of XPO in a report on Wednesday, December 4th. Susquehanna increased their target price on shares of XPO from $145.00 to $160.00 and gave the stock a “positive” rating in a research report on Wednesday, September 18th. The Goldman Sachs Group reduced their price target on shares of XPO from $139.00 to $136.00 and set a “buy” rating on the stock in a research report on Wednesday, October 9th. Oppenheimer reissued an “outperform” rating and issued a $140.00 price objective on shares of XPO in a research report on Friday, October 4th. Finally, Evercore ISI reduced their target price on shares of XPO from $129.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, October 3rd. Two investment analysts have rated the stock with a sell rating and fifteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $143.13.

XPO Stock Up 2.2 %

XPO stock opened at $158.13 on Thursday. The firm has a market cap of $18.41 billion, a PE ratio of 51.17, a PEG ratio of 2.30 and a beta of 2.08. XPO, Inc. has a 1 year low of $80.26 and a 1 year high of $159.43. The company has a fifty day simple moving average of $134.63 and a 200 day simple moving average of $118.69. 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 (NYSE:XPO) last announced its earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. XPO had a net margin of 4.57% and a return on equity of 31.16%. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter in the previous year, the firm posted $0.88 earnings per share. XPO’s revenue was up 3.7% compared to the same quarter last year. Sell-side analysts anticipate that XPO, Inc. will post 3.62 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.