One Madison Group LLC Purchases 73,373 Shares of XPO, Inc. $XPO

One Madison Group LLC raised its position in shares of XPO, Inc. (NYSE:XPO) by 21.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 410,000 shares of the transportation company’s stock after purchasing an additional 73,373 shares during the period. XPO accounts for approximately 5.5% of One Madison Group LLC’s holdings, making the stock its 6th biggest position. One Madison Group LLC owned approximately 0.35% of XPO worth $51,779,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Invesco Ltd. raised its holdings in shares of XPO by 306.9% during the second quarter. Invesco Ltd. now owns 5,231,447 shares of the transportation company’s stock valued at $660,679,000 after buying an additional 3,945,683 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its stake in XPO by 17.4% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,073,352 shares of the transportation company’s stock valued at $223,052,000 after acquiring an additional 306,928 shares in the last quarter. Durable Capital Partners LP raised its stake in XPO by 246.4% during the 1st quarter. Durable Capital Partners LP now owns 2,005,297 shares of the transportation company’s stock valued at $215,730,000 after acquiring an additional 1,426,394 shares in the last quarter. Findlay Park Partners LLP boosted its position in XPO by 11.6% during the 1st quarter. Findlay Park Partners LLP now owns 1,572,500 shares of the transportation company’s stock worth $169,170,000 after acquiring an additional 163,300 shares during the period. Finally, Norges Bank bought a new position in shares of XPO in the second quarter worth $168,840,000. Institutional investors own 97.73% of the company’s stock.

Analyst Upgrades and Downgrades

XPO has been the topic of a number of recent analyst reports. Barclays lifted their price objective on shares of XPO from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, November 17th. Evercore ISI boosted their price target on shares of XPO from $141.00 to $151.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Rothschild & Co Redburn assumed coverage on shares of XPO in a report on Wednesday, November 26th. They issued a “buy” rating and a $156.00 price objective for the company. Redburn Partners set a $156.00 price objective on shares of XPO in a research note on Wednesday, November 26th. Finally, Cowen restated a “buy” rating on shares of XPO in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $148.81.

XPO Stock Down 0.1%

XPO stock opened at $150.29 on Friday. The firm has a market cap of $17.64 billion, a PE ratio of 54.06, a P/E/G ratio of 2.98 and a beta of 2.03. XPO, Inc. has a 12 month low of $85.06 and a 12 month high of $161.00. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a 50 day simple moving average of $135.20 and a 200 day simple moving average of $129.93.

XPO (NYSE:XPO) last posted its quarterly earnings results on Tuesday, April 11th. The transportation company reported $0.64 earnings per share (EPS) for the quarter. The company had revenue of ($2,243.00) million for the quarter. XPO had a return on equity of 26.14% and a net margin of 4.13%. Equities research analysts forecast that XPO, Inc. will post 4.15 earnings per share 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.