Universal Beteiligungs und Servicegesellschaft mbH Takes $2.53 Million Position in XPO, Inc. (NYSE:XPO)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of XPO, Inc. (NYSE:XPO) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 23,468 shares of the transportation company’s stock, valued at approximately $2,525,000.

Other institutional investors have also recently modified their holdings of the company. LPL Financial LLC increased its stake in XPO by 57.3% in the 4th quarter. LPL Financial LLC now owns 74,250 shares of the transportation company’s stock worth $9,738,000 after purchasing an additional 27,034 shares during the period. Pictet Asset Management Holding SA increased its stake in XPO by 6.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 15,786 shares of the transportation company’s stock worth $2,070,000 after purchasing an additional 1,015 shares during the period. California Public Employees Retirement System increased its stake in XPO by 18.6% in the 4th quarter. California Public Employees Retirement System now owns 179,267 shares of the transportation company’s stock worth $23,511,000 after purchasing an additional 28,084 shares during the period. O Shaughnessy Asset Management LLC increased its stake in XPO by 13.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 7,699 shares of the transportation company’s stock worth $1,010,000 after purchasing an additional 908 shares during the period. Finally, HighPoint Advisor Group LLC increased its stake in XPO by 10.4% in the 4th quarter. HighPoint Advisor Group LLC now owns 1,842 shares of the transportation company’s stock worth $242,000 after purchasing an additional 174 shares during the period. 97.73% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on XPO shares. TD Cowen decreased their price target on XPO from $136.00 to $133.00 and set a “buy” rating on the stock in a research note on Friday, June 27th. Susquehanna lifted their price target on XPO from $138.00 to $145.00 and gave the stock a “positive” rating in a research note on Wednesday, June 18th. Bank of America lifted their price target on XPO from $139.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, July 7th. Truist Financial lifted their price target on XPO from $125.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, June 30th. Finally, Stephens reaffirmed an “overweight” rating and issued a $131.00 price target on shares of XPO in a research note on Thursday, June 5th. One investment analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $141.16.

XPO Trading Down 1.0%

XPO opened at $134.38 on Wednesday. The stock has a market cap of $15.83 billion, a PE ratio of 41.35, a PEG ratio of 2.63 and a beta of 1.93. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 2.03. The business has a 50 day moving average of $125.22 and a 200-day moving average of $120.51. XPO, Inc. has a 52 week low of $85.06 and a 52 week high of $161.00.

XPO (NYSE:XPO) last released its earnings results on Wednesday, April 30th. The transportation company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.08. The company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.98 billion. XPO had a return on equity of 28.27% and a net margin of 4.87%. The firm’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.81 EPS. Equities research analysts predict that XPO, Inc. will post 4.15 earnings per share for the current fiscal year.

XPO 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.