Dakota Wealth Management Acquires 225 Shares of XPO, Inc. (NYSE:XPO)

Dakota Wealth Management lifted its holdings in shares of XPO, Inc. (NYSE:XPO) by 2.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 11,268 shares of the transportation company’s stock after acquiring an additional 225 shares during the period. Dakota Wealth Management’s holdings in XPO were worth $1,478,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XPO. ORG Wealth Partners LLC bought a new position in shares of XPO during the 3rd quarter worth about $25,000. Versant Capital Management Inc bought a new position in shares of XPO during the 4th quarter worth about $29,000. UMB Bank n.a. lifted its holdings in shares of XPO by 356.6% during the 3rd quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock worth $49,000 after acquiring an additional 353 shares during the period. Brooklyn Investment Group bought a new position in XPO during the 3rd quarter valued at about $57,000. Finally, Future Financial Wealth Managment LLC bought a new position in XPO during the 3rd quarter valued at about $78,000. 97.73% of the stock is owned by institutional investors.

XPO Stock Up 1.5 %

Shares of NYSE XPO opened at $138.77 on Friday. The stock has a market cap of $16.15 billion, a P/E ratio of 44.91, a P/E/G ratio of 1.81 and a beta of 2.11. The firm has a 50 day moving average price of $143.83 and a 200 day moving average price of $125.68. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. XPO, Inc. has a 52-week low of $82.78 and a 52-week high of $161.00.

XPO (NYSE:XPO) last issued its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The firm had revenue of $2.05 billion during 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%. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.88 earnings per share. Analysts expect that XPO, Inc. will post 3.58 EPS for the current year.

Analyst Ratings Changes

XPO has been the subject of several analyst reports. Barclays cut their price target on shares of XPO from $170.00 to $165.00 and set an “overweight” rating for the company in a report on Friday, January 17th. Stifel Nicolaus lifted their price target on shares of XPO from $124.00 to $147.00 and gave the company a “hold” rating in a report on Thursday. TD Cowen lifted their price target on shares of XPO from $137.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Stephens reissued an “overweight” rating and set a $165.00 price target on shares of XPO in a report on Wednesday, December 4th. Finally, 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, January 15th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $151.06.

About XPO

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.