Sargent Investment Group LLC Increases Position in XPO, Inc. (NYSE:XPO)

Sargent Investment Group LLC boosted its holdings in shares of XPO, Inc. (NYSE:XPO) by 19.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,042 shares of the transportation company’s stock after acquiring an additional 2,470 shares during the period. Sargent Investment Group LLC’s holdings in XPO were worth $2,041,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of XPO. UMB Bank n.a. lifted its position in XPO by 19.0% in 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. Coldstream Capital Management Inc. boosted its stake in shares of XPO by 5.0% in the 3rd quarter. Coldstream Capital Management Inc. now owns 2,239 shares of the transportation company’s stock valued at $245,000 after buying an additional 107 shares during the period. Greenleaf Trust increased its position in shares of XPO by 5.0% in the 4th quarter. Greenleaf Trust now owns 2,374 shares of the transportation company’s stock valued at $311,000 after purchasing an additional 114 shares during the last quarter. CIBC Asset Management Inc increased its holdings in XPO by 3.6% in the third quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company’s stock valued at $359,000 after buying an additional 116 shares during the last quarter. Finally, Stephens Inc. AR raised its position in shares of XPO by 6.4% during the 3rd quarter. Stephens Inc. AR now owns 2,377 shares of the transportation company’s stock worth $256,000 after acquiring an additional 142 shares in the last quarter. 97.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

XPO has been the topic of several research analyst reports. Citigroup lifted their price target on XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Stifel Nicolaus lifted their target price on XPO from $124.00 to $147.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. Oppenheimer upped their price target on XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. The Goldman Sachs Group lifted their price objective on shares of XPO from $150.00 to $167.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Finally, TD Cowen lifted their target price on shares of XPO from $137.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $151.06.

XPO Price Performance

XPO opened at $131.80 on Wednesday. The stock has a market cap of $15.34 billion, a P/E ratio of 42.65, a P/E/G ratio of 1.75 and a beta of 2.12. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04. The company has a fifty day simple moving average of $142.02 and a 200 day simple moving average of $127.37. XPO, Inc. has a 12 month low of $92.54 and a 12 month high of $161.00.

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.