Resources Management Corp CT ADV Grows Stock Holdings in XPO, Inc. $XPO

Resources Management Corp CT ADV raised its stake in XPO, Inc. (NYSE:XPO) by 631.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,532 shares of the transportation company’s stock after buying an additional 8,229 shares during the period. Resources Management Corp CT ADV’s holdings in XPO were worth $1,295,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp boosted its position in XPO by 100.0% in the 4th quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company’s stock valued at $27,000 after buying an additional 100 shares during the period. Elyxium Wealth LLC purchased a new stake in XPO in the 4th quarter valued at about $28,000. Torren Management LLC purchased a new stake in XPO in the 4th quarter valued at about $37,000. International Assets Investment Management LLC purchased a new stake in XPO in the 4th quarter valued at about $41,000. Finally, Horizon Investments LLC purchased a new stake in XPO in the 3rd quarter valued at about $39,000. 97.73% of the stock is owned by hedge funds and other institutional investors.

XPO Price Performance

Shares of XPO opened at $227.88 on Monday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a market capitalization of $26.76 billion, a PE ratio of 78.04, a PEG ratio of 2.65 and a beta of 1.83. The company has a 50 day moving average price of $213.19 and a 200-day moving average price of $183.87. XPO, Inc. has a fifty-two week low of $116.68 and a fifty-two week high of $232.05.

XPO (NYSE:XPO) last posted its quarterly earnings data on Thursday, April 30th. The transportation company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.89 by $0.12. The firm had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.04 billion. XPO had a net margin of 4.19% and a return on equity of 26.21%. XPO’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.73 EPS. Equities analysts predict that XPO, Inc. will post 4.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on XPO. Citigroup boosted their price objective on shares of XPO from $207.00 to $221.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Jefferies Financial Group boosted their price objective on shares of XPO to $275.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Raymond James Financial reissued an “outperform” rating and issued a $233.00 price objective on shares of XPO in a research report on Friday, May 1st. Susquehanna boosted their price objective on shares of XPO from $210.00 to $212.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. Finally, Benchmark upped their price target on shares of XPO from $220.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, XPO currently has a consensus rating of “Moderate Buy” and a consensus target price of $217.38.

Insider Activity at XPO

In related news, Director Allison Landry sold 2,400 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $215.61, for a total transaction of $517,464.00. Following the completion of the transaction, the director owned 4,849 shares in the company, valued at $1,045,492.89. The trade was a 33.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.87% of the stock is currently owned by company insiders.

XPO Company Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.