Lombard Odier Asset Management USA Corp Has $2.22 Million Stock Holdings in XPO, Inc. $XPO

Lombard Odier Asset Management USA Corp boosted its position in shares of XPO, Inc. (NYSE:XPO) by 81.7% in the third quarter, Holdings Channel.com reports. The firm owned 17,133 shares of the transportation company’s stock after purchasing an additional 7,705 shares during the period. Lombard Odier Asset Management USA Corp’s holdings in XPO were worth $2,215,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XPO. Bayforest Capital Ltd increased its position in XPO by 72.8% in the 3rd quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company’s stock worth $25,000 after purchasing an additional 83 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of XPO in the 3rd quarter valued at approximately $32,000. Horizon Investments LLC bought a new stake in shares of XPO in the 3rd quarter valued at approximately $39,000. EverSource Wealth Advisors LLC increased its holdings in XPO by 35.8% in the second quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company’s stock worth $42,000 after buying an additional 88 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. raised its position in XPO by 247.4% during the third quarter. Farmers & Merchants Investments Inc. now owns 337 shares of the transportation company’s stock valued at $44,000 after acquiring an additional 240 shares in the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. TD Cowen reiterated a “buy” rating on shares of XPO in a research note on Friday, February 6th. Wells Fargo & Company increased their price target on shares of XPO from $147.00 to $205.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. Weiss Ratings restated a “hold (c)” rating on shares of XPO in a report on Wednesday, January 21st. The Goldman Sachs Group reiterated a “buy” rating and issued a $180.00 price objective on shares of XPO in a report on Thursday, February 5th. Finally, Citigroup increased their target price on shares of XPO from $167.00 to $205.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $182.14.

XPO Trading Up 2.1%

Shares of XPO stock opened at $185.46 on Tuesday. XPO, Inc. has a 12 month low of $85.06 and a 12 month high of $220.50. The company has a market cap of $21.73 billion, a PE ratio of 69.98, a price-to-earnings-growth ratio of 2.35 and a beta of 1.93. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.75. The business’s 50 day moving average is $178.42 and its two-hundred day moving average is $150.29.

XPO (NYSE:XPO) last issued its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.12. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.95 billion. XPO had a net margin of 3.87% and a return on equity of 25.07%. XPO’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.89 earnings per share. Equities analysts predict that XPO, Inc. will post 4.15 EPS for the current year.

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.