Allison Landry Sells 2,400 Shares of XPO (NYSE:XPO) Stock

XPO, Inc. (NYSE:XPO) Director Allison Landry sold 2,400 shares of XPO stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $215.61, for a total value of $517,464.00. Following the completion of the sale, the director owned 4,849 shares of the company’s stock, valued at $1,045,492.89. The trade was a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

XPO Price Performance

NYSE XPO opened at $214.42 on Friday. XPO, Inc. has a one year low of $110.78 and a one year high of $231.46. The stock has a 50-day moving average of $206.64 and a 200 day moving average of $177.28. The company has a market capitalization of $25.18 billion, a price-to-earnings ratio of 73.43, a PEG ratio of 2.51 and a beta of 1.87. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99.

XPO (NYSE:XPO) last released 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. XPO had a return on equity of 26.21% and a net margin of 4.19%.The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period last year, the company earned $0.73 EPS. XPO’s revenue for the quarter was up 7.3% on a year-over-year basis. On average, sell-side analysts forecast that XPO, Inc. will post 4.84 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on XPO shares. Citigroup lifted their price objective on XPO from $207.00 to $221.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. TD Cowen boosted their price target on XPO from $192.00 to $224.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Morgan Stanley set a $105.00 price target on XPO and gave the company an “underweight” rating in a research note on Friday, May 1st. BMO Capital Markets set a $230.00 price target on XPO in a research note on Thursday, February 19th. Finally, Zacks Research upgraded XPO from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 12th. One research 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, XPO presently has a consensus rating of “Moderate Buy” and an average price target of $211.24.

Institutional Investors Weigh In On XPO

A number of large investors have recently made changes to their positions in XPO. Amundi grew its stake in shares of XPO by 50.7% during the 1st quarter. Amundi now owns 5,412 shares of the transportation company’s stock valued at $582,000 after purchasing an additional 1,820 shares during the period. AQR Capital Management LLC grew its stake in shares of XPO by 7.6% during the 1st quarter. AQR Capital Management LLC now owns 17,654 shares of the transportation company’s stock valued at $1,856,000 after acquiring an additional 1,243 shares during the period. NewEdge Advisors LLC grew its stake in shares of XPO by 3.2% during the 1st quarter. NewEdge Advisors LLC now owns 11,416 shares of the transportation company’s stock valued at $1,228,000 after acquiring an additional 355 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of XPO by 35.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company’s stock valued at $42,000 after acquiring an additional 88 shares during the period. Finally, Marshall Wace LLP bought a new position in shares of XPO during the 2nd quarter valued at approximately $611,000. 97.73% of the stock is currently owned by institutional investors.

About XPO

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.