WINTON GROUP Ltd Invests $4.76 Million in XPO, Inc. $XPO

WINTON GROUP Ltd acquired a new position in shares of XPO, Inc. (NYSE:XPO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,010 shares of the transportation company’s stock, valued at approximately $4,758,000.

Several other large investors have also added to or reduced their stakes in the business. Primecap Management Co. CA lifted its stake in XPO by 6.3% in the third quarter. Primecap Management Co. CA now owns 587,534 shares of the transportation company’s stock valued at $75,951,000 after acquiring an additional 35,050 shares during the last quarter. Compass Wealth Management LLC acquired a new stake in shares of XPO during the 3rd quarter worth about $29,997,000. Econ Financial Services Corp acquired a new stake in shares of XPO during the 4th quarter worth about $1,837,000. Citigroup Inc. increased its position in XPO by 694.2% during the third quarter. Citigroup Inc. now owns 161,906 shares of the transportation company’s stock worth $20,930,000 after acquiring an additional 141,521 shares during the period. Finally, Calamos Advisors LLC increased its position in XPO by 247.8% during the fourth quarter. Calamos Advisors LLC now owns 13,973 shares of the transportation company’s stock worth $1,899,000 after acquiring an additional 9,956 shares during the period. Institutional investors and hedge funds own 97.73% of the company’s stock.

Insider Buying and Selling at XPO

In other XPO news, Director Allison Landry sold 2,400 shares of the 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 transaction, the director directly owned 4,849 shares in the company, valued at $1,045,492.89. This trade represents a 33.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.87% of the company’s stock.

Wall Street Analysts Forecast Growth

XPO has been the topic of several recent analyst reports. Barclays raised their target price on shares of XPO from $195.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Weiss Ratings raised shares of XPO from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Jefferies Financial Group boosted their target price on shares of XPO to $275.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Evercore set a $222.00 price target on shares of XPO in a research report on Friday, May 1st. Finally, Morgan Stanley set a $105.00 price target on shares of XPO and gave the stock an “underweight” rating in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $216.95.

XPO Price Performance

Shares of NYSE:XPO opened at $219.07 on Friday. The company’s 50-day moving average is $209.88 and its 200 day moving average is $180.13. 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 company has a market capitalization of $25.72 billion, a P/E ratio of 75.02, a price-to-earnings-growth ratio of 2.56 and a beta of 1.83. XPO, Inc. has a fifty-two week low of $116.68 and a fifty-two week high of $231.46.

XPO (NYSE:XPO) last released its quarterly earnings data on Thursday, April 30th. The transportation company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.89 by $0.12. The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.04 billion. XPO had a net margin of 4.19% and a return on equity of 26.21%. The company’s revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.73 earnings per share. On average, equities research analysts forecast that XPO, Inc. will post 4.84 earnings per share for the current year.

XPO 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.