Groupama Asset Managment Sells 7,329 Shares of XPO, Inc. $XPO

Groupama Asset Managment decreased its position in XPO, Inc. (NYSE:XPO) by 1.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 648,476 shares of the transportation company’s stock after selling 7,329 shares during the quarter. XPO comprises approximately 1.3% of Groupama Asset Managment’s investment portfolio, making the stock its 19th biggest position. Groupama Asset Managment owned about 0.55% of XPO worth $88,134,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of XPO. Toth Financial Advisory Corp increased its holdings in shares of XPO by 100.0% during the fourth quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company’s stock worth $27,000 after purchasing an additional 100 shares during the period. Elyxium Wealth LLC acquired a new position in XPO in the 4th quarter valued at approximately $28,000. Torren Management LLC acquired a new stake in shares of XPO in the fourth quarter valued at about $37,000. Horizon Investments LLC bought a new position in XPO during the third quarter worth $39,000. Finally, International Assets Investment Management LLC bought a new stake in XPO in the fourth quarter worth approximately $41,000. 97.73% of the stock is owned by institutional investors.

Insider Transactions at XPO

In other XPO news, Director Allison Landry sold 2,400 shares of XPO stock in a transaction on Thursday, May 28th. The stock was 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 approximately $1,045,492.89. The trade was a 33.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.87% of the company’s stock.

XPO Trading Down 1.1%

XPO opened at $199.56 on Friday. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99. XPO, Inc. has a one year low of $116.68 and a one year high of $232.05. The firm has a market capitalization of $23.43 billion, a price-to-earnings ratio of 68.34, a PEG ratio of 2.34 and a beta of 1.83. The business has a 50 day simple moving average of $213.75 and a two-hundred day simple moving average of $185.77.

XPO (NYSE:XPO) last announced its earnings results on Thursday, April 30th. The transportation company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.12. The firm had revenue of $2.10 billion for 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%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.73 EPS. Analysts predict that XPO, Inc. will post 4.85 EPS for the current year.

Analyst Upgrades and Downgrades

XPO has been the topic of a number of research reports. Jefferies Financial Group upped their price target on XPO to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $220.00 price objective on shares of XPO in a research report on Thursday, April 30th. Susquehanna lifted their price objective on shares of XPO from $210.00 to $212.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. Weiss Ratings upgraded shares of XPO from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. raised their target price on shares of XPO from $208.00 to $210.00 and gave the company an “overweight” rating in a research note on Monday, June 8th. Two investment 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $218.10.

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.