XPO (NYSE:XPO) CFO Kyle Wismans Sells 750 Shares

XPO, Inc. (NYSE:XPO) CFO Kyle Wismans sold 750 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $178.52, for a total value of $133,890.00. Following the transaction, the chief financial officer directly owned 48,716 shares in the company, valued at approximately $8,696,780.32. This trade represents a 1.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

XPO Stock Down 1.2%

NYSE:XPO traded down $2.10 on Tuesday, hitting $178.39. The stock had a trading volume of 1,023,925 shares, compared to its average volume of 1,450,542. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.55. XPO, Inc. has a 52 week low of $121.48 and a 52 week high of $232.05. The business’s fifty day moving average is $200.36 and its 200 day moving average is $204.28. The company has a market cap of $20.89 billion, a PE ratio of 52.62, a P/E/G ratio of 1.86 and a beta of 1.85.

XPO (NYSE:XPO) last released its quarterly earnings data on Thursday, July 30th. The transportation company reported $1.70 EPS for the quarter, beating the consensus estimate of $1.48 by $0.22. XPO had a return on equity of 29.64% and a net margin of 4.71%.The firm had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the previous year, the company posted $1.05 earnings per share. The company’s quarterly revenue was up 13.2% on a year-over-year basis. On average, equities research analysts expect that XPO, Inc. will post 5.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

XPO has been the subject of a number of recent research reports. Wells Fargo & Company boosted their price target on shares of XPO from $235.00 to $250.00 and gave the company an “overweight” rating in a research note on Friday, June 5th. Bank of America dropped their price objective on shares of XPO from $248.00 to $228.00 and set a “buy” rating on the stock in a research note on Friday, September 4th. Susquehanna lifted their price objective on shares of XPO from $212.00 to $214.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. Stephens boosted their target price on shares of XPO from $255.00 to $270.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, Citigroup lowered their target price on shares of XPO from $221.00 to $220.00 and set a “neutral” rating on the stock in a report on Tuesday, September 8th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $225.82.

Institutional Investors Weigh In On XPO

Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new position in XPO during the 2nd quarter valued at $2,985,276,000. MFN Partners Management LP purchased a new position in XPO during the 2nd quarter worth $2,026,148,865. Bessemer Group Inc. grew its stake in shares of XPO by 115.9% in the 1st quarter. Bessemer Group Inc. now owns 2,420,899 shares of the transportation company’s stock worth $470,986,000 after acquiring an additional 1,299,480 shares in the last quarter. Clearbridge Investments LLC grew its stake in shares of XPO by 9.7% in the 4th quarter. Clearbridge Investments LLC now owns 2,970,231 shares of the transportation company’s stock worth $403,684,000 after acquiring an additional 261,935 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of XPO by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 2,117,422 shares of the transportation company’s stock worth $287,841,000 after acquiring an additional 22,614 shares in the last quarter. Institutional investors own 97.73% of the company’s stock.

About XPO

XPO, Inc is a transportation and logistics company that provides freight-moving services to businesses in North America and Europe. Its operations are centered on less-than-truckload (LTL) transportation, which consolidates shipments from multiple customers onto individual trucks. The company serves manufacturers, retailers, wholesalers and other commercial customers through a network of terminals, drivers and freight-handling facilities.

In addition to LTL shipping, XPO provides truck brokerage and other transportation-management services, helping customers arrange freight capacity and manage the movement of goods.