Dynamic Technology Lab Private Ltd Has $890,000 Stock Position in XPO, Inc. (NYSE:XPO)

Dynamic Technology Lab Private Ltd lifted its holdings in shares of XPO, Inc. (NYSE:XPO) by 7.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,279 shares of the transportation company’s stock after purchasing an additional 576 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in XPO were worth $890,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. ORG Wealth Partners LLC acquired a new stake in shares of XPO in the third quarter valued at about $25,000. Blue Trust Inc. increased its position in XPO by 25,800.0% during the 2nd quarter. Blue Trust Inc. now owns 259 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 258 shares during the period. Quest Partners LLC bought a new position in XPO during the 2nd quarter worth approximately $28,000. International Assets Investment Management LLC bought a new position in XPO during the 2nd quarter worth approximately $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of XPO in the 2nd quarter worth approximately $37,000. Institutional investors own 97.73% of the company’s stock.

XPO Trading Down 0.7 %

XPO opened at $150.31 on Thursday. XPO, Inc. has a fifty-two week low of $78.72 and a fifty-two week high of $156.85. The firm has a market capitalization of $17.50 billion, a PE ratio of 48.64, a P/E/G ratio of 2.28 and a beta of 2.07. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06. The company’s 50-day moving average is $126.23 and its 200 day moving average is $115.62.

XPO (NYSE:XPO) last issued its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.89 by $0.13. The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.02 billion. XPO had a return on equity of 31.16% and a net margin of 4.57%. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.88 earnings per share. As a group, research analysts predict that XPO, Inc. will post 3.62 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on XPO. Citigroup lifted their target price on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Barclays boosted their price objective on XPO from $150.00 to $170.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Wells Fargo & Company raised their target price on XPO from $119.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. Oppenheimer reissued an “outperform” rating and issued a $140.00 price target on shares of XPO in a research note on Friday, October 4th. Finally, The Goldman Sachs Group reduced their price objective on shares of XPO from $139.00 to $136.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. Two research analysts have rated the stock with a sell rating and fifteen have given a buy rating to the company. Based on data from MarketBeat, XPO has an average rating of “Moderate Buy” and an average target price of $141.13.

XPO Profile

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.