Ashton Thomas Private Wealth LLC Sells 129 Shares of XPO, Inc. (NYSE:XPO)

Ashton Thomas Private Wealth LLC lowered its position in XPO, Inc. (NYSE:XPO) by 1.5% during the 4th quarter, Holdings Channel reports. The firm owned 8,731 shares of the transportation company’s stock after selling 129 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in XPO were worth $1,145,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. UMB Bank n.a. lifted its holdings in shares of XPO by 19.0% in the 4th quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock worth $71,000 after buying an additional 86 shares during the period. Coldstream Capital Management Inc. raised its holdings in shares of XPO by 5.0% in the third quarter. Coldstream Capital Management Inc. now owns 2,239 shares of the transportation company’s stock valued at $245,000 after acquiring an additional 107 shares in the last quarter. Greenleaf Trust lifted its stake in XPO by 5.0% in the fourth quarter. Greenleaf Trust now owns 2,374 shares of the transportation company’s stock worth $311,000 after acquiring an additional 114 shares during the period. CIBC Asset Management Inc grew its holdings in XPO by 3.6% during the 3rd quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company’s stock worth $359,000 after acquiring an additional 116 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its position in XPO by 16.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 839 shares of the transportation company’s stock valued at $110,000 after purchasing an additional 118 shares during the period. 97.73% of the stock is currently owned by hedge funds and other institutional investors.

XPO Stock Performance

Shares of XPO stock opened at $108.07 on Monday. The company has a 50 day moving average price of $133.88 and a 200 day moving average price of $130.30. The firm has a market capitalization of $12.67 billion, a P/E ratio of 33.46, a PEG ratio of 1.79 and a beta of 2.13. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.08. XPO, Inc. has a 52 week low of $97.03 and a 52 week high of $161.00.

XPO (NYSE:XPO) last posted its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. Sell-side analysts expect that XPO, Inc. will post 4.15 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on XPO. Stifel Nicolaus raised shares of XPO from a “hold” rating to a “buy” rating and set a $147.00 price target for the company in a research report on Monday, February 24th. The Goldman Sachs Group upped their target price on XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Stephens reaffirmed an “overweight” rating and set a $171.00 target price on shares of XPO in a research report on Wednesday, March 5th. Bank of America reduced their price target on XPO from $170.00 to $150.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on XPO in a research report on Friday. They set a “buy” rating and a $156.00 price objective on the stock. Eighteen equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $160.89.

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.