Natixis Advisors LLC Has $8.05 Million Holdings in XPO, Inc. (NYSE:XPO)

Natixis Advisors LLC increased its position in shares of XPO, Inc. (NYSE:XPO) by 42.8% during the fourth quarter, Holdings Channel reports. The fund owned 61,414 shares of the transportation company’s stock after acquiring an additional 18,398 shares during the quarter. Natixis Advisors LLC’s holdings in XPO were worth $8,054,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. D1 Capital Partners L.P. raised its holdings in shares of XPO by 84.2% during the third quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock valued at $506,484,000 after acquiring an additional 2,153,042 shares during the period. State Street Corp raised its holdings in shares of XPO by 1.1% during the third quarter. State Street Corp now owns 3,477,846 shares of the transportation company’s stock valued at $373,903,000 after acquiring an additional 37,486 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of XPO by 0.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company’s stock valued at $165,299,000 after acquiring an additional 10,318 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of XPO during the fourth quarter valued at approximately $163,938,000. Finally, Life Planning Partners Inc increased its stake in XPO by 12,923.2% in the 4th quarter. Life Planning Partners Inc now owns 837,393 shares of the transportation company’s stock valued at $109,824,000 after buying an additional 830,963 shares during the period. Institutional investors and hedge funds own 97.73% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on XPO. Barclays dropped their price objective on shares of XPO from $165.00 to $150.00 and set an “overweight” rating on the stock in a research note on Monday, March 10th. Stephens reiterated an “overweight” rating and issued a $171.00 price objective on shares of XPO in a research note on Wednesday, March 5th. Stifel Nicolaus upgraded shares of XPO from a “hold” rating to a “buy” rating and set a $147.00 price objective on the stock in a research note on Monday, February 24th. UBS Group upped their price objective on shares of XPO from $159.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, Jefferies Financial Group boosted their target price on shares of XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Nineteen analysts have rated the stock with a buy rating, According to data from MarketBeat, XPO currently has a consensus rating of “Buy” and an average target price of $158.47.

Insider Activity at XPO

In related news, COO David J. Bates bought 1,880 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average cost of $106.16 per share, for a total transaction of $199,580.80. Following the purchase, the chief operating officer now directly owns 21,106 shares in the company, valued at $2,240,612.96. This trade represents a 9.78 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.00% of the company’s stock.

XPO Price Performance

NYSE XPO opened at $107.86 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.08. The company has a fifty day simple moving average of $129.06 and a 200 day simple moving average of $129.46. The company has a market cap of $12.65 billion, a P/E ratio of 33.39, a P/E/G ratio of 1.79 and a beta of 2.13. XPO, Inc. has a 1 year low of $97.03 and a 1 year high of $161.00.

XPO (NYSE:XPO) last released its earnings results on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. On average, sell-side analysts predict that XPO, Inc. will post 4.15 EPS for the current year.

About XPO

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.