Fox Run Management L.L.C. Has $1.72 Million Position in XPO, Inc. (NYSE:XPO)

Fox Run Management L.L.C. lifted its holdings in XPO, Inc. (NYSE:XPO) by 55.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 13,118 shares of the transportation company’s stock after purchasing an additional 4,673 shares during the quarter. XPO comprises 0.3% of Fox Run Management L.L.C.’s holdings, making the stock its 28th biggest position. Fox Run Management L.L.C.’s holdings in XPO were worth $1,720,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. D1 Capital Partners L.P. lifted its stake in XPO by 84.2% in 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 buying an additional 2,153,042 shares in the last quarter. State Street Corp lifted its position in XPO by 1.1% in the 3rd 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 in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in XPO by 0.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company’s stock worth $165,299,000 after purchasing an additional 10,318 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in XPO in the 4th quarter worth $163,938,000. Finally, Life Planning Partners Inc increased its holdings in XPO by 12,923.2% during the 4th quarter. Life Planning Partners Inc now owns 837,393 shares of the transportation company’s stock worth $109,824,000 after purchasing an additional 830,963 shares in the last quarter. 97.73% of the stock is owned by institutional investors.

XPO Stock Performance

NYSE XPO opened at $108.49 on Friday. XPO, Inc. has a 52-week low of $97.03 and a 52-week high of $161.00. The stock has a market cap of $12.72 billion, a PE ratio of 33.59, a P/E/G ratio of 1.79 and a beta of 2.13. The firm has a 50-day moving average of $128.54 and a 200-day moving average of $129.42. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06.

XPO (NYSE:XPO) last issued its quarterly earnings data 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 return on equity of 30.36% and a net margin of 4.81%. On average, sell-side analysts anticipate that XPO, Inc. will post 4.15 EPS for the current year.

Analyst Ratings Changes

XPO has been the subject of several recent research reports. Bank of America reduced their price objective on XPO from $170.00 to $150.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th. Barclays reduced their price target on XPO from $165.00 to $150.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. Stephens reaffirmed an “overweight” rating and set a $171.00 price target on shares of XPO in a research note on Wednesday, March 5th. Truist Financial initiated coverage on shares of XPO in a research report on Thursday, March 13th. They issued a “buy” rating and a $130.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of XPO in a report on Friday, March 7th. They set a “buy” rating and a $156.00 target price for the company. Nineteen research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $158.47.

Insider Buying and Selling at XPO

In other XPO news, COO David J. Bates bought 1,880 shares of XPO stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of $106.16 per share, with a total value of $199,580.80. Following the completion of the transaction, the chief operating officer now owns 21,106 shares in the company, valued at $2,240,612.96. The trade was a 9.78 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 2.00% of the company’s stock.

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.