Aureus Asset Management LLC Makes New $1.08 Million Investment in XPO, Inc. (NYSE:XPO)

Aureus Asset Management LLC purchased a new position in XPO, Inc. (NYSE:XPO) during the third quarter, HoldingsChannel reports. The institutional investor purchased 10,000 shares of the transportation company’s stock, valued at approximately $1,075,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. ORG Wealth Partners LLC acquired a new position in shares of XPO in the 3rd quarter valued at about $25,000. Blue Trust Inc. lifted its stake in shares of XPO by 25,800.0% in 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 in the last quarter. Quest Partners LLC acquired a new position in shares of XPO in the 2nd quarter valued at about $28,000. International Assets Investment Management LLC acquired a new position in shares of XPO in the 2nd quarter valued at about $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of XPO in the 2nd quarter valued at about $37,000. 97.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on XPO. Stephens reaffirmed an “overweight” rating and issued a $150.00 price objective on shares of XPO in a research note on Thursday, September 5th. Barclays raised their target price on XPO from $150.00 to $170.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Susquehanna raised their target price on XPO from $145.00 to $160.00 and gave the company a “positive” rating in a report on Wednesday, September 18th. Citigroup raised their target price on XPO from $155.00 to $179.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Finally, Benchmark reiterated a “buy” rating and set a $140.00 target price on shares of XPO in a report on Thursday, September 19th. Two research analysts have rated the stock with a sell rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, XPO has an average rating of “Moderate Buy” and a consensus target price of $141.13.

XPO Price Performance

XPO stock opened at $152.41 on Monday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04. XPO, Inc. has a 52-week low of $78.72 and a 52-week high of $156.85. The stock’s 50 day moving average is $127.72 and its two-hundred day moving average is $116.20. The company has a market capitalization of $17.74 billion, a PE ratio of 49.32, a P/E/G ratio of 2.29 and a beta of 2.07.

XPO (NYSE:XPO) last posted its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.13. The company had revenue of $2.05 billion for 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%. XPO’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.88 EPS. Analysts predict that XPO, Inc. will post 3.62 earnings per share for the current fiscal year.

XPO Company 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.