Jag Capital Management LLC Grows Stock Holdings in XPO, Inc. (NYSE:XPO)

Jag Capital Management LLC boosted its stake in XPO, Inc. (NYSE:XPO) by 19.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 108,076 shares of the transportation company’s stock after purchasing an additional 17,619 shares during the quarter. XPO comprises approximately 2.0% of Jag Capital Management LLC’s holdings, making the stock its 20th largest holding. Jag Capital Management LLC’s holdings in XPO were worth $14,174,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in XPO. Versant Capital Management Inc purchased a new stake in XPO in the 4th quarter valued at about $29,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of XPO during the fourth quarter worth $42,000. Brooklyn Investment Group purchased a new position in XPO in the third quarter valued at $57,000. UMB Bank n.a. grew its position in shares of XPO by 19.0% in the fourth quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock valued at $71,000 after purchasing an additional 86 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its position in XPO by 16.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 839 shares of the transportation company’s stock worth $110,000 after acquiring an additional 118 shares during the last quarter. 97.73% of the stock is currently owned by institutional investors.

XPO Price Performance

XPO stock opened at $119.70 on Tuesday. XPO, Inc. has a 12-month low of $97.03 and a 12-month high of $161.00. The stock has a market capitalization of $14.03 billion, a P/E ratio of 37.06, a P/E/G ratio of 1.79 and a beta of 2.12. The firm’s 50-day moving average is $135.62 and its two-hundred day moving average is $130.52. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.06 and a quick ratio of 1.06.

XPO (NYSE:XPO) last released its earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share (EPS) for the quarter, topping 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%. Equities analysts predict that XPO, Inc. will post 4.15 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Benchmark boosted their price target on shares of XPO from $155.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Susquehanna upgraded shares of XPO from a “neutral” rating to a “positive” rating and boosted their price target for the stock from $155.00 to $180.00 in a report on Friday, February 7th. UBS Group boosted their price target on shares of XPO from $159.00 to $170.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Oppenheimer boosted their price target on shares of XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Finally, Stephens reiterated an “overweight” rating and set a $165.00 price target on shares of XPO in a report on Wednesday, December 4th. Sixteen equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $161.13.

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.