C M Bidwell & Associates Ltd. Sells 95 Shares of XPO, Inc. (NYSE:XPO)

C M Bidwell & Associates Ltd. lessened its holdings in shares of XPO, Inc. (NYSE:XPO) by 15.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 514 shares of the transportation company’s stock after selling 95 shares during the quarter. C M Bidwell & Associates Ltd.’s holdings in XPO were worth $67,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Versant Capital Management Inc bought a new position in XPO in the 4th quarter worth $29,000. Halbert Hargrove Global Advisors LLC bought a new position in XPO in the fourth quarter worth about $42,000. Cullen Frost Bankers Inc. raised its stake in XPO by 69.1% in the fourth quarter. Cullen Frost Bankers Inc. now owns 318 shares of the transportation company’s stock worth $42,000 after buying an additional 130 shares in the last quarter. Larson Financial Group LLC lifted its holdings in XPO by 25.6% in the fourth quarter. Larson Financial Group LLC now owns 373 shares of the transportation company’s stock worth $49,000 after buying an additional 76 shares during the period. Finally, UMB Bank n.a. boosted its position in XPO by 19.0% during the 4th quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock valued at $71,000 after acquiring an additional 86 shares in the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

Insider Buying and Selling at XPO

In other news, COO David J. Bates acquired 1,880 shares of the business’s stock in a transaction that occurred on 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 acquisition, the chief operating officer now directly owns 21,106 shares of the company’s stock, valued at approximately $2,240,612.96. The trade was a 9.78 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.00% of the company’s stock.

XPO Trading Down 5.2 %

Shares of NYSE:XPO opened at $107.36 on Monday. 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, Inc. has a 1 year low of $97.03 and a 1 year high of $161.00. The company has a market cap of $12.59 billion, a P/E ratio of 33.24, a PEG ratio of 1.79 and a beta of 2.13. The stock’s fifty day moving average price is $125.98 and its 200-day moving average price is $129.96.

XPO (NYSE:XPO) last posted its earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share (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%. Sell-side analysts expect that XPO, Inc. will post 4.15 earnings per share for the current year.

XPO announced that its board has approved a stock buyback plan on Thursday, March 27th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the transportation company to buy up to 5.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

XPO has been the subject of several research reports. Barclays decreased their target price on XPO from $165.00 to $150.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. Jefferies Financial Group raised their price objective on XPO from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Wells Fargo & Company reduced their target price on shares of XPO from $170.00 to $130.00 and set an “overweight” rating on the stock in a research report on Thursday. Oppenheimer lifted their price target on shares of XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of XPO in a research note on Friday, March 7th. They set a “buy” rating and a $156.00 price objective on the stock. Nineteen equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $155.37.

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.