Whalen Wealth Management Inc. Lowers Holdings in XPO, Inc. (NYSE:XPO)

Whalen Wealth Management Inc. reduced its holdings in shares of XPO, Inc. (NYSE:XPO) by 55.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,904 shares of the transportation company’s stock after selling 3,666 shares during the period. Whalen Wealth Management Inc.’s holdings in XPO were worth $381,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. ORG Wealth Partners LLC purchased a new stake in shares of XPO during the third quarter worth $25,000. Versant Capital Management Inc acquired a new position in XPO during the 4th quarter worth $29,000. UMB Bank n.a. grew its stake in XPO by 356.6% during the 3rd quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock worth $49,000 after purchasing an additional 353 shares in the last quarter. Brooklyn Investment Group purchased a new stake in XPO during the 3rd quarter worth about $57,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in XPO in the 3rd quarter valued at about $78,000. 97.73% of the stock is currently owned by institutional investors and hedge funds.

XPO Price Performance

XPO stock opened at $136.64 on Thursday. The business has a 50 day simple moving average of $143.83 and a 200-day simple moving average of $125.68. The company has a market capitalization of $15.90 billion, a P/E ratio of 44.22, a PEG ratio of 1.81 and a beta of 2.11. XPO, Inc. has a twelve month low of $82.78 and a twelve month high of $161.00. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.04.

XPO (NYSE:XPO) last released its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. XPO had a return on equity of 31.16% and a net margin of 4.57%. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter last year, the company posted $0.88 earnings per share. The business’s revenue was up 3.7% on a year-over-year basis. As a group, equities analysts anticipate that XPO, Inc. will post 3.58 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Stephens reissued an “overweight” rating and set a $165.00 price objective on shares of XPO in a research report on Wednesday, December 4th. Stifel Nicolaus cut shares of XPO from a “buy” rating to a “hold” rating and lowered their price target for the stock from $131.00 to $124.00 in a report on Wednesday, January 15th. JPMorgan Chase & Co. raised their price objective on shares of XPO from $146.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, December 6th. Susquehanna downgraded shares of XPO from a “positive” rating to a “neutral” rating and lowered their target price for the stock from $160.00 to $155.00 in a research note on Tuesday, January 7th. Finally, Wells Fargo & Company cut their price target on XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $149.71.

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.