XPO (NYSE:XPO) Director Allison Landry Sells 3,250 Shares

by · The Cerbat Gem

XPO, Inc. (NYSE:XPO – Get Free Report) Director Allison Landry sold 3,250 shares of the stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $135.04, for a total transaction of $438,880.00. Following the completion of the transaction, the director owned 5,875 shares of the company’s stock, valued at approximately $793,360. The trade was a 35.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

XPO Stock Down 3.0%

Shares of XPO stock opened at $130.40 on Friday. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.01 and a quick ratio of 1.02. The company has a 50-day moving average of $129.48 and a 200 day moving average of $118.40. The firm has a market cap of $15.36 billion, a price-to-earnings ratio of 45.12, a PEG ratio of 2.60 and a beta of 1.96. XPO, Inc. has a 1 year low of $85.06 and a 1 year high of $161.00.

XPO (NYSE:XPO – Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The transportation company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.06. The company had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.05 billion. XPO had a net margin of 4.32% and a return on equity of 26.48%. XPO’s quarterly revenue was up .0% compared to the same quarter last year. During the same period last year, the business earned $1.12 EPS. As a group, sell-side analysts anticipate that XPO, Inc. will post 4.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on XPO shares. TD Cowen cut their price objective on shares of XPO from $136.00 to $133.00 and set a “buy” rating on the stock in a research report on Friday, June 27th. Bank of America increased their price objective on shares of XPO from $139.00 to $150.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Truist Financial increased their price objective on shares of XPO from $125.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, June 30th. Stifel Nicolaus cut their price objective on shares of XPO from $145.00 to $136.00 and set a “buy” rating on the stock in a research report on Friday, August 1st. Finally, Benchmark increased their price objective on shares of XPO from $130.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, July 15th. Nineteen investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, XPO presently has a consensus rating of “Moderate Buy” and an average target price of $138.00.

Read Our Latest Stock Report on XPO

Hedge Funds Weigh In On XPO

A number of institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC boosted its holdings in shares of XPO by 4.4% in the second quarter. GAMMA Investing LLC now owns 1,860 shares of the transportation company’s stock worth $235,000 after buying an additional 78 shares during the last quarter. Scientech Research LLC boosted its holdings in shares of XPO by 0.9% in the fourth quarter. Scientech Research LLC now owns 9,843 shares of the transportation company’s stock worth $1,291,000 after buying an additional 84 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of XPO by 35.8% in the second quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company’s stock worth $42,000 after buying an additional 88 shares during the last quarter. Securian Asset Management Inc. boosted its holdings in shares of XPO by 1.1% in the second quarter. Securian Asset Management Inc. now owns 9,004 shares of the transportation company’s stock worth $1,137,000 after buying an additional 100 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of XPO by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,501 shares of the transportation company’s stock worth $2,033,000 after buying an additional 111 shares during the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Company Profile

(Get Free Report)

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.

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