XPO, Inc. (NYSE:XPO) Shares Bought by City Holding Co.

City Holding Co. grew its position in XPO, Inc. (NYSE:XPO) by 10.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,185 shares of the transportation company’s stock after purchasing an additional 590 shares during the quarter. City Holding Co.’s holdings in XPO were worth $811,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in XPO. Merit Financial Group LLC acquired a new position in XPO during the 4th quarter valued at about $218,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of XPO by 302.2% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,275 shares of the transportation company’s stock valued at $167,000 after acquiring an additional 958 shares in the last quarter. Grandview Asset Management LLC acquired a new position in shares of XPO during the fourth quarter valued at about $349,000. Wedmont Private Capital acquired a new stake in XPO in the 4th quarter worth approximately $261,000. Finally, Hudson Valley Investment Advisors Inc. ADV purchased a new stake in XPO during the 4th quarter worth approximately $262,000. 97.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

XPO has been the subject of a number of research analyst reports. The Goldman Sachs Group raised their price target on shares of XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Stifel Nicolaus cut 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 research report on Wednesday, January 15th. Jefferies Financial Group raised their price objective on XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Benchmark upped their target price on XPO from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. Finally, Evercore ISI cut their price target on shares of XPO from $129.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, October 3rd. One analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $149.71.

XPO Stock Down 0.5 %

XPO stock opened at $137.82 on Tuesday. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market capitalization of $16.04 billion, a PE ratio of 44.60, a price-to-earnings-growth ratio of 1.70 and a beta of 2.11. The business has a 50 day simple moving average of $144.69 and a 200-day simple moving average of $125.16. XPO, Inc. has a 12 month low of $81.19 and a 12 month high of $161.00.

XPO (NYSE:XPO) last issued its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.89 by $0.13. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. The firm’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.88 EPS. On average, analysts anticipate that XPO, Inc. will post 3.6 EPS for the current fiscal year.

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.