Y Intercept Hong Kong Ltd Invests $2.10 Million in XPO, Inc. (NYSE:XPO)

Y Intercept Hong Kong Ltd bought a new stake in shares of XPO, Inc. (NYSE:XPO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 16,028 shares of the transportation company’s stock, valued at approximately $2,102,000.

A number of other large investors also recently modified their holdings of the company. Versant Capital Management Inc bought a new position in XPO in the 4th quarter worth $29,000. Brooklyn Investment Group bought a new position in XPO in the 3rd quarter worth $57,000. UMB Bank n.a. boosted its holdings in XPO by 19.0% in the 4th quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock worth $71,000 after buying an additional 86 shares during the period. Continuum Advisory LLC boosted its holdings in XPO by 51.3% in the 3rd quarter. Continuum Advisory LLC now owns 900 shares of the transportation company’s stock worth $97,000 after buying an additional 305 shares during the period. Finally, Richardson Financial Services Inc. boosted its holdings in XPO by 48.9% in the 4th quarter. Richardson Financial Services Inc. now owns 974 shares of the transportation company’s stock worth $129,000 after buying an additional 320 shares during the period. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Stock Down 0.6 %

Shares of NYSE:XPO opened at $123.80 on Tuesday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.08. XPO, Inc. has a 12 month low of $97.03 and a 12 month high of $161.00. The company has a 50-day moving average price of $138.54 and a 200 day moving average price of $130.27. The company has a market cap of $14.51 billion, a price-to-earnings ratio of 38.33, a PEG ratio of 1.79 and a beta of 2.12.

XPO (NYSE:XPO) last announced its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. As a group, equities research analysts predict that XPO, Inc. will post 4.15 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Barclays dropped their target price on shares of XPO from $170.00 to $165.00 and set an “overweight” rating for the company in a report on Friday, January 17th. TD Cowen upped their target price on shares of XPO from $137.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Jefferies Financial Group increased their price objective on shares of XPO from $150.00 to $165.00 and gave the company a “buy” rating in a report on Friday, January 10th. JPMorgan Chase & Co. increased 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. Finally, UBS Group increased their price objective on shares of XPO from $159.00 to $170.00 and gave the company a “buy” rating in a report on Friday, February 7th. Sixteen analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average 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.