Virtu Financial LLC Takes Position in XPO, Inc. $XPO

Virtu Financial LLC bought a new stake in shares of XPO, Inc. (NYSE:XPO) in the 4th quarter, Holdings Channel.com reports. The firm bought 16,298 shares of the transportation company’s stock, valued at approximately $2,215,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Toth Financial Advisory Corp lifted its position in XPO by 100.0% in the fourth quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Elyxium Wealth LLC bought a new position in shares of XPO in the fourth quarter worth approximately $28,000. Torren Management LLC purchased a new position in shares of XPO in the fourth quarter worth $37,000. International Assets Investment Management LLC purchased a new position in shares of XPO in the fourth quarter worth $41,000. Finally, Horizon Investments LLC bought a new stake in XPO during the 3rd quarter valued at $39,000. 97.73% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other XPO news, Director Allison Landry sold 2,400 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $215.61, for a total value of $517,464.00. Following the completion of the transaction, the director directly owned 4,849 shares in the company, valued at approximately $1,045,492.89. This represents a 33.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.87% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Weiss Ratings raised shares of XPO from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Oppenheimer boosted their price objective on shares of XPO from $228.00 to $236.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Susquehanna boosted their price objective on shares of XPO from $210.00 to $212.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. Evercore set a $222.00 price objective on shares of XPO in a research note on Friday, May 1st. Finally, Barclays increased their target price on shares of XPO from $195.00 to $250.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $218.10.

XPO Price Performance

Shares of XPO stock opened at $199.56 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a market cap of $23.43 billion, a PE ratio of 68.34, a P/E/G ratio of 2.32 and a beta of 1.83. The business has a 50 day moving average of $213.50 and a 200 day moving average of $185.87. XPO, Inc. has a 52 week low of $116.68 and a 52 week high of $232.05.

XPO (NYSE:XPO) last announced its quarterly earnings results on Thursday, April 30th. The transportation company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.12. The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.04 billion. XPO had a return on equity of 26.21% and a net margin of 4.19%.The firm’s revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.73 earnings per share. As a group, equities research analysts forecast that XPO, Inc. will post 4.85 earnings per share for the current year.

XPO Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.