TD Asset Management Inc Has $28.24 Million Holdings in XPO, Inc. $XPO

TD Asset Management Inc decreased its stake in XPO, Inc. (NYSE:XPO) by 4.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 207,800 shares of the transportation company’s stock after selling 8,600 shares during the period. TD Asset Management Inc’s holdings in XPO were worth $28,242,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of XPO. Allworth Financial LP raised its stake in XPO by 10.1% during the 4th quarter. Allworth Financial LP now owns 810 shares of the transportation company’s stock valued at $110,000 after purchasing an additional 74 shares during the last quarter. Vise Technologies Inc. increased its holdings in shares of XPO by 3.4% during the 3rd quarter. Vise Technologies Inc. now owns 2,301 shares of the transportation company’s stock worth $297,000 after purchasing an additional 76 shares during the period. Signaturefd LLC raised its position in shares of XPO by 9.9% during the fourth quarter. Signaturefd LLC now owns 880 shares of the transportation company’s stock valued at $120,000 after buying an additional 79 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of XPO by 21.6% in the third quarter. Bessemer Group Inc. now owns 490 shares of the transportation company’s stock valued at $63,000 after buying an additional 87 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake 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 valued at $42,000 after buying an additional 88 shares during the period. Institutional investors and hedge funds own 97.73% of the company’s stock.

XPO Trading Up 0.1%

Shares of XPO opened at $219.07 on Monday. XPO, Inc. has a 1 year low of $116.68 and a 1 year high of $231.46. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The stock has a 50 day simple moving average of $209.88 and a 200-day simple moving average of $180.50. The stock has a market cap of $25.72 billion, a PE ratio of 75.02, a PEG ratio of 2.55 and a beta of 1.83.

XPO (NYSE:XPO) last announced its quarterly earnings results on Thursday, April 30th. The transportation company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.89 by $0.12. XPO had a return on equity of 26.21% and a net margin of 4.19%.The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same quarter in the previous year, the firm earned $0.73 EPS. XPO’s quarterly revenue was up 7.3% on a year-over-year basis. On average, sell-side analysts predict that XPO, Inc. will post 4.84 EPS for the current fiscal year.

Analysts Set New Price Targets

XPO has been the subject of several recent research reports. Citigroup upped their price target on XPO from $207.00 to $221.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Weiss Ratings raised XPO from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. JPMorgan Chase & Co. upped their target price on XPO from $189.00 to $201.00 and gave the company an “overweight” rating in a research note on Tuesday, March 10th. Raymond James Financial reaffirmed an “outperform” rating and issued a $233.00 target price on shares of XPO in a research report on Friday, May 1st. Finally, Stifel Nicolaus set a $237.00 price target on shares of XPO in a research note on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, XPO presently has an average rating of “Moderate Buy” and a consensus target price of $216.95.

Insider Activity

In other news, Director Allison Landry sold 2,400 shares of the business’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 sale, the director owned 4,849 shares in the company, valued at approximately $1,045,492.89. The trade was a 33.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.87% of the company’s stock.

XPO Company 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.