Dimensional Fund Advisors Cuts Stake in XPO as Institutional Investors Boost Holdings

Dimensional Fund Advisors LP reduced its stake in XPO, Inc. (NYSE:XPO) by 6.7% in the first quarter, according to a recent filing with the Securities and Exchange Commission.

The firm owned 1,111,192 shares of XPO's stock after selling 79,703 shares during the period. Dimensional Fund Advisors LP owned 0.95% of XPO worth $216,124,000 at the end of the most recent reporting period.

Other institutional investors have also been buying and selling shares of XPO. Parallel Advisors LLC raised its holdings in XPO by 13.2% in the first quarter, while Swiss National Bank boosted its stake in XPO by 0.9%. Bessemer Group Inc. increased its stake in XPO by 115.9%.

XPO has been the subject of several research analyst reports. Wells Fargo & Company and Barclays both raised their price targets on XPO, with analysts assigning a 'buy' rating to the stock.