Advisory Research Inc. reduced its position in XPO Logistics Inc (NYSE:XPO) by 52.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,819 shares of the transportation company’s stock after selling 32,246 shares during the period. Advisory Research Inc.’s holdings in XPO Logistics were worth $2,640,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of XPO. American Century Companies Inc. lifted its holdings in shares of XPO Logistics by 94.6% in the 3rd quarter. American Century Companies Inc. now owns 3,070,080 shares of the transportation company’s stock worth $208,090,000 after purchasing an additional 1,492,525 shares in the last quarter. Mar Vista Investment Partners LLC purchased a new stake in XPO Logistics in the 4th quarter valued at $100,806,000. Victory Capital Management Inc. raised its position in XPO Logistics by 37.7% in the 3rd quarter. Victory Capital Management Inc. now owns 2,205,435 shares of the transportation company’s stock valued at $149,485,000 after buying an additional 603,866 shares during the last quarter. Hennessy Advisors Inc. raised its position in XPO Logistics by 509.8% in the 4th quarter. Hennessy Advisors Inc. now owns 493,900 shares of the transportation company’s stock valued at $45,236,000 after buying an additional 412,900 shares during the last quarter. Finally, First Trust Advisors LP raised its position in XPO Logistics by 503.9% in the 3rd quarter. First Trust Advisors LP now owns 457,598 shares of the transportation company’s stock valued at $31,016,000 after buying an additional 381,825 shares during the last quarter.
XPO has been the subject of a number of analyst reports. Citigroup lowered their price target on XPO Logistics from $110.00 to $75.00 and set a “buy” rating for the company in a research report on Tuesday, December 26th. Bank of America set a $103.00 price target on XPO Logistics and gave the company a “buy” rating in a research report on Wednesday, January 3rd. Stifel Nicolaus lowered their price target on XPO Logistics from $120.00 to $80.00 and set a “buy” rating for the company in a research report on Tuesday, January 2nd. Deutsche Bank reissued a “buy” rating on shares of XPO Logistics in a research report on Friday, December 22nd. Finally, Macquarie increased their price target on XPO Logistics from $80.00 to $105.00 and gave the company an “outperform” rating in a research report on Wednesday, December 27th. Two analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. XPO Logistics currently has an average rating of “Buy” and a consensus price target of $96.20.
Shares of XPO Logistics Inc (XPO) opened at $91.43 on Friday. XPO Logistics Inc has a 12-month low of $44.51 and a 12-month high of $98.37. The stock has a market capitalization of $10,960.00, a price-to-earnings ratio of 37.94, a PEG ratio of 0.94 and a beta of 2.55. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.23 and a current ratio of 1.20.
XPO Logistics (NYSE:XPO) last announced its earnings results on Wednesday, February 7th. The transportation company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.02. XPO Logistics had a return on equity of 7.29% and a net margin of 2.11%. The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $3.90 billion. During the same period last year, the firm posted $0.24 EPS. The business’s revenue was up 14.1% compared to the same quarter last year. sell-side analysts predict that XPO Logistics Inc will post 3.39 earnings per share for the current year.
XPO Logistics Profile
XPO Logistics, Inc is a global provider of supply chain solutions. The Company operates in two segments: Transportation and Logistics. The Transportation segment provides freight brokerage, last mile, less-than-truckload (LTL), full truckload and global forwarding services. The Logistics segment provides a range of contract logistics services, including highly engineered and customized solutions, value-added warehousing and distribution, cold chain solutions and other inventory solutions.
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