Advisory Research Inc. cut its position in XPO Logistics Inc (NYSE:XPO) by 52.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm 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 hedge funds have also recently made changes to their positions in XPO. Dimensional Fund Advisors LP grew its holdings in XPO Logistics by 5.6% in the third quarter. Dimensional Fund Advisors LP now owns 3,115,541 shares of the transportation company’s stock valued at $211,152,000 after purchasing an additional 164,588 shares during the period. American Century Companies Inc. lifted its position in shares of XPO Logistics by 94.6% in the third quarter. American Century Companies Inc. now owns 3,070,080 shares of the transportation company’s stock valued at $208,090,000 after acquiring an additional 1,492,525 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of XPO Logistics by 14.9% in the fourth quarter. Victory Capital Management Inc. now owns 2,534,323 shares of the transportation company’s stock valued at $232,119,000 after acquiring an additional 328,888 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of XPO Logistics by 24.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,704,759 shares of the transportation company’s stock valued at $156,140,000 after acquiring an additional 332,452 shares in the last quarter. Finally, Mar Vista Investment Partners LLC purchased a new position in shares of XPO Logistics in the fourth quarter valued at approximately $100,806,000.
Shares of XPO Logistics Inc (XPO) opened at $96.89 on Friday. XPO Logistics Inc has a fifty-two week low of $44.51 and a fifty-two week high of $98.37. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market capitalization of $11,620.00, a PE ratio of 40.20, a PEG ratio of 0.95 and a beta of 2.55.
XPO Logistics (NYSE:XPO) last posted its quarterly earnings data on Wednesday, February 7th. The transportation company reported $0.45 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.02. The firm had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $3.90 billion. XPO Logistics had a return on equity of 7.29% and a net margin of 2.11%. The firm’s revenue was up 14.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.24 EPS. analysts anticipate that XPO Logistics Inc will post 3.39 earnings per share for the current fiscal year.
Several equities analysts have recently weighed in on XPO shares. Deutsche Bank restated a “buy” rating on shares of XPO Logistics in a research report on Friday, December 22nd. Goldman Sachs Group began coverage on XPO Logistics in a research report on Monday, November 13th. They set a “buy” rating and a $90.00 price objective on the stock. Credit Suisse Group reiterated an “outperform” rating and set a $106.00 price objective (up previously from $79.00) on shares of XPO Logistics in a research report on Thursday, January 11th. Zacks Investment Research upgraded XPO Logistics from a “hold” rating to a “buy” rating and set a $103.00 target price on the stock in a research report on Saturday, January 6th. Finally, Cowen lifted their target price on XPO Logistics from $69.00 to $85.00 and gave the company a “strong-buy” rating in a research report on Friday, November 3rd. Two research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. XPO Logistics presently has a consensus rating of “Buy” and an average target price of $96.20.
About XPO Logistics
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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