STA Wealth Management LLC acquired a new stake in shares of XPO Logistics Inc (NYSE:XPO) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,044 shares of the transportation company’s stock, valued at approximately $370,000.
Other institutional investors have also recently bought and sold shares of the company. Point72 Asset Management L.P. increased its position in XPO Logistics by 51.3% during the third quarter. Point72 Asset Management L.P. now owns 229,039 shares of the transportation company’s stock valued at $15,524,000 after acquiring an additional 77,649 shares during the last quarter. Bank of New York Mellon Corp increased its position in XPO Logistics by 7.7% during the third quarter. Bank of New York Mellon Corp now owns 366,878 shares of the transportation company’s stock valued at $24,867,000 after acquiring an additional 26,095 shares during the last quarter. AXA grew its holdings in XPO Logistics by 47.1% during the third quarter. AXA now owns 200,800 shares of the transportation company’s stock valued at $13,610,000 after purchasing an additional 64,300 shares during the period. Convergence Investment Partners LLC grew its holdings in XPO Logistics by 9.5% during the fourth quarter. Convergence Investment Partners LLC now owns 39,488 shares of the transportation company’s stock valued at $3,617,000 after purchasing an additional 3,438 shares during the period. Finally, Aperio Group LLC grew its holdings in XPO Logistics by 9.7% during the fourth quarter. Aperio Group LLC now owns 13,155 shares of the transportation company’s stock valued at $1,205,000 after purchasing an additional 1,159 shares during the period.
Several analysts have issued reports on the company. ValuEngine raised XPO Logistics from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Deutsche Bank set a $133.00 price target on XPO Logistics and gave the company a “buy” rating in a report on Sunday, February 25th. Vetr lowered XPO Logistics from a “strong-buy” rating to a “buy” rating and set a $106.35 price target for the company. in a report on Monday, February 26th. Zacks Investment Research lowered XPO Logistics from a “buy” rating to a “hold” rating in a report on Saturday, January 13th. Finally, KeyCorp reissued a “buy” rating and set a $110.00 price target on shares of XPO Logistics in a report on Friday, January 12th. Two analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. XPO Logistics has a consensus rating of “Buy” and an average target price of $96.60.
XPO Logistics Inc (XPO) opened at $102.96 on Wednesday. The firm has a market capitalization of $12,531.82, a PE ratio of 53.86, a PEG ratio of 1.05 and a beta of 2.41. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.20 and a quick ratio of 1.20. XPO Logistics Inc has a one year low of $44.51 and a one year high of $106.20.
XPO Logistics (NYSE:XPO) last released its quarterly earnings data on Wednesday, February 7th. The transportation company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.02. The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $3.90 billion. XPO Logistics had a return on equity of 7.29% and a net margin of 2.11%. The business’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.24 earnings per share. research analysts forecast that XPO Logistics Inc will post 3.42 EPS for the current year.
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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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