Truvestments Capital LLC acquired a new position in shares of XPO Logistics Inc (NYSE:XPO) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,517 shares of the transportation company’s stock, valued at approximately $252,000.

A number of other institutional investors have also recently added to or reduced their stakes in XPO. SG Americas Securities LLC acquired a new stake in XPO Logistics during the first quarter worth about $561,000. Prudential Financial Inc. increased its position in XPO Logistics by 179.2% during the first quarter. Prudential Financial Inc. now owns 16,787 shares of the transportation company’s stock worth $1,709,000 after purchasing an additional 10,775 shares during the last quarter. Robeco Institutional Asset Management B.V. acquired a new stake in XPO Logistics during the first quarter worth about $198,000. Schwab Charles Investment Management Inc. increased its position in XPO Logistics by 8.5% during the first quarter. Schwab Charles Investment Management Inc. now owns 380,226 shares of the transportation company’s stock worth $38,711,000 after purchasing an additional 29,786 shares during the last quarter. Finally, Aperio Group LLC increased its position in XPO Logistics by 30.0% during the first quarter. Aperio Group LLC now owns 17,100 shares of the transportation company’s stock worth $1,741,000 after purchasing an additional 3,945 shares during the last quarter. Hedge funds and other institutional investors own 92.92% of the company’s stock.

A number of equities research analysts have weighed in on XPO shares. KeyCorp dropped their price target on shares of XPO Logistics from $125.00 to $115.00 and set an “overweight” rating for the company in a research report on Friday, August 3rd. ValuEngine cut shares of XPO Logistics from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 29th. Deutsche Bank reissued a “buy” rating and issued a $142.00 price objective (up previously from $133.00) on shares of XPO Logistics in a research note on Thursday, August 2nd. Jefferies Financial Group started coverage on shares of XPO Logistics in a research note on Wednesday, October 3rd. They issued a “buy” rating and a $145.00 price objective for the company. Finally, R. F. Lafferty started coverage on shares of XPO Logistics in a research note on Tuesday, July 10th. They issued a “buy” rating and a $125.00 price objective for the company. Four investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. XPO Logistics has a consensus rating of “Buy” and a consensus target price of $113.30.

Shares of NYSE:XPO traded up $0.46 during trading on Friday, hitting $99.70. 1,475,720 shares of the company were exchanged, compared to its average volume of 1,421,448. The company has a market capitalization of $14.48 billion, a PE ratio of 51.13, a P/E/G ratio of 0.85 and a beta of 2.32. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.07. XPO Logistics Inc has a 12-month low of $63.28 and a 12-month high of $116.27.

XPO Logistics (NYSE:XPO) last issued its quarterly earnings data on Wednesday, August 1st. The transportation company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.01. The business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.29 billion. XPO Logistics had a net margin of 2.84% and a return on equity of 9.12%. The company’s revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.60 EPS. As a group, equities research analysts predict that XPO Logistics Inc will post 3.49 EPS for the current fiscal year.

About XPO Logistics

XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Spain, Europe, Asia, and internationally. The company's Transportation segment offers freight brokerage services comprising truck brokerage, intermodal, drayage, and expedite services; last mile services, primarily asset-light; density and day-definite regional, inter-regional, and transcontinental less-than-truckload freight services; full truckload services for transactional transportation of packaged goods, high cube products, and bulk goods; and logistics services for domestic, cross-border, and international shipments.

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Institutional Ownership by Quarter for XPO Logistics (NYSE:XPO)

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