First Trust Advisors LP grew its holdings in shares of XPO Logistics Inc (NYSE:XPO) by 5.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 482,630 shares of the transportation company’s stock after purchasing an additional 25,032 shares during the period. First Trust Advisors LP’s holdings in XPO Logistics were worth $44,204,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also bought and sold shares of XPO. Fuller & Thaler Asset Management Inc. bought a new position in shares of XPO Logistics during the 3rd quarter valued at about $102,000. Benjamin F. Edwards & Company Inc. bought a new position in shares of XPO Logistics during the 4th quarter valued at about $172,000. Oak Point Wealth Management bought a new position in shares of XPO Logistics during the 4th quarter valued at about $220,000. Pillar Pacific Capital Management LLC bought a new position in shares of XPO Logistics during the 4th quarter valued at about $224,000. Finally, Commonwealth Equity Services Inc bought a new position in shares of XPO Logistics during the 3rd quarter valued at about $230,000.
Several equities analysts have recently weighed in on XPO shares. Oppenheimer restated a “buy” rating and set a $77.00 price objective (up previously from $75.00) on shares of XPO Logistics in a research report on Monday, November 6th. Stifel Nicolaus raised their price objective on shares of XPO Logistics from $77.00 to $80.00 and gave the company a “buy” rating in a research report on Monday, November 6th. Deutsche Bank restated a “buy” rating and set a $110.00 price objective on shares of XPO Logistics in a research report on Friday, November 3rd. Citigroup reduced their price objective on shares of XPO Logistics from $110.00 to $75.00 and set a “buy” rating for the company in a research report on Tuesday, December 26th. Finally, Goldman Sachs Group started coverage on shares of XPO Logistics in a research report on Monday, November 13th. They set a “buy” rating and a $90.00 price objective for the company. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $96.20.
XPO Logistics Inc (XPO) opened at $91.43 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 market cap of $10,960.00, a PE ratio of 37.94, a price-to-earnings-growth ratio of 0.93 and a beta of 2.55. The company has a quick ratio of 1.23, a current ratio of 1.20 and a debt-to-equity ratio of 1.11.
XPO Logistics (NYSE:XPO) last announced its earnings results on Wednesday, February 7th. The transportation company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.43 by $0.02. XPO Logistics had a net margin of 2.11% and a return on equity of 7.29%. The company had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $3.90 billion. During the same period last year, the company posted $0.24 earnings per share. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. sell-side analysts predict that XPO Logistics Inc will post 3.39 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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