Two Sigma Securities LLC acquired a new stake in shares of XPO Logistics Inc (NYSE:XPO) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 3,700 shares of the transportation company’s stock, valued at approximately $211,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Hsbc Holdings PLC raised its holdings in shares of XPO Logistics by 20.3% in the third quarter. Hsbc Holdings PLC now owns 24,359 shares of the transportation company’s stock valued at $2,781,000 after buying an additional 4,115 shares during the last quarter. Morgan Stanley raised its holdings in shares of XPO Logistics by 50.1% in the third quarter. Morgan Stanley now owns 1,557,140 shares of the transportation company’s stock valued at $177,779,000 after buying an additional 519,553 shares during the last quarter. Prudential Financial Inc. raised its holdings in shares of XPO Logistics by 2.1% in the third quarter. Prudential Financial Inc. now owns 36,552 shares of the transportation company’s stock valued at $4,174,000 after buying an additional 750 shares during the last quarter. Tdam USA Inc. raised its holdings in shares of XPO Logistics by 292.7% in the fourth quarter. Tdam USA Inc. now owns 24,350 shares of the transportation company’s stock valued at $1,389,000 after buying an additional 18,150 shares during the last quarter. Finally, Gilman Hill Asset Management LLC bought a new position in shares of XPO Logistics in the fourth quarter valued at about $609,000.

Shares of XPO stock opened at $49.72 on Tuesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.11 and a quick ratio of 1.11. The stock has a market capitalization of $5.40 billion, a P/E ratio of 15.59, a PEG ratio of 0.71 and a beta of 2.20. XPO Logistics Inc has a 12 month low of $41.05 and a 12 month high of $116.27.

XPO Logistics (NYSE:XPO) last announced its quarterly earnings data on Thursday, February 14th. The transportation company reported $0.72 EPS for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.11). The firm had revenue of $4.39 billion during the quarter, compared to analyst estimates of $4.56 billion. XPO Logistics had a return on equity of 10.83% and a net margin of 2.44%. XPO Logistics’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.45 earnings per share. Equities analysts anticipate that XPO Logistics Inc will post 3.67 earnings per share for the current fiscal year.

A number of research analysts recently issued reports on the company. TheStreet cut XPO Logistics from a “b-” rating to a “c+” rating in a report on Tuesday, March 5th. Oppenheimer cut their price target on XPO Logistics from $98.00 to $62.00 and set an “outperform” rating for the company in a report on Tuesday, February 19th. Cowen reaffirmed an “outperform” rating and issued a $79.00 price target (down from $101.00) on shares of XPO Logistics in a report on Tuesday, February 19th. SunTrust Banks cut their price target on XPO Logistics from $83.00 to $65.00 and set a “buy” rating for the company in a report on Tuesday, February 19th. Finally, Credit Suisse Group cut their price target on XPO Logistics from $92.00 to $70.00 and set an “outperform” rating for the company in a report on Tuesday, February 19th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $92.49.

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XPO Logistics Company Profile

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.

See Also: Retained Earnings

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

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