Deltec Asset Management LLC Buys 3,250 Shares of XPO Logistics Inc (XPO)
Deltec Asset Management LLC increased its stake in XPO Logistics Inc (NYSE:XPO) by 78.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,408 shares of the transportation company’s stock after acquiring an additional 3,250 shares during the period. Deltec Asset Management LLC’s holdings in XPO Logistics were worth $678,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. bought a new position in XPO Logistics during the 3rd quarter valued at approximately $102,000. Benjamin F. Edwards & Company Inc. bought a new position in XPO Logistics during the 4th quarter valued at approximately $172,000. Oak Point Wealth Management bought a new position in XPO Logistics during the 4th quarter valued at approximately $220,000. Pillar Pacific Capital Management LLC bought a new position in XPO Logistics during the 4th quarter valued at approximately $224,000. Finally, Commonwealth Equity Services Inc bought a new position in XPO Logistics during the 3rd quarter valued at approximately $230,000.
Shares of XPO Logistics Inc (NYSE XPO) opened at $89.74 on Tuesday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.23 and a quick ratio of 1.23. The firm has a market capitalization of $11,247.45, a P/E ratio of 74.78, a P/E/G ratio of 0.81 and a beta of 2.55. XPO Logistics Inc has a 52 week low of $43.39 and a 52 week high of $98.37.
ILLEGAL ACTIVITY NOTICE: This article was first published by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of international copyright laws. The original version of this article can be accessed at https://www.watchlistnews.com/deltec-asset-management-llc-buys-3250-shares-of-xpo-logistics-inc-xpo/1847712.html.
XPO Logistics Company 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.
Want to see what other hedge funds are holding XPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for XPO Logistics Inc (NYSE:XPO).
Receive News & Ratings for XPO Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XPO Logistics and related companies with MarketBeat.com's FREE daily email newsletter.