Parametric Portfolio Associates LLC raised its holdings in XPO Logistics, Inc. (NYSE:XPO) by 40.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 234,086 shares of the transportation company’s stock after purchasing an additional 67,149 shares during the period. Parametric Portfolio Associates LLC owned 0.21% of XPO Logistics worth $15,129,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Teacher Retirement System of Texas increased its stake in shares of XPO Logistics by 1.4% in the first quarter. Teacher Retirement System of Texas now owns 8,751 shares of the transportation company’s stock worth $419,000 after purchasing an additional 118 shares in the last quarter. Prudential Financial Inc. boosted its position in shares of XPO Logistics by 1.5% in the first quarter. Prudential Financial Inc. now owns 10,359 shares of the transportation company’s stock valued at $496,000 after acquiring an additional 150 shares during the period. Flagship Harbor Advisors LLC boosted its position in shares of XPO Logistics by 1.6% in the second quarter. Flagship Harbor Advisors LLC now owns 11,374 shares of the transportation company’s stock valued at $704,000 after acquiring an additional 179 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of XPO Logistics by 9.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,245 shares of the transportation company’s stock valued at $274,000 after acquiring an additional 373 shares during the period. Finally, Advisors Asset Management Inc. boosted its position in shares of XPO Logistics by 18.4% in the second quarter. Advisors Asset Management Inc. now owns 2,992 shares of the transportation company’s stock valued at $193,000 after acquiring an additional 466 shares during the period. Hedge funds and other institutional investors own 89.54% of the company’s stock.

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Shares of XPO Logistics, Inc. (NYSE XPO) opened at 66.99 on Friday. The company has a market capitalization of $7.89 billion, a price-to-earnings ratio of 76.74 and a beta of 2.37. XPO Logistics, Inc. has a 12 month low of $31.68 and a 12 month high of $68.15. The firm’s 50-day moving average is $61.97 and its 200 day moving average is $57.02.

XPO Logistics (NYSE:XPO) last posted its earnings results on Wednesday, August 2nd. The transportation company reported $0.60 EPS for the quarter, meeting analysts’ consensus estimates of $0.60. The firm had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.76 billion. XPO Logistics had a return on equity of 6.49% and a net margin of 0.80%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.42 EPS. Equities analysts expect that XPO Logistics, Inc. will post $1.91 EPS for the current year.

XPO has been the subject of a number of analyst reports. BidaskClub lowered shares of XPO Logistics from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Morgan Stanley raised their price objective on shares of XPO Logistics from $60.00 to $75.00 and gave the company an “overweight” rating in a research report on Monday, July 17th. Stifel Nicolaus restated a “buy” rating and issued a $77.00 price objective (down from $78.00) on shares of XPO Logistics in a research report on Friday, July 21st. Zacks Investment Research upgraded shares of XPO Logistics from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a research report on Friday, July 7th. Finally, Bank of America Corporation initiated coverage on shares of XPO Logistics in a research report on Wednesday, June 28th. They issued a “buy” rating and a $72.00 price objective for the company. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. XPO Logistics presently has a consensus rating of “Buy” and an average price target of $68.67.

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.

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

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