Tyers Asset Management LLC lifted its position in shares of XPO Logistics Inc (NYSE:XPO) by 108.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,560 shares of the transportation company’s stock after purchasing an additional 11,200 shares during the period. Tyers Asset Management LLC’s holdings in XPO Logistics were worth $1,159,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc increased its stake in XPO Logistics by 7.0% in the 3rd quarter. Vanguard Group Inc now owns 10,997,991 shares of the transportation company’s stock worth $1,255,640,000 after purchasing an additional 721,707 shares during the period. KBC Group NV increased its stake in shares of XPO Logistics by 37.7% during the fourth quarter. KBC Group NV now owns 13,212 shares of the transportation company’s stock valued at $754,000 after buying an additional 3,618 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of XPO Logistics by 3.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 5,886 shares of the transportation company’s stock valued at $336,000 after buying an additional 183 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of XPO Logistics by 8.4% during the fourth quarter. Daiwa Securities Group Inc. now owns 4,510 shares of the transportation company’s stock valued at $257,000 after buying an additional 350 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of XPO Logistics by 6.3% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 8,537 shares of the transportation company’s stock valued at $487,000 after buying an additional 505 shares during the period. Institutional investors own 88.25% of the company’s stock.

XPO has been the topic of several research analyst reports. ValuEngine raised XPO Logistics from a “strong sell” rating to a “sell” rating in a research note on Thursday, April 4th. Bank of America reduced their target price on XPO Logistics from $76.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, February 15th. Deutsche Bank reissued a “buy” rating and set a $81.00 target price on shares of XPO Logistics in a research note on Friday, February 15th. Cowen boosted their target price on XPO Logistics from $80.00 to $84.00 and gave the company an “outperform” rating in a research note on Friday, May 3rd. Finally, Zacks Investment Research reissued a “sell” rating on shares of XPO Logistics in a research note on Saturday, May 11th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $90.00.

XPO stock traded down $1.59 during midday trading on Friday, hitting $55.90. The stock had a trading volume of 7,119 shares, compared to its average volume of 1,243,973. The stock has a market cap of $5.29 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 0.54 and a beta of 2.41. XPO Logistics Inc has a 52-week low of $41.05 and a 52-week high of $116.27. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.92.

XPO Logistics (NYSE:XPO) last issued its quarterly earnings results on Wednesday, May 1st. The transportation company reported $0.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.10. The company had revenue of $4.12 billion for the quarter, compared to analysts’ expectations of $4.25 billion. XPO Logistics had a return on equity of 11.26% and a net margin of 2.30%. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.61 earnings per share. Equities research analysts expect that XPO Logistics Inc will post 3.54 earnings per share for the current fiscal year.

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XPO Logistics Profile

XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Europe, 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; logistics services for domestic, cross-border, and international shipments; and managed transportation services.

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

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