Northpointe Capital LLC Has $1.98 Million Position in XPO Logistics Inc (XPO)

Northpointe Capital LLC increased its stake in shares of XPO Logistics Inc (NYSE:XPO) by 7.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,879 shares of the transportation company’s stock after buying an additional 2,546 shares during the quarter. Northpointe Capital LLC’s holdings in XPO Logistics were worth $1,982,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of XPO. Bronfman E.L. Rothschild L.P. lifted its stake in XPO Logistics by 20.5% during the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 1,036 shares of the transportation company’s stock worth $59,000 after purchasing an additional 176 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in XPO Logistics by 3.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 5,886 shares of the transportation company’s stock worth $336,000 after purchasing an additional 183 shares during the last quarter. State of Alaska Department of Revenue lifted its stake in XPO Logistics by 0.7% during the first quarter. State of Alaska Department of Revenue now owns 29,891 shares of the transportation company’s stock worth $1,605,000 after purchasing an additional 215 shares during the last quarter. Standard Life Aberdeen plc lifted its stake in XPO Logistics by 3.6% during the fourth quarter. Standard Life Aberdeen plc now owns 6,681 shares of the transportation company’s stock worth $374,000 after purchasing an additional 231 shares during the last quarter. Finally, Paradigm Asset Management Co. LLC lifted its stake in XPO Logistics by 83.3% during the third quarter. Paradigm Asset Management Co. LLC now owns 550 shares of the transportation company’s stock worth $63,000 after purchasing an additional 250 shares during the last quarter.

Several research firms have weighed in on XPO. Cowen restated an “outperform” rating and set a $80.00 target price (up from $79.00) on shares of XPO Logistics in a research note on Monday, April 8th. Loop Capital began coverage on XPO Logistics in a research note on Wednesday, February 6th. They set a “buy” rating and a $75.00 target price for the company. Oppenheimer upped their target price on XPO Logistics from $62.00 to $65.00 and gave the stock an “outperform” rating in a research note on Friday, April 5th. ValuEngine upgraded XPO Logistics from a “strong sell” rating to a “sell” rating in a research note on Thursday, April 4th. Finally, Deutsche Bank set a $108.00 target price on XPO Logistics and gave the stock a “buy” rating in a research note on Tuesday, January 1st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $91.20.

Shares of XPO traded up $1.55 during trading hours on Wednesday, reaching $64.06. The stock had a trading volume of 425,327 shares, compared to its average volume of 2,388,346. XPO Logistics Inc has a 12 month low of $41.05 and a 12 month high of $116.27. The stock has a market capitalization of $6.91 billion, a price-to-earnings ratio of 20.08, a PEG ratio of 0.96 and a beta of 2.20. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.11 and a current ratio of 1.11.

XPO Logistics (NYSE:XPO) last announced its quarterly earnings results 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). XPO Logistics had a net margin of 2.44% and a return on equity of 10.83%. The firm had revenue of $4.39 billion during the quarter, compared to the consensus estimate of $4.56 billion. During the same quarter in the previous year, the company posted $0.45 earnings per share. The firm’s revenue was up 4.6% on a year-over-year basis. As a group, equities analysts forecast that XPO Logistics Inc will post 3.39 EPS for the current year.

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About XPO Logistics

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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