Stifel Financial Corp Has $1.51 Million Holdings in XPO Logistics Inc (XPO)

Stifel Financial Corp cut its stake in XPO Logistics Inc (NYSE:XPO) by 32.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,456 shares of the transportation company’s stock after selling 12,624 shares during the period. Stifel Financial Corp’s holdings in XPO Logistics were worth $1,507,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Janney Montgomery Scott LLC raised its stake in shares of XPO Logistics by 3.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 5,886 shares of the transportation company’s stock worth $336,000 after acquiring an additional 183 shares during the last quarter. Standard Life Aberdeen plc raised its stake in shares of 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 buying an additional 231 shares during the last quarter. Paradigm Asset Management Co. LLC raised its stake in shares of 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 buying an additional 250 shares during the last quarter. Daiwa Securities Group Inc. raised 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 worth $257,000 after buying an additional 350 shares during the last quarter. Finally, CX Institutional raised its stake in shares of XPO Logistics by 18.2% during the fourth quarter. CX Institutional now owns 2,600 shares of the transportation company’s stock worth $148,000 after buying an additional 400 shares during the last quarter.

A number of equities research analysts recently weighed in on XPO shares. SunTrust Banks dropped their price target on shares of XPO Logistics from $83.00 to $65.00 and set a “buy” rating for the company in a research note on Tuesday, February 19th. Loop Capital reissued a “buy” rating and set a $72.00 price target on shares of XPO Logistics in a research note on Tuesday, February 19th. They noted that the move was a valuation call. Deutsche Bank reissued a “buy” rating and set a $81.00 price target on shares of XPO Logistics in a research note on Friday, February 15th. TheStreet downgraded shares of XPO Logistics from a “b-” rating to a “c+” rating in a research note on Tuesday, March 5th. Finally, Morgan Stanley downgraded shares of XPO Logistics from an “overweight” rating to an “equal weight” rating and set a $116.00 price target for the company. in a research note on Tuesday, February 19th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. XPO Logistics has an average rating of “Buy” and an average price target of $91.20.

NYSE XPO traded up $1.92 during trading on Wednesday, reaching $68.97. 1,114,500 shares of the stock traded hands, compared to its average volume of 3,081,226. The stock has a market cap of $7.33 billion, a P/E ratio of 21.62, a P/E/G ratio of 1.00 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 Inc has a fifty-two week low of $41.05 and a fifty-two week high of $116.27.

XPO Logistics (NYSE:XPO) last issued its quarterly earnings data on Thursday, February 14th. The transportation company reported $0.72 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.11). The firm had revenue of $4.39 billion for the quarter, compared to analyst estimates of $4.56 billion. XPO Logistics had a net margin of 2.44% and a return on equity of 10.83%. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.45 EPS. Analysts predict that XPO Logistics Inc will post 3.39 earnings per share for the current fiscal 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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