Tdam USA Inc. Has $4.28 Million Holdings in XPO Logistics Inc (XPO)

Tdam USA Inc. boosted its stake in XPO Logistics Inc (NYSE:XPO) by 226.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 79,598 shares of the transportation company’s stock after purchasing an additional 55,248 shares during the period. Tdam USA Inc.’s holdings in XPO Logistics were worth $4,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Spruce House Investment Management LLC increased its position in XPO Logistics by 64.5% in the fourth quarter. Spruce House Investment Management LLC now owns 12,750,000 shares of the transportation company’s stock worth $727,260,000 after buying an additional 5,000,000 shares during the period. Vanguard Group Inc increased its position in XPO Logistics by 7.0% in the third quarter. Vanguard Group Inc now owns 10,997,991 shares of the transportation company’s stock worth $1,255,640,000 after buying an additional 721,707 shares during the period. Dimensional Fund Advisors LP increased its position in XPO Logistics by 2.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,280,309 shares of the transportation company’s stock worth $130,062,000 after buying an additional 55,852 shares during the period. Epoch Investment Partners Inc. increased its holdings in shares of XPO Logistics by 90.7% during the fourth quarter. Epoch Investment Partners Inc. now owns 1,572,526 shares of the transportation company’s stock valued at $89,697,000 after purchasing an additional 747,926 shares during the period. Finally, Morgan Stanley increased its holdings in shares of XPO Logistics by 50.1% during the third quarter. Morgan Stanley now owns 1,557,140 shares of the transportation company’s stock valued at $177,779,000 after purchasing an additional 519,553 shares during the period. 88.25% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:XPO traded down $1.30 during midday trading on Monday, reaching $56.99. The company had a trading volume of 13,671 shares, compared to its average volume of 1,858,991. 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 Inc has a 1-year low of $41.05 and a 1-year high of $116.27. The firm has a market capitalization of $5.36 billion, a price-to-earnings ratio of 17.83, a price-to-earnings-growth ratio of 0.56 and a beta of 2.29.

XPO Logistics (NYSE:XPO) last released its quarterly earnings results on Wednesday, May 1st. The transportation company reported $0.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.10. XPO Logistics had a return on equity of 11.26% and a net margin of 2.30%. The business had revenue of $4.12 billion during the quarter, compared to analyst estimates of $4.25 billion. During the same quarter last year, the company posted $0.61 EPS. XPO Logistics’s revenue for the quarter was down 1.7% on a year-over-year basis. Equities analysts predict that XPO Logistics Inc will post 3.53 earnings per share for the current year.

A number of research analysts have recently commented on the company. Cowen reissued an “outperform” rating and set a $84.00 price target (up from $80.00) on shares of XPO Logistics in a report on Thursday, May 2nd. Deutsche Bank set a $81.00 price target on XPO Logistics and gave the company a “buy” rating in a report on Monday, April 22nd. Oppenheimer raised their price target on XPO Logistics from $65.00 to $73.00 and gave the company an “outperform” rating in a report on Monday, May 6th. SunTrust Banks lowered their price target on XPO Logistics from $83.00 to $65.00 and set a “buy” rating on the stock in a report on Tuesday, February 19th. Finally, Barclays raised their price target on XPO Logistics from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, May 2nd. Two analysts have rated the stock with a sell rating, two have given a hold rating and thirteen have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $90.00.

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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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