XPO Logistics, Inc. (NYSE:XPO) CAO Sells $903,618.00 in Stock

XPO Logistics, Inc. (NYSE:XPO) CAO Lance A. Robinson sold 7,650 shares of the business’s stock in a transaction dated Thursday, February 18th. The stock was sold at an average price of $118.12, for a total value of $903,618.00. Following the transaction, the chief accounting officer now directly owns 74,955 shares of the company’s stock, valued at approximately $8,853,684.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

XPO stock opened at $119.49 on Monday. The stock has a 50-day moving average price of $119.45 and a two-hundred day moving average price of $102.77. The stock has a market cap of $12.21 billion, a PE ratio of 145.72, a price-to-earnings-growth ratio of 11.01 and a beta of 2.33. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 2.68. XPO Logistics, Inc. has a 1 year low of $38.47 and a 1 year high of $128.57.

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XPO Logistics (NYSE:XPO) last released its earnings results on Wednesday, February 10th. The transportation company reported $1.19 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.65 by $0.54. The firm had revenue of $4.67 billion during the quarter, compared to analysts’ expectations of $4.25 billion. XPO Logistics had a return on equity of 9.11% and a net margin of 0.82%. The company’s revenue was up 12.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.12 EPS. On average, analysts forecast that XPO Logistics, Inc. will post 0.93 earnings per share for the current fiscal year.

Several equities analysts recently issued reports on the company. Oppenheimer restated a “buy” rating and set a $123.00 price target (up from $108.00) on shares of XPO Logistics in a research note on Thursday, December 3rd. They noted that the move was a valuation call. Wells Fargo & Company boosted their price target on XPO Logistics from $111.00 to $158.00 and gave the company an “overweight” rating in a research note on Thursday, December 3rd. Stifel Nicolaus upped their price objective on XPO Logistics from $105.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, December 3rd. Citigroup upped their price objective on XPO Logistics from $138.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, February 12th. Finally, Raymond James upped their price objective on XPO Logistics from $135.00 to $140.00 and gave the company an “outperform” rating in a research note on Friday, February 12th. Three investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. XPO Logistics has an average rating of “Buy” and a consensus target price of $126.70.

Several hedge funds and other institutional investors have recently made changes to their positions in XPO. IFM Investors Pty Ltd grew its holdings in shares of XPO Logistics by 21.4% in the 3rd quarter. IFM Investors Pty Ltd now owns 8,137 shares of the transportation company’s stock valued at $689,000 after acquiring an additional 1,434 shares in the last quarter. IBM Retirement Fund bought a new position in shares of XPO Logistics in the 3rd quarter valued at about $250,000. Jag Capital Management LLC bought a new position in shares of XPO Logistics in the 3rd quarter valued at about $204,000. Great Valley Advisor Group Inc. grew its holdings in shares of XPO Logistics by 29.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 88,935 shares of the transportation company’s stock valued at $7,529,000 after acquiring an additional 20,480 shares in the last quarter. Finally, Blue Zone Wealth Advisors LLC bought a new position in shares of XPO Logistics in the 3rd quarter valued at about $2,209,000. Institutional investors own 95.94% of the company’s stock.

XPO Logistics Company Profile

XPO Logistics, Inc provides supply chain solutions in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, Transportation and Logistics. The Transportation segment offers less-than-truckload (LTL) services, such as density and day-definite regional, inter-regional, and transcontinental LTL freight services through a network of tractors, trailers, professional drivers, and terminals; and truck brokerage services.

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