Aurora Investment Counsel Has $959,000 Stock Position in XPO Logistics, Inc. (NYSE:XPO)

Aurora Investment Counsel lifted its position in shares of XPO Logistics, Inc. (NYSE:XPOGet Rating) by 43.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,923 shares of the transportation company’s stock after purchasing an additional 6,005 shares during the period. Aurora Investment Counsel’s holdings in XPO Logistics were worth $959,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Electron Capital Partners LLC lifted its position in shares of XPO Logistics by 66.6% during the first quarter. Electron Capital Partners LLC now owns 666,087 shares of the transportation company’s stock valued at $48,491,000 after purchasing an additional 266,353 shares in the last quarter. MetLife Investment Management LLC lifted its position in shares of XPO Logistics by 41.1% during the first quarter. MetLife Investment Management LLC now owns 67,472 shares of the transportation company’s stock valued at $4,912,000 after purchasing an additional 19,665 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its position in shares of XPO Logistics by 63.7% during the first quarter. U.S. Capital Wealth Advisors LLC now owns 25,385 shares of the transportation company’s stock valued at $1,848,000 after purchasing an additional 9,880 shares in the last quarter. Texas Permanent School Fund lifted its position in shares of XPO Logistics by 2.2% during the second quarter. Texas Permanent School Fund now owns 71,448 shares of the transportation company’s stock valued at $3,441,000 after purchasing an additional 1,509 shares in the last quarter. Finally, Resources Management Corp CT ADV lifted its position in shares of XPO Logistics by 8.0% during the first quarter. Resources Management Corp CT ADV now owns 27,256 shares of the transportation company’s stock valued at $1,984,000 after purchasing an additional 2,030 shares in the last quarter. 97.35% of the stock is owned by institutional investors.

XPO Logistics Price Performance

NYSE:XPO traded up $0.27 during mid-day trading on Thursday, hitting $37.60. 501,772 shares of the stock traded hands, compared to its average volume of 2,143,011. The business’s 50-day moving average price is $43.57 and its 200 day moving average price is $49.33. The company has a market cap of $4.33 billion, a PE ratio of 4.93, a price-to-earnings-growth ratio of 0.56 and a beta of 2.04. XPO Logistics, Inc. has a 12-month low of $30.54 and a 12-month high of $81.01. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.59.

XPO Logistics (NYSE:XPOGet Rating) last issued its quarterly earnings data on Monday, October 31st. The transportation company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.35 by $0.10. The company had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $3.10 billion. XPO Logistics had a net margin of 6.73% and a return on equity of 43.47%. XPO Logistics’s revenue for the quarter was down 7.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.94 earnings per share. On average, analysts expect that XPO Logistics, Inc. will post 5.73 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Cowen dropped their price target on shares of XPO Logistics from $87.00 to $59.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 19th. Jefferies Financial Group began coverage on shares of XPO Logistics in a research report on Monday, October 24th. They issued a “buy” rating and a $70.00 price objective on the stock. Oppenheimer lowered their price objective on shares of XPO Logistics from $87.00 to $45.00 in a research report on Tuesday. Barclays lowered their price objective on shares of XPO Logistics from $75.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, October 13th. Finally, Benchmark lowered their price objective on shares of XPO Logistics to $70.00 in a research report on Thursday, October 13th. One analyst has rated the stock with a hold rating and nineteen have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $71.91.

About XPO Logistics

(Get Rating)

XPO Logistics, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and Brokerage and Other Services. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite regional, inter-regional, and transcontinental LTL freight services.

Read More

Want to see what other hedge funds are holding XPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for XPO Logistics, Inc. (NYSE:XPOGet Rating).

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

Receive News & Ratings for XPO Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XPO Logistics and related companies with MarketBeat.com's FREE daily email newsletter.