J.W. Cole Advisors Inc. Has $223,000 Stake in XPO Logistics, Inc. (NYSE:XPO)

J.W. Cole Advisors Inc. raised its position in shares of XPO Logistics, Inc. (NYSE:XPOGet Rating) by 10.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,057 shares of the transportation company’s stock after buying an additional 285 shares during the period. J.W. Cole Advisors Inc.’s holdings in XPO Logistics were worth $223,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of XPO. Allworth Financial LP grew its stake in shares of XPO Logistics by 155.5% during the first quarter. Allworth Financial LP now owns 580 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 353 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of XPO Logistics by 5,175.0% during the first quarter. Parallel Advisors LLC now owns 633 shares of the transportation company’s stock valued at $48,000 after purchasing an additional 621 shares during the last quarter. Electron Capital Partners LLC grew its stake 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 during the last quarter. MetLife Investment Management LLC grew its stake 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 during the last quarter. Finally, U.S. Capital Wealth Advisors LLC boosted its stake in XPO Logistics by 63.7% in 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 acquiring an additional 9,880 shares during the last quarter. Institutional investors and hedge funds own 97.35% of the company’s stock.

XPO Logistics Stock Down 1.1 %

XPO Logistics stock opened at $45.95 on Thursday. The firm has a market capitalization of $5.29 billion, a PE ratio of 7.66, a P/E/G ratio of 0.58 and a beta of 2.07. The company’s 50-day moving average is $54.29 and its 200-day moving average is $56.27. XPO Logistics, Inc. has a fifty-two week low of $45.09 and a fifty-two week high of $88.00. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.11 and a quick ratio of 1.11.

XPO Logistics (NYSE:XPOGet Rating) last released its quarterly earnings data on Thursday, August 4th. The transportation company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.32. The company had revenue of $3.23 billion for the quarter, compared to analyst estimates of $3.19 billion. XPO Logistics had a net margin of 5.20% and a return on equity of 45.28%. XPO Logistics’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.86 EPS. Sell-side analysts anticipate that XPO Logistics, Inc. will post 5.81 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. reduced their price objective on shares of XPO Logistics from $81.00 to $72.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 12th. Morgan Stanley raised shares of XPO Logistics from an “equal weight” rating to an “overweight” rating and set a $75.00 price objective on the stock in a research note on Friday, July 8th. Evercore ISI reduced their price objective on shares of XPO Logistics from $83.00 to $67.00 in a research note on Tuesday, July 12th. Credit Suisse Group lifted their price target on shares of XPO Logistics to $74.00 in a research report on Monday, August 15th. Finally, Barclays reduced their price target on shares of XPO Logistics from $80.00 to $75.00 and set an “overweight” rating on the stock in a research report on Monday, June 27th. Nineteen investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $90.11.

Insider Transactions at XPO Logistics

In related news, CEO S Jacobs Bradley sold 50,000 shares of XPO Logistics stock in a transaction dated Wednesday, July 20th. The shares were sold at an average price of $53.49, for a total transaction of $2,674,500.00. Following the completion of the sale, the chief executive officer now owns 6,361,730 shares of the company’s stock, valued at approximately $340,288,937.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 5,117,500 shares of company stock worth $282,215,408 in the last ninety days. Insiders own 11.20% of the company’s stock.

XPO Logistics Company Profile

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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.

Further Reading

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

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