Swiss National Bank Has $12.66 Million Position in XPO Logistics, Inc. (XPO)

Swiss National Bank increased its position in shares of XPO Logistics, Inc. (NYSE:XPO) by 1.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 186,814 shares of the transportation company’s stock after acquiring an additional 1,800 shares during the period. Swiss National Bank owned about 158,545.36% of XPO Logistics worth $12,662,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of XPO Logistics by 8.5% during the 2nd quarter. Vanguard Group Inc. now owns 9,150,749 shares of the transportation company’s stock worth $591,414,000 after acquiring an additional 718,511 shares in the last quarter. American Century Companies Inc. boosted its position in shares of XPO Logistics by 94.6% during the 3rd quarter. American Century Companies Inc. now owns 3,070,080 shares of the transportation company’s stock worth $208,090,000 after acquiring an additional 1,492,525 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of XPO Logistics by 3.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,950,953 shares of the transportation company’s stock worth $190,725,000 after acquiring an additional 85,621 shares in the last quarter. FMR LLC boosted its position in shares of XPO Logistics by 73.3% during the 2nd quarter. FMR LLC now owns 2,893,788 shares of the transportation company’s stock worth $187,026,000 after acquiring an additional 1,223,543 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in XPO Logistics by 37.7% in the third quarter. Victory Capital Management Inc. now owns 2,205,435 shares of the transportation company’s stock valued at $149,485,000 after buying an additional 603,866 shares in the last quarter. Institutional investors and hedge funds own 94.57% of the company’s stock.

A number of analysts have weighed in on the stock. Goldman Sachs Group, Inc. (The) assumed coverage on shares of XPO Logistics in a research report on Monday, November 13th. They issued a “buy” rating and a $90.00 target price on the stock. Oppenheimer Holdings, Inc. restated a “buy” rating and issued a $77.00 target price (up previously from $75.00) on shares of XPO Logistics in a research report on Monday, November 6th. Stifel Nicolaus set a $77.00 target price on shares of XPO Logistics and gave the company a “buy” rating in a research report on Wednesday, August 23rd. William Blair restated an “outperform” rating on shares of XPO Logistics in a research report on Monday, August 7th. Finally, Wells Fargo & Company raised their target price on shares of XPO Logistics to $82.00 and gave the company an “outperform” rating in a research report on Wednesday, November 8th. Three investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $75.17.

XPO Logistics, Inc. (NYSE XPO) opened at $74.67 on Monday. XPO Logistics, Inc. has a 52 week low of $41.89 and a 52 week high of $74.90. The firm has a market cap of $8,950.00, a price-to-earnings ratio of 43.16, a P/E/G ratio of 1.08 and a beta of 2.47. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.23 and a current ratio of 1.23.

XPO Logistics (NYSE:XPO) last announced its earnings results on Wednesday, November 1st. The transportation company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. XPO Logistics had a net margin of 1.11% and a return on equity of 7.01%. The business had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.79 billion. During the same quarter last year, the firm earned $0.41 earnings per share. XPO Logistics’s quarterly revenue was up 4.7% on a year-over-year basis. analysts expect that XPO Logistics, Inc. will post 1.92 EPS for the current fiscal year.

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XPO Logistics Company Profile

XPO Logistics, Inc is a global provider of supply chain solutions. The Company operates in two segments: Transportation and Logistics. The Transportation segment provides freight brokerage, last mile, less-than-truckload (LTL), full truckload and global forwarding services. The Logistics segment provides a range of contract logistics services, including highly engineered and customized solutions, value-added warehousing and distribution, cold chain solutions and other inventory solutions.

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

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