Sentiment Change Report: Xpo Logistics Inc (NYSE:XPO)

July 18, 2017 - By Vivian Park

 Sentiment Change Report: Xpo Logistics Inc (NYSE:XPO)

Sentiment for Xpo Logistics Inc (NYSE:XPO)

Xpo Logistics Inc (NYSE:XPO) institutional sentiment decreased to 1.34 in Q4 2016. Its down -0.25, from 1.59 in 2016Q3. The ratio dropped, as 119 funds opened new and increased equity positions, while 89 trimmed and sold holdings in Xpo Logistics Inc. The funds in our partner’s database reported: 74.02 million shares, down from 74.95 million shares in 2016Q3. Also, the number of funds holding Xpo Logistics Inc in their top 10 equity positions decreased from 8 to 7 for a decrease of 1. Sold All: 12 Reduced: 77 Increased: 73 New Position: 46.

XPO Logistics, Inc. is a global provider of supply chain solutions. The company has market cap of $6.40 billion. The Firm operates in two divisions: Transportation and Logistics. It has a 72.23 P/E ratio. The Transportation segment provides freight brokerage, last mile, less-than-truckload , full truckload and global forwarding services.

The stock decreased 5.29% or $3.38 on July 17, reaching $60.46. About shares traded. XPO Logistics Inc (NYSE:XPO) has risen 103.27% since July 18, 2016 and is uptrending. It has outperformed by 86.57% the S&P500.

Investors wait XPO Logistics Inc (NYSE:XPO) to report on August, 2. its quarterly earnings Wall Street analysts expect $0.54 earnings per share, up $0.12 or 28.57 % from last year’s $0.42 same quarter earnings. This translates into $57.16 million profit for XPO giving the stock a 27.99 P/E. This is assuming the current $0.54 EPS is accurate. XPO Logistics Inc’s Wall Street analysts see 80.00 % EPS growth, taking into account the $0.30 EPS reproted in the previous quarter,

Spruce House Investment Management Llc holds 33.62% of its portfolio in XPO Logistics Inc for 7.75 million shares. Orbis Investment Management (U.S.) Llc owns 361,524 shares or 11.2% of their US portfolio. Moreover, Oakmont Corp has 10.27% invested in the company for 1.30 million shares. The Washington-based Zevenbergen Capital Investments Llc has invested 5.86% in the stock. Cypress Funds Llc, a California-based fund reported 470,000 shares.#img1#

XPO Logistics Inc (NYSE:XPO) Ratings Coverage

Ratings analysis reveals 100% of XPO Logistics’s analysts are positive. Out of 14 Wall Street analysts rating XPO Logistics, 14 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $33.0 while the high is $7800. The stock’s average target of $61.43 is 1.60% above today’s ($60.46) share price. XPO was included in 35 notes of analysts from August 7, 2015. Cowen & Co maintained it with “Outperform” rating and $38 target in Friday, August 5 report. The firm earned “Overweight” rating on Monday, July 17 by Morgan Stanley. The stock of XPO Logistics Inc (NYSE:XPO) has “Outperform” rating given on Friday, September 11 by FBR Capital. Oppenheimer maintained XPO Logistics Inc (NYSE:XPO) on Tuesday, August 9 with “Outperform” rating. Buckingham Research initiated XPO Logistics Inc (NYSE:XPO) rating on Tuesday, May 17. Buckingham Research has “Buy” rating and $38 target. The firm earned “Buy” rating on Tuesday, August 11 by Deutsche Bank. The rating was maintained by Deutsche Bank on Tuesday, September 29 with “Buy”. The stock has “Buy” rating by Stifel Nicolaus on Friday, August 5. The firm has “Outperform” rating by FBR Capital given on Friday, August 7. The stock has “Positive” rating by Susquehanna on Tuesday, December 20.

More notable recent XPO Logistics Inc (NYSE:XPO) news were published by: Thestreet.com which released: “How an Activist Is Complicating Bradley Jacobs’ XPO Acquisition Strategy” on July 05, 2017, also Nasdaq.com with their article: “XPO Logistics Announces Public Offering of Common Stock” published on July 17, 2017, Nasdaq.com published: “XPO Logistics LTL Drivers in North America Surpass One Billion Accident-Free Miles” on June 21, 2017. More interesting news about XPO Logistics Inc (NYSE:XPO) were released by: Nasdaq.com and their article: “XPO Logistics Awarded Chilled Warehousing Contract for BrewDog Craft Beer” published on July 10, 2017 as well as Nasdaq.com‘s news article titled: “XPO Logistics Expands Global Supply Chain Support for Sealed Air” with publication date: June 29, 2017.

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