Xpo Logistics INC (XPO) Share Price Rose While Suffolk Capital Management LLC Decreased Position

May 25, 2018 - By Marie Mckinney

XPO Logistics, Inc. (NYSE:XPO) LogoInvestors sentiment decreased to 1.42 in Q4 2017. Its down 0.41, from 1.83 in 2017Q3. It is negative, as 43 investors sold XPO shares while 95 reduced holdings. 84 funds opened positions while 112 raised stakes. 98.73 million shares or 2.06% more from 96.74 million shares in 2017Q3 were reported. Fuller And Thaler Asset Inc accumulated 1,500 shares. Price T Rowe Assoc Inc Md holds 0.01% in XPO Logistics, Inc. (NYSE:XPO) or 883,117 shares. Campbell Communications Invest Adviser Ltd Limited Liability Company invested in 2,872 shares. Tributary Cap Mngmt Lc owns 19,200 shares. Wells Fargo And Mn stated it has 1.70 million shares or 0.05% of all its holdings. Tudor Et Al owns 2,353 shares or 0.01% of their US portfolio. Chevy Chase Holdg Inc owns 4,000 shares or 0% of their US portfolio. Walter Keenan Consulting Communication Mi Adv accumulated 15,875 shares. Schwab Charles Invest Mngmt owns 350,440 shares. The New York-based Clearbridge Invests Limited Liability Com has invested 0.11% in XPO Logistics, Inc. (NYSE:XPO). Dana Invest Advsr reported 73,383 shares. Rhumbline Advisers has 120,596 shares. Moreover, Eulav Asset Mngmt has 0.1% invested in XPO Logistics, Inc. (NYSE:XPO) for 24,000 shares. 21,280 are owned by Cannell Peter B Incorporated. Rice Hall James And Associate Limited Co owns 154,741 shares.

Suffolk Capital Management Llc decreased its stake in Xpo Logistics Inc. (XPO) by 31.7% based on its latest 2017Q4 regulatory filing with the SEC. Suffolk Capital Management Llc sold 73,646 shares as the company’s stock rose 9.61% while stock markets declined. The institutional investor held 158,675 shares of the consumer services company at the end of 2017Q4, valued at $14.53M, down from 232,321 at the end of the previous reported quarter. Suffolk Capital Management Llc who had been investing in Xpo Logistics Inc. for a number of months, seems to be less bullish one the $13.15 billion market cap company. The stock decreased 0.38% or $0.4184 during the last trading session, reaching $109.0316. About 51,562 shares traded. XPO Logistics, Inc. (NYSE:XPO) has risen 113.78% since May 25, 2017 and is uptrending. It has outperformed by 102.23% the S&P500.

Suffolk Capital Management Llc, which manages about $1.92 billion and $770.38M US Long portfolio, upped its stake in Delta Airlines (NYSE:DAL) by 252,931 shares to 257,544 shares, valued at $14.42M in 2017Q4, according to the filing. It also increased its holding in Amazon.Com Inc. (NASDAQ:AMZN) by 3,449 shares in the quarter, for a total of 26,351 shares, and has risen its stake in Philip Morris International (NYSE:PM).

Analysts await XPO Logistics, Inc. (NYSE:XPO) to report earnings on August, 1. They expect $1.02 earnings per share, up 70.00 % or $0.42 from last year’s $0.6 per share. XPO’s profit will be $123.06M for 26.72 P/E if the $1.02 EPS becomes a reality. After $0.61 actual earnings per share reported by XPO Logistics, Inc. for the previous quarter, Wall Street now forecasts 67.21 % EPS growth.

More recent XPO Logistics, Inc. (NYSE:XPO) news were published by: Fool.com which released: “XPO Logistics Wants to Level the Retail Playing Field” on May 03, 2018. Also Globenewswire.com published the news titled: “Research Report Identifies Aceto, Eaton Vance, New Relic, Western Alliance, Alexander & Baldwin, and XPO Logistics …” on April 26, 2018. Prnewswire.com‘s news article titled: “Leading Investor Advisory Firms Back Teamster Demand For Better Disclosure Of Working Conditions At XPO Logistics …” with publication date: May 10, 2018 was also an interesting one.

XPO Logistics, Inc. (NYSE:XPO) Ratings Coverage

Among 14 analysts covering XPO Logistics (NYSE:XPO), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. XPO Logistics had 23 analyst reports since December 19, 2017 according to SRatingsIntel. The rating was maintained by Susquehanna with “Buy” on Monday, April 16. Stephens maintained the shares of XPO in report on Friday, February 9 with “Hold” rating. Cowen & Co maintained the shares of XPO in report on Tuesday, December 19 with “Buy” rating. Credit Suisse maintained XPO Logistics, Inc. (NYSE:XPO) rating on Friday, May 4. Credit Suisse has “Outperform” rating and $125 target. On Wednesday, December 27 the stock rating was maintained by Macquarie Research with “Outperform”. Oppenheimer maintained XPO Logistics, Inc. (NYSE:XPO) rating on Wednesday, May 9. Oppenheimer has “Buy” rating and $11900 target. The stock of XPO Logistics, Inc. (NYSE:XPO) earned “Buy” rating by Citigroup on Tuesday, December 26. Stifel Nicolaus maintained the shares of XPO in report on Tuesday, January 2 with “Buy” rating. Susquehanna maintained XPO Logistics, Inc. (NYSE:XPO) rating on Thursday, February 8. Susquehanna has “Buy” rating and $109.0 target. The stock of XPO Logistics, Inc. (NYSE:XPO) earned “Buy” rating by Barclays Capital on Tuesday, April 17.

XPO Logistics, Inc. (NYSE:XPO) Institutional Positions Chart

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