XPO Logistics Inc (XPO) Shares Bought by Convergence Investment Partners LLC
- Kelley Robertson
Btc Capital Management Inc who had been investing in Xpo Logistics Inc for a number of months, seems to be bullish on the $11.35 billion market cap company. The stock increased 1.33% or $0.49 during the last trading session, reaching $37.26. About 341,189 shares traded. Unilever N.V. (NYSE:UN) has risen 26.55% since January 18, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.
Larry Foley increased its stake in Xpo Logistics Inc (XPO) by 46.88% based on its latest 2017Q3 regulatory filing with the SEC. The fund owned 183,338 shares of the transportation company's stock after buying an additional 9,338 shares during the quarter. The institutional investor held 50,785 shares of the consumer services company at the end of 2017Q3, valued at $3.44M, up from 45,386 at the end of the previous reported quarter. Vulcan Value Partners Llc who had been investing in Cardinal Health Inc for a number of months, seems to be bullish on the $22.86 billion market cap company.
Shares of XPO Logistics (NYSE:XPO) traded up $2.55 during mid-day trading on Tuesday, hitting $94.64. It also reduced its holding in Express Scripts Hldg Co (Put) (NASDAQ:ESRX) by 1.00 million shares in the quarter, leaving it with 1.00M shares, and cut its stake in Netflix Inc (Call) (NASDAQ:NFLX). BP p.l.c. (NYSE:BP) has risen 15.51% since January 16, 2017 and is uptrending.
Among 40 analysts covering Visa Inc. The business's revenue for the quarter was up 4.7% on a year-over-year basis. sell-side analysts forecast that XPO Logistics will post 1.93 EPS for the current year. Therefore 56% are positive. XPO Logistics had a net margin of 1.11% and a return on equity of 7.01%. Oppenheimer maintained it with "Outperform" rating and $77 target in Monday, November 6 report. The stock has "Outperform" rating by Cowen & Co on Tuesday, May 23. The firm earned "Outperform" rating on Friday, August 7 by FBR Capital. Oppenheimer restated a "buy" rating and set a $75.00 price target on shares of XPO Logistics in a research report on Thursday, October 12th. Oppenheimer reaffirmed a buy rating and set a $75.00 price target on shares of XPO Logistics in a report on Thursday, October 12th. Credit Suisse maintained the stock with "Buy" rating in Thursday, January 11 report. (NYSE:XPO) rating on Friday, August 5. (NYSE:XPO) on Wednesday, August 23 with "Buy" rating. Cowen & Co has "Outperform" rating and $59 target.
Investors sentiment increased to 1.83 in 2017 Q3. Its down 0.10, from 0.98 in 2017Q2.
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Several institutional investors and hedge funds have recently made changes to their positions in the company. Overbrook owns 5,798 shares. Canada Pension Plan Investment Board, a Ontario - Canada-based fund reported 148,084 shares.#img1#. More interesting news about XPO Logistics, Inc. Finally, Convergence Investment Partners LLC lifted its holdings in shares of XPO Logistics by 9.5% during the fourth quarter. Fairfield Bush & holds 14,150 shares or 0.3% of its portfolio. California Public Employees Retirement System owned about 0.15% of XPO Logistics worth $12,427,000 at the end of the most recent quarter. MD boosted its position in shares of XPO Logistics by 10.9% in the third quarter. Bank Of Ny Mellon accumulated 366,878 shares or 0.01% of the stock. (NASDAQ:STKL). Ironwood Management Limited Liability Corp holds 0.79% or 128,704 shares in its portfolio. New England Research Management Incorporated reported 7,550 shares. (NYSE:V) or 417,705 shares. Citigroup holds 15,796 shares. Old West Inv Limited Liability Co stated it has 0.15% in SunOpta Inc.
Shares of XPO Logistics (NYSE XPO) opened at $92.09 on Wednesday. (NYSE:GS) shares. Shares for $754,997 were sold by SOLOMON DAVID M. Shares for $6.13M were sold by SCHWARTZ HARVEY M on Friday, October 20. Fuller And Thaler Asset Management owns 1,500 shares.
Since October 13, 2017, it had 0 insider buys, and 2 selling transactions for $5.47 million activity. MAHON TULLIER KELLY sold $5.65 million worth of stock. It worsened, as 50 investors sold BA shares while 609 reduced holdings.
Analysts await CF Industries Holdings, Inc. (NYSE:CAH). 1St Source Fincl Bank reported 0.19% stake. During the same period past year, the company earned $0.41 earnings per share. XPO's profit would be $51.55M giving it 54.79 P/E if the $0.43 EPS is correct. Finally, L & S Advisors Inc grew its position in XPO Logistics by 3.5% during the 2nd quarter. Two analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Therefore 66% are positive. CoreLogic Inc had 24 analyst reports since September 1, 2015 according to SRatingsIntel. The rating was downgraded by Jefferies on Thursday, April 7 to "Hold". The rating was initiated by Buckingham Research on Tuesday, May 17 with "Buy". Macquarie boosted their price target on shares of XPO Logistics from $80.00 to $105.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 27th. The rating was maintained by Stifel Nicolaus on Wednesday, August 23 with "Buy". The company has an average rating of Buy and a consensus target price of $89.50. The firm has "Market Perform" rating given on Wednesday, January 6 by Raymond James. Eventide Asset Limited Company has 1.92% invested in SunOpta Inc. (NYSE:XPO) has "Overweight" rating given on Monday, July 11 by JP Morgan.
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