Xpo Logistics INC (XPO) Share Price Rose While Orbis Investment Management Cut Position

May 17, 2018 - By Julie Dion

XPO Logistics, Inc. (NYSE:XPO) LogoInvestors sentiment decreased to 1.42 in 2017 Q4. 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. D E Shaw Inc stated it has 0.15% in XPO Logistics, Inc. (NYSE:XPO). Lpl Ltd Liability Com stated it has 26,936 shares. Paradigm Asset Mngmt Llc owns 300 shares or 0.01% of their US portfolio. Buckingham Cap Mgmt invested 2.56% of its portfolio in XPO Logistics, Inc. (NYSE:XPO). Amer Century Cos Inc stated it has 2.53M shares. Capital Fincl Advisers Ltd Liability Corporation invested in 0.17% or 235,069 shares. 656,595 were accumulated by Jennison Assocs Ltd Limited Liability Company. Macquarie Limited has 0.01% invested in XPO Logistics, Inc. (NYSE:XPO) for 82,198 shares. Alyeska Inv Gru Lp holds 0.09% of its portfolio in XPO Logistics, Inc. (NYSE:XPO) for 116,859 shares. Axiom Intl Invsts Llc De owns 0.36% invested in XPO Logistics, Inc. (NYSE:XPO) for 156,190 shares. Smithfield Com owns 0.01% invested in XPO Logistics, Inc. (NYSE:XPO) for 568 shares. Old Mutual Invsts (Uk) has invested 0% in XPO Logistics, Inc. (NYSE:XPO). E&G Advsr Ltd Partnership holds 0.19% of its portfolio in XPO Logistics, Inc. (NYSE:XPO) for 4,875 shares. Commerzbank Aktiengesellschaft Fi reported 0.01% of its portfolio in XPO Logistics, Inc. (NYSE:XPO). 374,992 were reported by Tiger Eye Cap Ltd.

William B. Gray decreased its stake in Xpo Logistics Inc (XPO) by 14.35% based on its latest 2017Q4 regulatory filing with the SEC. Orbis Investment Management sold 41,649 shares as the company’s stock rose 9.61% while stock markets declined. The hedge fund run by William B. Gray held 248,657 shares of the consumer services company at the end of 2017Q4, valued at $22.77 million, down from 290,306 at the end of the previous reported quarter. Orbis Investment Management who had been investing in Xpo Logistics Inc for a number of months, seems to be less bullish one the $12.88 billion market cap company. The stock increased 0.88% or $0.93 during the last trading session, reaching $106.77. About 424,738 shares traded. XPO Logistics, Inc. (NYSE:XPO) has risen 113.78% since May 17, 2017 and is uptrending. It has outperformed by 102.23% the S&P500.

Orbis Investment Management, which manages about $147.38M US Long portfolio, upped its stake in Symantec Corp (NASDAQ:SYMC) by 285,237 shares to 433,598 shares, valued at $12.17M in 2017Q4, according to the filing.

Analysts await XPO Logistics, Inc. (NYSE:XPO) to report earnings on August, 1. They expect $1.02 EPS, up 70.00 % or $0.42 from last year’s $0.6 per share. XPO’s profit will be $123.06 million for 26.17 P/E if the $1.02 EPS becomes a reality. After $0.61 actual EPS reported by XPO Logistics, Inc. for the previous quarter, Wall Street now forecasts 67.21 % EPS growth.

More important recent XPO Logistics, Inc. (NYSE:XPO) news were published by: Streetinsider.com which released: “Appaloosa 13F Shows New Stake in Wells Fargo (WFC) and Lam Research (LRCX), Increase in Micron (MU) MGM …” on May 15, 2018, also Fool.com published article titled: “XPO Logistics Wants to Level the Retail Playing Field”, Nasdaq.com published: “XPO Logistics Launches Voice-Enabled Tracking for Last Mile Shipments” on April 18, 2018. More interesting news about XPO Logistics, Inc. (NYSE:XPO) was released by: Globenewswire.com and their article: “Research Report Identifies Aceto, Eaton Vance, New Relic, Western Alliance, Alexander & Baldwin, and XPO Logistics …” with publication date: April 26, 2018.

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 22 analyst reports since December 19, 2017 according to SRatingsIntel. Credit Suisse maintained it with “Buy” rating and $106.0 target in Thursday, January 11 report. The stock of XPO Logistics, Inc. (NYSE:XPO) earned “Hold” rating by Stephens on Monday, January 8. The stock of XPO Logistics, Inc. (NYSE:XPO) earned “Buy” rating by KeyBanc Capital Markets on Thursday, January 11. The firm has “Overweight” rating by Morgan Stanley given on Tuesday, February 13. The firm has “Buy” rating by Seaport Global given on Tuesday, January 2. Oppenheimer maintained XPO Logistics, Inc. (NYSE:XPO) on Wednesday, May 9 with “Buy” rating. Susquehanna maintained the shares of XPO in report on Thursday, February 8 with “Buy” rating. As per Monday, April 16, the company rating was maintained by Susquehanna. The stock has “Buy” rating by Bank of America on Wednesday, January 3. The company was maintained on Tuesday, April 17 by Barclays Capital.

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

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