Public Employees Retirement Association of Colorado lifted its stake in shares of XPO Logistics Inc (NYSE:XPO) by 3.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 24,359 shares of the transportation company’s stock after buying an additional 818 shares during the period. Public Employees Retirement Association of Colorado’s holdings in XPO Logistics were worth $2,231,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the company. Advisors Capital Management LLC raised its position in shares of XPO Logistics by 1.4% during the 4th quarter. Advisors Capital Management LLC now owns 43,090 shares of the transportation company’s stock worth $3,947,000 after purchasing an additional 587 shares during the period. Sit Investment Associates Inc. raised its position in shares of XPO Logistics by 2.7% during the 4th quarter. Sit Investment Associates Inc. now owns 25,505 shares of the transportation company’s stock worth $2,336,000 after purchasing an additional 676 shares during the period. Aperio Group LLC raised its position in shares of XPO Logistics by 9.7% during the 4th quarter. Aperio Group LLC now owns 13,155 shares of the transportation company’s stock worth $1,205,000 after purchasing an additional 1,159 shares during the period. Middleton & Co Inc MA raised its position in shares of XPO Logistics by 12.7% during the 3rd quarter. Middleton & Co Inc MA now owns 10,305 shares of the transportation company’s stock worth $698,000 after purchasing an additional 1,160 shares during the period. Finally, K.J. Harrison & Partners Inc acquired a new stake in shares of XPO Logistics during the 3rd quarter worth approximately $847,000.

XPO Logistics Inc (NYSE XPO) opened at $93.47 on Thursday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.23 and a quick ratio of 1.23. The stock has a market capitalization of $11,210.00, a P/E ratio of 38.78, a P/E/G ratio of 0.96 and a beta of 2.55. XPO Logistics Inc has a fifty-two week low of $44.51 and a fifty-two week high of $98.37.

XPO Logistics (NYSE:XPO) last issued its quarterly earnings results on Wednesday, February 7th. The transportation company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $3.90 billion. XPO Logistics had a return on equity of 7.66% and a net margin of 2.11%. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. During the same period last year, the company posted $0.24 EPS. analysts anticipate that XPO Logistics Inc will post 3.21 earnings per share for the current fiscal year.

XPO has been the topic of a number of research reports. Deutsche Bank reiterated a “buy” rating on shares of XPO Logistics in a research report on Thursday, December 28th. Bank of America set a $103.00 price target on XPO Logistics and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Zacks Investment Research cut XPO Logistics from a “buy” rating to a “hold” rating in a research report on Saturday, January 13th. Oppenheimer reiterated a “buy” rating and set a $104.00 price target on shares of XPO Logistics in a research report on Tuesday, January 9th. Finally, Vetr upgraded XPO Logistics from a “buy” rating to a “strong-buy” rating and set a $98.77 price target on the stock in a research report on Thursday, February 8th. Three analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $96.20.

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XPO Logistics 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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