SG Americas Securities LLC Has $707,000 Holdings in XPO Logistics, Inc. (NYSE:XPO)

SG Americas Securities LLC decreased its stake in shares of XPO Logistics, Inc. (NYSE:XPOGet Rating) by 62.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,714 shares of the transportation company’s stock after selling 16,279 shares during the quarter. SG Americas Securities LLC’s holdings in XPO Logistics were worth $707,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of XPO. AE Wealth Management LLC increased its holdings in shares of XPO Logistics by 6.2% during the first quarter. AE Wealth Management LLC now owns 3,138 shares of the transportation company’s stock valued at $228,000 after acquiring an additional 183 shares in the last quarter. First Citizens Bank & Trust Co. increased its stake in XPO Logistics by 7.7% during the 4th quarter. First Citizens Bank & Trust Co. now owns 3,019 shares of the transportation company’s stock valued at $234,000 after purchasing an additional 216 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in XPO Logistics by 6.8% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,913 shares of the transportation company’s stock worth $299,000 after buying an additional 249 shares during the last quarter. Deseret Mutual Benefit Administrators lifted its stake in shares of XPO Logistics by 216.0% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 395 shares of the transportation company’s stock valued at $31,000 after buying an additional 270 shares in the last quarter. Finally, Stratos Wealth Partners LTD. grew its holdings in shares of XPO Logistics by 8.0% during the first quarter. Stratos Wealth Partners LTD. now owns 3,840 shares of the transportation company’s stock valued at $280,000 after buying an additional 284 shares during the last quarter. Institutional investors own 99.18% of the company’s stock.

Insider Activity at XPO Logistics

In other XPO Logistics news, CEO S Jacobs Bradley sold 6,471 shares of the firm’s stock in a transaction that occurred on Monday, July 18th. The shares were sold at an average price of $50.06, for a total transaction of $323,938.26. Following the completion of the transaction, the chief executive officer now owns 6,461,730 shares of the company’s stock, valued at $323,474,203.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 11.20% of the stock is currently owned by corporate insiders.

XPO Logistics Stock Performance

NYSE:XPO opened at $59.04 on Wednesday. The stock has a market cap of $6.79 billion, a P/E ratio of 9.58, a PEG ratio of 0.86 and a beta of 2.06. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.80. The business’s 50-day moving average price is $50.93 and its two-hundred day moving average price is $59.60. XPO Logistics, Inc. has a twelve month low of $45.09 and a twelve month high of $90.78.

XPO Logistics (NYSE:XPOGet Rating) last issued its earnings results on Monday, May 9th. The transportation company reported $1.25 EPS for the quarter, topping the consensus estimate of $0.94 by $0.31. The company had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.22 billion. XPO Logistics had a net margin of 4.68% and a return on equity of 36.79%. The firm’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.46 earnings per share. As a group, equities analysts predict that XPO Logistics, Inc. will post 5.57 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on XPO. Susquehanna dropped their price target on shares of XPO Logistics from $97.00 to $96.00 in a research report on Wednesday, May 11th. TheStreet cut XPO Logistics from a “b” rating to a “c” rating in a research report on Monday, May 9th. StockNews.com raised XPO Logistics from a “hold” rating to a “buy” rating in a research report on Thursday, June 16th. Citigroup cut their price objective on shares of XPO Logistics from $92.00 to $75.00 in a report on Tuesday, May 10th. Finally, Evercore ISI lowered their target price on shares of XPO Logistics from $83.00 to $67.00 in a report on Tuesday, July 12th. One analyst has rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $90.55.

XPO Logistics Company Profile

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XPO Logistics, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and Brokerage and Other Services. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite regional, inter-regional, and transcontinental LTL freight services.

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Institutional Ownership by Quarter for XPO Logistics (NYSE:XPO)

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