Investors sold shares of XPO Logistics Inc (NYSE:XPO) on strength during trading hours on Tuesday. $27.32 million flowed into the stock on the tick-up and $80.73 million flowed out of the stock on the tick-down, for a money net flow of $53.41 million out of the stock. Of all equities tracked, XPO Logistics had the 0th highest net out-flow for the day. XPO Logistics traded up $1.58 for the day and closed at $104.46
Several analysts recently issued reports on the stock. ValuEngine upgraded shares of XPO Logistics from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Deutsche Bank set a $133.00 price target on shares of XPO Logistics and gave the stock a “buy” rating in a research report on Sunday, February 25th. Vetr lowered shares of XPO Logistics from a “strong-buy” rating to a “buy” rating and set a $106.35 price target on the stock. in a research report on Monday, February 26th. Zacks Investment Research lowered shares of XPO Logistics from a “buy” rating to a “hold” rating in a research report on Saturday, January 13th. Finally, KeyCorp reiterated a “buy” rating and set a $110.00 price target on shares of XPO Logistics in a research report on Friday, January 12th. Two investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. XPO Logistics has a consensus rating of “Buy” and a consensus price target of $96.60.
The firm has a market cap of $12,338.73, a P/E ratio of 43.50, a P/E/G ratio of 1.03 and a beta of 2.41. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.11.
Hedge funds have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. bought a new position in shares of XPO Logistics during the third quarter valued at $102,000. Benjamin F. Edwards & Company Inc. bought a new position in shares of XPO Logistics during the fourth quarter valued at $172,000. Oak Point Wealth Management bought a new position in shares of XPO Logistics during the fourth quarter valued at $220,000. Pillar Pacific Capital Management LLC bought a new position in shares of XPO Logistics during the fourth quarter valued at $224,000. Finally, Commonwealth Equity Services Inc bought a new position in shares of XPO Logistics during the third quarter valued at $230,000.
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XPO Logistics Company 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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