XPO Logistics Inc. (NYSE:XPO)’s share price traded down 1.5% during trading on Wednesday . The company traded as low as $24.98 and last traded at $25.72, with a volume of 802,700 shares traded. The stock had previously closed at $26.10.

A number of equities analysts recently commented on the company. Zacks Investment Research downgraded XPO Logistics from a “buy” rating to a “hold” rating in a report on Wednesday. Deutsche Bank AG restated a “buy” rating on shares of XPO Logistics in a report on Wednesday, June 22nd. Buckingham Research assumed coverage on XPO Logistics in a report on Tuesday, May 17th. They issued a “buy” rating and a $38.00 price objective on the stock. Wells Fargo & Co. assumed coverage on XPO Logistics in a report on Tuesday, May 10th. They issued a “buy” rating on the stock. Finally, Oppenheimer Holdings Inc. restated a “buy” rating on shares of XPO Logistics in a report on Wednesday, May 4th. One research analyst has rated the stock with a sell rating, one has given a hold rating and twelve have issued a buy rating to the company’s stock. XPO Logistics presently has an average rating of “Buy” and an average target price of $40.55.

The firm’s market capitalization is $2.80 billion. The firm’s 50 day moving average is $27.43 and its 200-day moving average is $26.99.

XPO Logistics (NYSE:XPO) last posted its earnings results on Tuesday, May 3rd. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.09. The business had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.56 billion. During the same period in the previous year, the firm posted ($0.13) earnings per share. The firm’s revenue was up 404.4% compared to the same quarter last year. Equities analysts anticipate that XPO Logistics Inc. will post $0.75 EPS for the current fiscal year.

A number of hedge funds and institutional investors have recently modified their holdings of the stock. State Board of Administration of Florida Retirement System raised its position in shares of XPO Logistics by 3.3% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 46,535 shares of the company’s stock worth $1,268,000 after buying an additional 1,495 shares in the last quarter. Nationwide Fund Advisors raised its position in shares of XPO Logistics by 2.0% in the fourth quarter. Nationwide Fund Advisors now owns 47,069 shares of the company’s stock worth $1,283,000 after buying an additional 924 shares in the last quarter. Rhumbline Advisers raised its position in shares of XPO Logistics by 6.7% in the fourth quarter. Rhumbline Advisers now owns 77,478 shares of the company’s stock worth $2,111,000 after buying an additional 4,860 shares in the last quarter. Swiss National Bank raised its position in shares of XPO Logistics by 20.8% in the fourth quarter. Swiss National Bank now owns 126,214 shares of the company’s stock worth $3,439,000 after buying an additional 21,750 shares in the last quarter. Finally, California State Teachers Retirement System raised its position in shares of XPO Logistics by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 132,497 shares of the company’s stock worth $3,611,000 after buying an additional 2,070 shares in the last quarter.

XPO Logistics, Inc is a transportation and logistics company. The Company provides supply chain solutions. The Company operates in two segments: Transportation and Logistics. In the Transportation segment, it provides multiple services to facilitate the movement of raw materials, parts and finished goods.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.