XPO Logistics Inc. (NYSE:XPO)’s share price rose 4.4% during mid-day trading on Monday . The stock traded as high as $26.42 and last traded at $26.11, with a volume of 708,628 shares traded. The stock had previously closed at $25.00.

XPO has been the subject of several recent analyst reports. Zacks Investment Research lowered XPO Logistics from a “buy” rating to a “hold” rating in a research report on Wednesday, July 6th. Deutsche Bank AG reaffirmed a “buy” rating on shares of XPO Logistics in a research report on Wednesday, June 22nd. Citigroup Inc. reaffirmed a “buy” rating and issued a $38.00 price target (up previously from $33.00) on shares of XPO Logistics in a research report on Thursday, April 14th. Buckingham Research initiated coverage on XPO Logistics in a research report on Tuesday, May 17th. They issued a “buy” rating and a $38.00 price target for the company. Finally, Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of XPO Logistics in a research report on Wednesday, May 4th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $40.50.

The company’s 50 day moving average is $27.34 and its 200-day moving average is $26.95. The firm’s market capitalization is $3.00 billion.

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

Other large investors recently modified their holdings of the company. State Board of Administration of Florida Retirement System increased its stake 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 during the last quarter. Nationwide Fund Advisors increased its stake 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 during the last quarter. Rhumbline Advisers increased its stake 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 during the last quarter. Swiss National Bank increased its stake 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 during the last quarter. Finally, California State Teachers Retirement System increased its stake 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 during 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.

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