XPO Logistics Inc. (NYSE:XPO)’s share price traded down 3% on Thursday . The stock traded as low as $26.30 and last traded at $26.51, with a volume of 1,026,250 shares changing hands. The stock had previously closed at $27.32.

Several equities analysts have weighed in on the company. Zacks Investment Research raised XPO Logistics from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 28th. Citigroup Inc. reaffirmed a “buy” rating and issued a $38.00 target price (up from $33.00) on shares of XPO Logistics in a research report on Thursday, April 14th. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of XPO Logistics in a research report on Monday, April 11th. Wells Fargo & Co. assumed coverage on XPO Logistics in a research report on Tuesday, May 10th. They issued a “buy” rating for the company. Finally, Deutsche Bank AG reaffirmed a “buy” rating on shares of XPO Logistics in a research report on Wednesday, June 22nd. One research analyst has rated the stock with a sell rating, one has given a hold rating and thirteen have given a buy rating to the stock. XPO Logistics currently has a consensus rating of “Buy” and an average target price of $40.50.

The firm’s 50 day moving average price is $27.13 and its 200 day moving average price is $26.93. The stock’s market capitalization is $2.79 billion.

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

In other XPO Logistics news, major shareholder Sector Pension Investme Public sold 4,000,000 shares of the company’s stock in a transaction dated Wednesday, July 13th. The stock was sold at an average price of $26.20, for a total transaction of $104,800,000.00. Following the completion of the sale, the insider now directly owns 9,637,746 shares in the company, valued at $252,508,945.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Other large investors have recently made changes to their positions in the company. State Board of Administration of Florida Retirement System raised 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 valued at $1,268,000 after buying an additional 1,495 shares in the last quarter. Nationwide Fund Advisors raised 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 valued at $1,283,000 after buying an additional 924 shares in the last quarter. Rhumbline Advisers raised 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 valued at $2,111,000 after buying an additional 4,860 shares in the last quarter. Swiss National Bank raised 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 valued at $3,439,000 after buying an additional 21,750 shares in the last quarter. Finally, California State Teachers Retirement System raised 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 valued at $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.

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