Today’s Stock On Watch: Time to Reconsider Xpo Logistics Incorporated (NYSE:XPO) After More Short Sellers?

November 22, 2016 - By Vivian Park   ·   0 Comments

Today's Stock On Watch: Time to Reconsider Xpo Logistics Incorporated (NYSE:XPO) After More Short Sellers?

The stock of Xpo Logistics Incorporated (NYSE:XPO) registered an increase of 3.85% in short interest. XPO’s total short interest was 16.71 million shares in November as published by FINRA. Its up 3.85% from 16.09M shares, reported previously. With 1.22M shares average volume, it will take short sellers 14 days to cover their XPO’s short positions. The short interest to Xpo Logistics Incorporated’s float is 19.83%. The stock decreased 0.05% or $0.02 during the last trading session, hitting $42.23. XPO Logistics Inc (NYSE:XPO) has risen 25.42% since April 20, 2016 and is uptrending. It has outperformed by 20.87% the S&P500.

XPO Logistics, Inc. is a transportation and logistics company. The company has a market cap of $4.71 billion. The Firm provides supply chain solutions. It currently has negative earnings. The Firm operates in two divisions: Transportation and Logistics.

Insitutional Activity: The institutional sentiment increased to 1.59 in 2016 Q2. Its up 0.33, from 1.26 in 2016Q1. The ratio increased, as 31 funds sold all XPO Logistics Inc shares owned while 42 reduced positions. 23 funds bought stakes while 69 increased positions. They now own 79.72 million shares or 1.50% more from 78.54 million shares in 2016Q1.
Moreover, Qci Asset Mgmt has 0% invested in XPO Logistics Inc (NYSE:XPO) for 50 shares. Boston Ptnrs has 0% invested in the company for 74,446 shares. Tci Wealth Advsrs Inc accumulated 0.02% or 1,278 shares. Plante Moran Advsrs Lc last reported 18,069 shares in the company. Highland Cap Limited Partnership has invested 0.07% of its portfolio in XPO Logistics Inc (NYSE:XPO). Geode Capital Management Lc has 0.01% invested in the company for 597,113 shares. Price T Rowe Inc Md has invested 0% of its portfolio in XPO Logistics Inc (NYSE:XPO). Employees Retirement Association Of Colorado holds 21,772 shares or 0% of its portfolio. Brown Brothers Harriman, a New York-based fund reported 218,689 shares. Cupps Capital Mgmt Ltd has invested 0.25% of its portfolio in XPO Logistics Inc (NYSE:XPO). The Washington-based Parametric Portfolio Assocs Ltd Liability Com has invested 0% in XPO Logistics Inc (NYSE:XPO). The New York-based Vollero Beach Prns Ltd Liability Corp has invested 0.32% in XPO Logistics Inc (NYSE:XPO). Invesco has 0% invested in the company for 46,797 shares. Weiss Multi, a Alabama-based fund reported 625,964 shares. Blair William & Il owns 9,310 shares or 0% of their US portfolio.

Insider Transactions: Since August 8, 2016, the stock had 0 insider purchases, and 1 sale for $20.25 million net activity. 550,000 XPO Logistics Inc (NYSE:XPO) shares with value of $20.25 million were sold by GIC Private Ltd.

XPO Logistics Inc (NYSE:XPO) Ratings Coverage

Out of 10 analysts covering XPO Logistics (NYSE:XPO), 10 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. XPO Logistics has been the topic of 21 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating by JP Morgan given on Friday, August 5. The firm has “Overweight” rating given on Monday, July 11 by JP Morgan. Buckingham Research initiated the shares of XPO in a report on Tuesday, May 17 with “Buy” rating. The stock of XPO Logistics Inc (NYSE:XPO) has “Outperform” rating given on Monday, September 14 by Cowen & Co. The rating was initiated by Deutsche Bank on Wednesday, November 2 with “Buy”. The rating was maintained by Oppenheimer with “Outperform” on Tuesday, August 9. Cowen & Co maintained the shares of XPO in a report on Friday, August 5 with “Outperform” rating. The company was maintained on Friday, February 26 by Cowen & Co. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, August 5 report. The stock has “Outperform” rating given by Cowen & Co on Friday, November 6.

XPO Company Profile

XPO Logistics, Inc., incorporated on May 8, 2000, is a transportation and logistics company. The Firm provides supply chain solutions. The Firm operates in two divisions: Transportation and Logistics. All of the Company’s businesses operate as the single global brand of XPO Logistics.

More news for XPO Logistics Inc (NYSE:XPO) were recently published by: Wsj.com, which released: “XPO Logistics Sells Truckload Shipping Business to TransForce for $558 Million” on October 27, 2016. Fool.com‘s article titled: “XPO Logistics Jumps Higher on Strong Earnings Growth, Future Guidance” and published on November 03, 2016 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Vivian Park


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>