Kirr Marbach & Co. LLC IN Increases Stake in XPO Logistics, Inc. (NYSE:XPO)

Kirr Marbach & Co. LLC IN raised its position in shares of XPO Logistics, Inc. (NYSE:XPO) by 48.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,335 shares of the transportation company’s stock after buying an additional 4,025 shares during the period. Kirr Marbach & Co. LLC IN’s holdings in XPO Logistics were worth $797,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in XPO. Envestnet Asset Management Inc. increased its stake in XPO Logistics by 461.3% in the first quarter. Envestnet Asset Management Inc. now owns 2,425 shares of the transportation company’s stock worth $116,000 after buying an additional 1,993 shares during the last quarter. Advisors Asset Management Inc. increased its stake in XPO Logistics by 63.5% in the first quarter. Advisors Asset Management Inc. now owns 2,526 shares of the transportation company’s stock worth $121,000 after buying an additional 981 shares during the last quarter. Bank of Montreal Can increased its stake in XPO Logistics by 8.8% in the first quarter. Bank of Montreal Can now owns 2,990 shares of the transportation company’s stock worth $143,000 after buying an additional 241 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in XPO Logistics by 8.1% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,818 shares of the transportation company’s stock worth $165,000 after buying an additional 286 shares during the last quarter. Finally, FTB Advisors Inc. acquired a new stake in XPO Logistics during the first quarter worth $196,000. Institutional investors own 88.06% of the company’s stock.

Shares of XPO Logistics, Inc. (NYSE:XPO) traded up 1.16% during mid-day trading on Friday, hitting $55.63. 1,712,815 shares of the company traded hands. XPO Logistics, Inc. has a 1-year low of $31.68 and a 1-year high of $65.44. The stock has a market capitalization of $6.55 billion, a PE ratio of 63.72 and a beta of 2.31. The firm’s 50 day moving average price is $60.94 and its 200-day moving average price is $53.43.

XPO Logistics (NYSE:XPO) last announced its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $0.60 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.60. The business had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.76 billion. XPO Logistics had a net margin of 0.80% and a return on equity of 6.49%. The company’s revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.42 EPS. On average, equities research analysts forecast that XPO Logistics, Inc. will post $1.92 EPS for the current year.

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Several research analysts have commented on the stock. Zacks Investment Research upgraded shares of XPO Logistics from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a research report on Friday, July 7th. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $63.00 price objective (up from $58.00) on shares of XPO Logistics in a research report on Friday, May 12th. Stifel Nicolaus restated a “buy” rating and set a $78.00 price objective (up from $65.00) on shares of XPO Logistics in a research report on Tuesday, July 11th. BidaskClub downgraded shares of XPO Logistics from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. Finally, KeyCorp boosted their price objective on shares of XPO Logistics from $60.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, June 28th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. XPO Logistics currently has an average rating of “Buy” and a consensus target price of $66.73.

About XPO Logistics

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.

Institutional Ownership by Quarter for XPO Logistics (NYSE:XPO)

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