XPO Logistics (XPO) PT Set at $103.00 by Bank of America

Mae Love
January 14, 2018

Alta Capital Management Llc sold 14,760 shares as the company's stock declined 0.52% while stock markets rallied. BNP Paribas Arbitrage SA now owns 3,392 shares of the transportation company's stock worth $219,000 after buying an additional 1,129 shares during the period. Point72 Asset Management L.P. raised its holdings in XPO Logistics by 51.3% in the 3rd quarter. The stock increased 0.20% or $0.19 during the last trading session, reaching $95.01. The company had a trading volume of 10,683,961 shares, compared to its average volume of 1,538,371. It has outperformed by 86.57% the S&P500.

Focused Investors Llc increased its stake in Cbs Corporation (CBS) by 43.01% based on its latest 2017Q3 regulatory filing with the SEC. Oak Ridge Investments Llc bought 10,616 shares as the company's stock rose 7.25% with the market. Oppenheimer reissued a "buy" rating and issued a $77.00 target price (up previously from $75.00) on shares of XPO Logistics in a report on Monday, November 6th. About 48,369 shares traded. Bank of America set a $103.00 price objective on XPO Logistics and gave the company a buy rating in a research note on Wednesday, January 3rd. It has underperformed by 1.24% the S&P500.

Among 18 analysts covering Phillips 66 (NYSE:PSX), 8 have Buy rating, 2 Sell and 8 Hold. Therefore 90% are positive. 2 of them rate its stock a hold. The Company's Logistics segment provides contract logistics services, including engineered and customized solutions, value-added warehousing and distribution, cold chain solutions, omni-channel distribution, reverse logistics, transportation management, freight bill audit and payment, lean manufacturing support, aftermarket support, and supply chain optimization solutions to firms and government agencies.

XPO Logistics (NYSE:XPO) last issued its quarterly earnings results on Wednesday, November 1st. Recently, analysts have updated the overall rating to 1.79. The company was upgraded on Monday, November 30 by Raymond James. The rating was maintained by Cowen & Co with "Outperform" on Monday, September 14. The stock now has a consensus rating of "Buy" and an average price target of $78.69. Credit Suisse maintained it with "Outperform" rating and $79 target in Friday, November 3 report. Citigroup maintained the shares of XPO in report on Wednesday, July 5 with "Buy" rating.

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Flagship Harbor Advisors LLC increased its stake in XPO Logistics by 1.6% in the 2nd quarter. During the same quarter in the prior year, the company posted $0.41 earnings per share. equities research analysts anticipate that XPO Logistics will post 1.92 earnings per share for the current year. It improved, as 28 investors sold XPO shares while 76 reduced holdings.

Several institutional investors and hedge funds have recently made changes to their positions in the company. (NYSE:XPO). Guggenheim Capital Ltd Liability, Illinois-based fund reported 36,616 shares. (NYSE:XPO) reached all time high today, Jan, 11 and still has $101.42 target or 8.00% above today's $93.91 share price. X Mngmt Co Lc owns 3,485 shares or 0.01% of their United States portfolio. Cibc Asset Mngmt holds 0% or 3,706 shares in its portfolio. (NYSE:XPO) for 3.07 million shares. (NYSE:XPO) to report earnings on February, 20. Bank of New York Mellon Corp raised its holdings in XPO Logistics by 7.7% in the 3rd quarter. (NYSE:XPO). Envestnet Asset Management owns 16,726 shares. First Mercantile Tru holds 24,440 shares or 0.3% of its portfolio. Grp One Trading Ltd Partnership has invested 0.02% in XPO Logistics, Inc. Rice Hall James And Associate Limited Liability Com reported 0.11% in XPO Logistics, Inc.

Anchorage Capital Group Llc, which manages about $16.82 billion and $9.14B US Long portfolio, decreased its stake in T Mobile Us Inc (NYSE:TMUS) by 600,000 shares to 2.40 million shares, valued at $147.98 million in 2017Q3, according to the filing. The rating was downgraded by Jefferies on Thursday, April 7 to "Hold". Therefore 83% are positive. Verizon Communications Inc. had 63 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has "Market Perform" rating by Cowen & Co given on Monday, March 28. The rating was maintained by Barclays Capital with "Overweight" on Friday, October 27. Zacks has "Hold" rating and $53 target. The company was maintained on Wednesday, January 3 by Bank of America. Deutsche Bank has "Buy" rating and $42 target. (DSW) has a market cap of $1.7 billion and over the last 12 months, DSW Inc. Voya Investment Management holds 1.19M shares. After $0.84 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38% EPS growth. That's a potential 0.05 increase relative to where DSW Inc. Its up 0.01, from 0.82 in 2017Q2. It also reduced its holding in Daseke Inc by 1.19 million shares in the quarter, leaving it with 750,867 shares, and cut its stake in Cbs Corp New (Call) (NYSE:CBS). One Association holds 1.28% or 245,142 shares. Schaper Benz & Wise Investment Counsel Inc Wi has 0.62% invested in Microsoft Corporation (NASDAQ:MSFT). American Century Cos Inc owns 3.07M shares. Piedmont Invest Ltd Company reported 76,856 shares stake. Tanaka Capital Management holds 6.49% or 50,199 shares. ESHDF's SI was 6.98M shares in January as released by FINRA. (NYSE:VZ). Sei owns 1.07M shares. Axiom Invsts Llc De invested in 176,683 shares or 0.27% of the stock. Vanguard Grp owns 415,221 shares or 0% of their USA portfolio. 153,047 were accumulated by Fifth Third Bancorporation. (NYSE:VZ). Frontier Inv Mngmt reported 461,866 shares stake. Amundi Pioneer Asset Management holds 0.07% or 361,360 shares. The insider Ambrosio Anthony G sold $538,673.

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