Ontario Teachers Pension Plan Board Has Decreased Position in Xpo Logistics INC (XPO) by $68.25 Million

April 21, 2018 - By Linda Rogers

XPO Logistics, Inc. (NYSE:XPO) LogoInvestors sentiment decreased to 1.42 in 2017 Q4. Its down 0.41, from 1.83 in 2017Q3. It is negative, as 43 investors sold XPO shares while 95 reduced holdings. 84 funds opened positions while 112 raised stakes. 98.73 million shares or 2.06% more from 96.74 million shares in 2017Q3 were reported. Mackay Shields Ltd Liability Corp stated it has 407,902 shares. Hsbc Public Limited has 8,469 shares. Sg Capital Mngmt Ltd Liability, Illinois-based fund reported 191,723 shares. Principal Fin Gru reported 0% in XPO Logistics, Inc. (NYSE:XPO). Price Michael F holds 183,000 shares. Gofen Glossberg Il stated it has 0.01% in XPO Logistics, Inc. (NYSE:XPO). Benchmark Capital owns 0.29% invested in XPO Logistics, Inc. (NYSE:XPO) for 4,100 shares. Sta Wealth Mngmt Ltd Liability reported 4,044 shares or 0.1% of all its holdings. Axiom Invsts Llc De owns 156,190 shares. Earnest Partners Lc reported 85 shares. Millennium Management Ltd Limited Liability Company has 1.56M shares. Metropolitan Life Ins Co New York holds 7,420 shares. Lagoda Investment Management Limited Partnership has 56,878 shares for 1.98% of their portfolio. M&T Financial Bank holds 0.01% in XPO Logistics, Inc. (NYSE:XPO) or 29,120 shares. Creative Planning owns 3,720 shares for 0% of their portfolio.

Ontario Teachers Pension Plan Board decreased its stake in Xpo Logistics Inc (XPO) by 22.65% based on its latest 2017Q4 regulatory filing with the SEC. Ontario Teachers Pension Plan Board sold 750,000 shares as the company’s stock rose 9.61% while stock markets declined. The institutional investor held 2.56M shares of the consumer services company at the end of 2017Q4, valued at $234.62 million, down from 3.31M at the end of the previous reported quarter. Ontario Teachers Pension Plan Board who had been investing in Xpo Logistics Inc for a number of months, seems to be less bullish one the $12.53B market cap company. The stock decreased 1.84% or $1.96 during the last trading session, reaching $104.44. About 1.40 million shares traded. XPO Logistics, Inc. (NYSE:XPO) has risen 113.78% since April 21, 2017 and is uptrending. It has outperformed by 102.23% the S&P500.

Ontario Teachers Pension Plan Board, which manages about $8.12B US Long portfolio, upped its stake in Amgen Inc (NASDAQ:AMGN) by 24,851 shares to 96,697 shares, valued at $16.82 million in 2017Q4, according to the filing. It also increased its holding in Cboe Global Markets Inc (NASDAQ:CBOE) by 51,837 shares in the quarter, for a total of 175,155 shares, and has risen its stake in Jpmorgan Chase & Co (NYSE:JPM).

Analysts await XPO Logistics, Inc. (NYSE:XPO) to report earnings on May, 2 after the close. They expect $0.53 EPS, up 76.67 % or $0.23 from last year’s $0.3 per share. XPO’s profit will be $63.57M for 49.26 P/E if the $0.53 EPS becomes a reality. After $0.45 actual EPS reported by XPO Logistics, Inc. for the previous quarter, Wall Street now forecasts 17.78 % EPS growth.

XPO Logistics, Inc. (NYSE:XPO) Ratings Coverage

Among 15 analysts covering XPO Logistics (NYSE:XPO), 13 have Buy rating, 0 Sell and 2 Hold. Therefore 87% are positive. XPO Logistics has $133 highest and $77 lowest target. $106.93’s average target is 2.38% above currents $104.44 stock price. XPO Logistics had 26 analyst reports since November 1, 2017 according to SRatingsIntel. Susquehanna maintained the stock with “Buy” rating in Thursday, February 8 report. The company was maintained on Tuesday, February 13 by Morgan Stanley. On Tuesday, December 19 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by Susquehanna with “Buy” on Monday, April 16. The company was maintained on Tuesday, April 17 by Barclays Capital. Stephens maintained the stock with “Hold” rating in Friday, February 9 report. The firm has “Buy” rating by Cowen & Co given on Friday, November 3. The rating was maintained by Stephens on Monday, January 8 with “Hold”. The firm earned “Buy” rating on Thursday, January 11 by KeyBanc Capital Markets. Bank of America maintained XPO Logistics, Inc. (NYSE:XPO) on Wednesday, January 3 with “Buy” rating.

XPO Logistics, Inc. (NYSE:XPO) Institutional Positions Chart

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