XPO Logistics Inc’s Trend Up, Especially After This Options Activity

 XPO Logistics Inc's Trend Up, Especially After This Options Activity

In today’s session XPO Logistics Inc (XPO) registered an unusually high (1,021) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious XPO increase. With 1,021 contracts traded and 3634 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: XPO161118C00036000 closed last at: $1.4 or 0% . About 776,534 shares traded hands. XPO Logistics Inc (NYSE:XPO) has risen 9.68% since March 28, 2016 and is uptrending. It has outperformed by 4.97% the S&P500.

Analysts await XPO Logistics Inc (NYSE:XPO) to report earnings on November, 2. They expect $0.38 earnings per share, up 353.33% or $0.53 from last year’s $-0.15 per share. XPO’s profit will be $41.48M for 22.06 P/E if the $0.38 EPS becomes a reality. After $0.42 actual earnings per share reported by XPO Logistics Inc for the previous quarter, Wall Street now forecasts -9.52% negative EPS growth.

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 20 analyst reports since August 7, 2015 according to StockzIntelligence Inc. As per Tuesday, September 29, the company rating was maintained by Deutsche Bank. The stock has “Overweight” rating given by JP Morgan on Friday, August 5. On Tuesday, May 17 the stock rating was initiated by Buckingham Research with “Buy”. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, August 11 report. Cowen & Co maintained the shares of XPO in a report on Friday, November 6 with “Outperform” rating. Cowen & Co maintained the shares of XPO in a report on Friday, February 26 with “Outperform” rating. As per Tuesday, February 23, the company rating was initiated by Morgan Stanley. JP Morgan initiated it with “Overweight” rating and $40 target price in Monday, July 11 report. Citigroup reinitiated it with “Buy” rating and $33.0 target price in Wednesday, November 4 report. The stock of XPO Logistics Inc (NYSE:XPO) earned “Buy” rating by Stifel Nicolaus on Friday, August 5.

According to Zacks Investment Research, “XPO Logistics, Inc. is a third-party logistics provider offering expedient, single-source solutions for time-critical and service-sensitive shipments through its non-asset based transportation network. XPO serves customers in the U.S, Canada and Mexico with domestic and international freight destinations. XPO’s suite of logistics services is offered through three brands: expedited surface transportation through Express-1, Inc., domestic and international freight forwarding services through Concert Group Logistics, Inc., and truckload brokerage services through Bounce Logistics, Inc. XPO Logistics, Inc., formerly known as Express-1 Expedited Solutions, Inc., is based in Buchanan, Michigan.”

Insitutional Activity: The institutional sentiment increased to 1.26 in 2016 Q2. Its up 0.23, from 1.03 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.
The New York-based Clearbridge Invests Limited Liability Company has invested 0.04% in XPO Logistics Inc (NYSE:XPO). Springbok Capital Mgmt Lc owns 132,300 shares or 0.49% of their US portfolio. Next Group Inc holds 0% of its portfolio in XPO Logistics Inc (NYSE:XPO) for 230 shares. Strs Ohio has 0% invested in the company for 12,000 shares. Ameritas Invest Prns Incorporated, a Nebraska-based fund reported 7,633 shares. Blackrock Advisors Ltd Liability Co accumulated 0% or 45,497 shares. Finemark State Bank last reported 27 shares in the company. Geode Cap Ltd, a Massachusetts-based fund reported 597,113 shares. Zevenbergen Cap Invs Llc holds 3.84M shares or 4.72% of its portfolio. Highland Capital Lp accumulated 0.07% or 66,349 shares. Glenmede Trust Com Na last reported 1,250 shares in the company. Moreover, Pub Sector Pension Inv Board has 3.92% invested in XPO Logistics Inc (NYSE:XPO) for 13.64M shares. State Board Of Administration Of Florida Retirement holds 44,728 shares or 0% of its portfolio. Fieldpoint Private Advsrs has 66,800 shares for 1.2% of their US portfolio. Manufacturers Life Ins The holds 67,309 shares or 0% of its portfolio.

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

XPO Logistics, Inc. is a transportation and logistics company. The company has a market cap of $3.66 billion. The Firm provides supply chain solutions. It currently has negative earnings. The Firm operates in two divisions: Transportation and Logistics.

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 important recent XPO Logistics Inc (NYSE:XPO) news were published by: Wsj.com which released: “XPO Logistics Sells Truckload Shipping Business to TransForce for $558 Million” on October 27, 2016, also Streetinsider.com published article titled: “XPO Logistics (XPO) Announces $558M Divestiture of American Truckload …”, Wsj.com published: “Some XPO Logistics Workers Vote to Unionize” on October 13, 2016. More interesting news about XPO Logistics Inc (NYSE:XPO) was released by: Prnewswire.com and their article: “How These Services Stocks are Faring? — AerCap, XPO Logistics, Sino-Global …” with publication date: October 24, 2016.

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