In today’s session XPO Logistics Inc (XPO) registered an unusually high (298) 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 298 contracts traded and 14524 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: XPO161118C00035000 closed last at: $1.45 or 52.6% up. About 622,862 shares traded hands. XPO Logistics Inc (NYSE:XPO) has risen 18.20% since April 5, 2016 and is uptrending. It has outperformed by 16.24% the S&P500.
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 company was initiated on Tuesday, February 23 by Morgan Stanley. The rating was maintained by Cowen & Co on Friday, August 5 with “Outperform”. The rating was maintained by Stifel Nicolaus on Friday, August 5 with “Buy”. The firm has “Overweight” rating given on Monday, July 11 by JP Morgan. Oppenheimer maintained the shares of XPO in a report on Tuesday, August 9 with “Outperform” rating. The company was maintained on Monday, September 14 by Cowen & Co. The firm has “Buy” rating by Buckingham Research given on Tuesday, May 17. Oppenheimer maintained XPO Logistics Inc (NYSE:XPO) rating on Wednesday, September 30. Oppenheimer has “Outperform” rating and $33.0 price target. The firm has “Outperform” rating given on Friday, September 11 by FBR Capital. On Wednesday, November 11 the stock rating was maintained by Oppenheimer with “Outperform”.
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 improved, 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.
Kirr Marbach And Lc In owns 10,910 shares or 0.06% of their US portfolio. Deutsche Bank Ag, a Germany-based fund reported 148,334 shares. Qci Asset Management Ny, a New York-based fund reported 50 shares. Moreover, Luminus Management has 1.89% invested in XPO Logistics Inc (NYSE:XPO) for 2.50 million shares. Webster Bank N A has 0.05% invested in the company for 12,520 shares. Eventide Asset Mgmt, a Massachusetts-based fund reported 1.62 million shares. Macquarie Grp Incorporated Ltd holds 0.03% of its portfolio in XPO Logistics Inc (NYSE:XPO) for 611,184 shares. Blackrock Grp Inc Limited has invested 0% of its portfolio in XPO Logistics Inc (NYSE:XPO). Tributary Limited holds 0.04% of its portfolio in XPO Logistics Inc (NYSE:XPO) for 11,400 shares. Moreover, Camarda Fin Advisors Limited Liability Corp has 0.01% invested in XPO Logistics Inc (NYSE:XPO) for 500 shares. Ladenburg Thalmann Services accumulated 1,319 shares or 0% of the stock. Pictet Asset Management accumulated 40,873 shares or 0% of the stock. Dimensional Fund L P reported 2.03M shares or 0.03% of all its holdings. Middleton & Ma holds 0.14% of its portfolio in XPO Logistics Inc (NYSE:XPO) for 22,985 shares. Cupps Cap Mngmt Ltd Limited Liability Company has invested 0.25% of its portfolio in XPO Logistics Inc (NYSE:XPO).
Insider Transactions: Since August 8, 2016, the stock had 0 insider buys, and 1 insider sale for $20.25 million net activity. The insider GIC Private Ltd sold $20.25M.
XPO Logistics, Inc. is a transportation and logistics company. The company has a market cap of $3.90 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 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 Wsj.com published the news titled: “Some XPO Logistics Workers Vote to Unionize” on October 13, 2016. Fool.com‘s news article titled: “XPO Logistics Jumps Higher on Strong Earnings Growth, Future Guidance” with publication date: November 03, 2016 was also an interesting one.
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