Aviva PLC lessened its stake in shares of XPO Logistics Inc (NYSE:XPO) by 10.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,387,198 shares of the transportation company’s stock after selling 152,233 shares during the period. XPO Logistics accounts for 1.2% of Aviva PLC’s investment portfolio, making the stock its 17th largest position. Aviva PLC owned 0.06% of XPO Logistics worth $150,700,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Louisiana State Employees Retirement System grew its stake in shares of XPO Logistics by 1.6% in the fourth quarter. Louisiana State Employees Retirement System now owns 91,874 shares of the transportation company’s stock valued at $9,223,000 after buying an additional 1,516 shares during the period. Acorn Wealth Advisors Inc. purchased a new stake in shares of XPO Logistics in the fourth quarter valued at approximately $163,000. US Bancorp DE boosted its position in shares of XPO Logistics by 4.4% in the fourth quarter. US Bancorp DE now owns 27,689 shares of the transportation company’s stock valued at $2,339,000 after purchasing an additional 1,242 shares during the period. US Bancorp DE boosted its position in shares of XPO Logistics by 4.3% in the fourth quarter. US Bancorp DE now owns 29,206 shares of the transportation company’s stock valued at $2,589,000 after purchasing an additional 1,174 shares during the period. Finally, Jacobi Capital Management LLC boosted its position in shares of XPO Logistics by 15.1% in the fourth quarter. Jacobi Capital Management LLC now owns 10,350 shares of the transportation company’s stock valued at $900,000 after purchasing an additional 1,310 shares during the period.

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Shares of NYSE:XPO opened at $67.09 on Friday. XPO Logistics Inc has a 1 year low of $47.94 and a 1 year high of $80.95. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $12.36 billion, a P/E ratio of 48.29, a PEG ratio of 0.88 and a beta of 2.69.

XPO Logistics (NYSE:XPO) last announced its quarterly earnings data on Wednesday, February 6th. The transportation company reported $0.95 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.88 by $0.07. XPO Logistics had a return on equity of 10.42% and a net margin of 1.61%. The business had revenue of $4.81 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the prior year, the firm earned $0.68 EPS. The firm’s revenue for the quarter was up 30.3% compared to the same quarter last year. On average, sell-side analysts forecast that XPO Logistics Inc will post 3.06 earnings per share for the current fiscal year.

Several research firms have recently weighed in on XPO. KeyCorp set a $75.00 price objective on XPO Logistics and gave the company a “buy” rating in a research note on Thursday, December 13th. Citigroup upped their price objective on XPO Logistics from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, February 7th. Credit Suisse Group set a $79.00 price objective on XPO Logistics and gave the company a “buy” rating in a research note on Wednesday, January 30th. Zacks Investment Research upgraded XPO Logistics from a “hold” rating to a “buy” rating and set a $64.00 price objective for the company in a research note on Tuesday, January 29th. Finally, Goldman Sachs Group upped their price objective on XPO Logistics from $70.00 to $76.00 and gave the company a “buy” rating in a research note on Thursday, January 10th. Six equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy