As Xpo Logistics (XPO) Valuation Rose, Shareholder Senator Investment Group LP Raised Position; Private Bank & Trust Co Increased Abbvie (ABBV) Holding by $579,040; Shares Declined

June 20, 2018 - By Maria Brooks

XPO Logistics, Inc. (NYSE:XPO) Logo

Doug Silverman increased its stake in Xpo Logistics Inc (XPO) by 40% based on its latest 2018Q1 regulatory filing with the SEC. Senator Investment Group Lp bought 400,000 shares as the company’s stock rose 9.70% while stock markets declined. The hedge fund run by Doug Silverman held 1.40 million shares of the consumer services company at the end of 2018Q1, valued at $142.53M, up from 1.00 million at the end of the previous reported quarter. Senator Investment Group Lp who had been investing in Xpo Logistics Inc for a number of months, seems to be bullish on the $13.64 billion market cap company. The stock increased 1.14% or $1.27 during the last trading session, reaching $113.08. About 818,852 shares traded. XPO Logistics, Inc. (NYSE:XPO) has risen 102.78% since June 20, 2017 and is uptrending. It has outperformed by 90.21% the S&P500. Some Historical XPO News: 19/03/2018 – XPO LOGISTICS REPORTS OVER $450M ANNUAL TECHNOLOGY INVESTMENT; 17/05/2018 – XPO Logistics Favored by 10 Hedge Funds, 13Fs Show; 07/03/2018 – CAFC: XPO LOGISTICS WORLDWIDE v. US [RULE 36 JUDGMENT] – Appeal #17-2506 – 2018-03-07; 31/05/2018 – XPO Logistics to Invest Up to $90 Million in Road Fleet in North America; 31/05/2018 – XPO LOGISTICS INC – EXPECTS TO INTEGRATE NEW UNITS INTO ITS FLEET THROUGHOUT THE YEAR; 11/04/2018 – XPO software offers shippers real-time cargo tracking; 02/05/2018 – XPO Logistics 1Q Net $66.9M; 02/05/2018 – XPO LOGISTICS 1Q ADJ EPS 61C, EST. 51C; 14/05/2018 – DRIVERS AT XPO IN ERIE, PA SEEK TEAMSTER REPRESENTATION:UNION; 18/04/2018 – REG-XPO Logistics Launches Voice-Enabled Tracking for Last Mile Shipments

Gregg J. Powers increased its stake in Abbvie Inc (ABBV) by 15.57% based on its latest 2018Q1 regulatory filing with the SEC. Private Bank & Trust Co bought 6,160 shares as the company’s stock declined 16.83% with the market. The hedge fund run by Gregg J. Powers held 45,730 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $4.33M, up from 39,570 at the end of the previous reported quarter. Private Bank & Trust Co who had been investing in Abbvie Inc for a number of months, seems to be bullish on the $148.91 billion market cap company. The stock increased 0.35% or $0.34 during the last trading session, reaching $98.35. About 4.05M shares traded. AbbVie Inc. (NYSE:ABBV) has risen 52.41% since June 20, 2017 and is uptrending. It has outperformed by 39.84% the S&P500. Some Historical ABBV News: 09/04/2018 – STAT Plus: With positive Keytruda data, Merck scrambles the market for lung cancer immunotherapies; 22/03/2018 – AbbVie in $25bn wipeout after cancer drug results; 23/04/2018 – Merck: EMA Validates Type II Variation for KEYTRUDA in Combination With Pemetrexed and Platinum Chemotherapy; 22/03/2018 – ABBVIE INC – ROVA-T DEMONSTRATED SINGLE AGENT RESPONSES IN ADVANCED SCLC PATIENTS; 23/05/2018 – MERCK & CO INC – SAFETY PROFILE OF KEYTRUDA IN COMBINATION WAS CONSISTENT WITH THAT PREVIOUSLY OBSERVED IN LUNG CANCER; 16/04/2018 – Cyclacel Pharmaceuticals: Will Soon Start Clinical Study Testing CYC065 Combined With Venetoclax in Patients With Relapsed/refractory Chronic Lymphocytic Leukemia; 08/05/2018 – ONCOSEC MEDICAL SAYS UNDER COLLABORATION AGREEMENT, ONCOSEC WILL SPONSOR, FUND STUDY AND MERCK WILL PROVIDE KEYTRUDA; 17/05/2018 – Syndax Announces Updated Results from Phase 2 ENCORE 601 Trial of Entinostat in Combination with KEYTRUDA┬« (pembrolizumab); 18/05/2018 – FDA ISSUES ALERT ON ISSUE FOUND IN TRIALS ON KEYTRUDA,TECENTRIQ; 17/04/2018 – CYCLACEL’S CYC065 CDK INHIBITOR SHOWS SYNERGY WITH VENETOCLAX

Private Bank & Trust Co, which manages about $3.20B and $732.22 million US Long portfolio, decreased its stake in Ishares (EFA) by 55,274 shares to 1.46 million shares, valued at $101.70 million in 2018Q1, according to the filing. It also reduced its holding in Etracs (MLPI) by 225,276 shares in the quarter, leaving it with 1.47 million shares, and cut its stake in Vanguard (VNQ).

Investors sentiment decreased to 0.7 in 2018 Q1. Its down 0.10, from 0.8 in 2017Q4. It turned negative, as 61 investors sold ABBV shares while 737 reduced holdings. 127 funds opened positions while 428 raised stakes. 1.06 billion shares or 0.67% less from 1.06 billion shares in 2017Q4 were reported. First Comml Bank Of Mount Dora Trust Investment Services reported 64,049 shares. Moreover, Barclays Public Ltd Llc has 0.26% invested in AbbVie Inc. (NYSE:ABBV). Pictet North America Advsr accumulated 5,177 shares or 0.07% of the stock. Hwg Hldgs Limited Partnership owns 0.89% invested in AbbVie Inc. (NYSE:ABBV) for 10,104 shares. Lvw Ltd Llc reported 30,324 shares stake. Advsrs Ltd Limited Liability owns 1,057 shares for 0.03% of their portfolio. Amer Assets Mgmt Limited Liability has 0.83% invested in AbbVie Inc. (NYSE:ABBV). Roundview Limited Company reported 8,851 shares or 0.24% of all its holdings. Goldman Sachs Grp Inc holds 13.20M shares. Cypress Cap Management Limited (Wy) invested in 0.1% or 878 shares. Palisade Asset Ltd Liability Corporation has invested 1.02% of its portfolio in AbbVie Inc. (NYSE:ABBV). Mark Sheptoff Finance Planning Ltd reported 43,315 shares. Regal Invest Advsrs Lc, Michigan-based fund reported 76,584 shares. One Trading Lp has 0.04% invested in AbbVie Inc. (NYSE:ABBV) for 40,383 shares. Deutsche National Bank & Trust Ag holds 7.10 million shares.

Among 24 analysts covering Abbvie Inc (NYSE:ABBV), 9 have Buy rating, 3 Sell and 12 Hold. Therefore 38% are positive. Abbvie Inc had 96 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Wednesday, June 8 by Morgan Stanley. Leerink Swann initiated AbbVie Inc. (NYSE:ABBV) rating on Tuesday, October 18. Leerink Swann has “Mkt Perform” rating and $70 target. As per Wednesday, April 19, the company rating was maintained by BMO Capital Markets. Leerink Swann maintained AbbVie Inc. (NYSE:ABBV) on Monday, October 30 with “Outperform” rating. The rating was maintained by Jefferies with “Buy” on Thursday, January 4. The rating was initiated by Raymond James with “Outperform” on Friday, September 2. TheStreet upgraded the stock to “Buy” rating in Tuesday, August 11 report. The company was maintained on Monday, November 20 by Cowen & Co. The rating was downgraded by Barclays Capital on Tuesday, December 1 to “Equal-Weight”. On Monday, April 30 the stock rating was maintained by Morgan Stanley with “Equal-Weight”.

Since February 19, 2018, it had 0 buys, and 9 insider sales for $25.06 million activity. On Wednesday, February 28 CHASE WILLIAM J sold $8.31 million worth of AbbVie Inc. (NYSE:ABBV) or 70,928 shares. Michael Robert A. sold $512,853 worth of stock or 4,294 shares. Shares for $976,084 were sold by GONZALEZ RICHARD A. The insider Schumacher Laura J sold 25,000 shares worth $2.95 million. RICHMOND TIMOTHY J. sold 18,129 shares worth $2.15M. SALEKI-GERHARDT AZITA sold 1,337 shares worth $157,458.

More notable recent AbbVie Inc. (NYSE:ABBV) news were published by: Seekingalpha.com which released: “AbbVie: Forget Humira Concerns And Hold On To This Pharma Giant” on June 18, 2018, also Seekingalpha.com with their article: “Translate Bio readies IPO” published on June 02, 2018, Seekingalpha.com published: “AbbVie: Growth And Dividend In One Package” on June 15, 2018. More interesting news about AbbVie Inc. (NYSE:ABBV) were released by: Seekingalpha.com and their article: “Premarket analyst action – healthcare” published on June 01, 2018 as well as Fool.com‘s news article titled: “5 Experimental New Drugs That Could Be Worth $47 Billion” with publication date: June 20, 2018.

More important recent XPO Logistics, Inc. (NYSE:XPO) news were published by: Fool.com which released: “Is There a Speed Bump Ahead for XPO Logistics?” on June 13, 2018, also Investorplace.com published article titled: “XPO Logistics Inc Is an Unknown Stock That Should Be in Your Top 5”, Globenewswire.com published: “Consolidated Research: 2018 Summary Expectations for KAR Auction Services, XPO Logistics, La-Z-Boy, Southwest …” on June 20, 2018. More interesting news about XPO Logistics, Inc. (NYSE:XPO) was released by: Fool.com and their article: “3 Growth Stocks That Could Put Netflix’s Returns to Shame” with publication date: June 19, 2018.

Investors sentiment decreased to 1.04 in Q1 2018. Its down 0.38, from 1.42 in 2017Q4. It dived, as 35 investors sold XPO shares while 136 reduced holdings. 75 funds opened positions while 102 raised stakes. 94.39 million shares or 4.39% less from 98.73 million shares in 2017Q4 were reported. Ascend Capital Ltd Liability Corp has 1.06% invested in XPO Logistics, Inc. (NYSE:XPO) for 254,967 shares. Bokf Na holds 0.05% in XPO Logistics, Inc. (NYSE:XPO) or 18,916 shares. New York-based M&T Retail Bank has invested 0.02% in XPO Logistics, Inc. (NYSE:XPO). Tci Wealth Advisors has invested 0.06% in XPO Logistics, Inc. (NYSE:XPO). Engineers Gate Manager Lp invested in 33,141 shares or 0.22% of the stock. Neuberger Berman Group Ltd Limited Liability Company holds 0.03% or 280,374 shares in its portfolio. 72,790 were accumulated by Crystal Rock Cap. Boston Ptnrs holds 0% of its portfolio in XPO Logistics, Inc. (NYSE:XPO) for 35,686 shares. 72,585 were reported by Macguire Cheswick Tuttle Inv Counsel Ltd Liability Company. Sheets Smith Wealth Management owns 6,693 shares. Picton Mahoney Asset Management reported 174,900 shares. Moreover, Usa Portformulas has 0.21% invested in XPO Logistics, Inc. (NYSE:XPO). Regions Fincl Corporation accumulated 2,154 shares or 0% of the stock. Fmr Ltd reported 5.31M shares stake. First Bancorporation Of Omaha reported 0.05% stake.

Senator Investment Group Lp, which manages about $11.90B and $8.41 billion US Long portfolio, decreased its stake in D R Horton Inc (NYSE:DHI) by 1.50 million shares to 12.00 million shares, valued at $526.08 million in 2018Q1, according to the filing. It also reduced its holding in Fgl Hldgs by 3.21M shares in the quarter, leaving it with 6.52M shares, and cut its stake in Anheuser Busch Inbev Sa/Nv (NYSE:BUD).

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

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