Eisler Capital Management Ltd. Invests $7.96 Million in GXO Logistics, Inc. (NYSE:GXO)

Eisler Capital Management Ltd. purchased a new position in shares of GXO Logistics, Inc. (NYSE:GXO - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 185,000 shares of the company's stock, valued at approximately $7,964,000. Eisler Capital Management Ltd. owned 0.15% of GXO Logistics at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Murphy & Mullick Capital Management Corp acquired a new stake in shares of GXO Logistics in the 4th quarter valued at approximately $41,000. Summit Securities Group LLC lifted its position in shares of GXO Logistics by 870.9% during the 4th quarter. Summit Securities Group LLC now owns 1,000 shares of the company's stock valued at $44,000 after acquiring an additional 897 shares during the period. R Squared Ltd acquired a new stake in shares of GXO Logistics during the 4th quarter valued at approximately $54,000. Quarry LP raised its position in GXO Logistics by 1,334.9% during the fourth quarter. Quarry LP now owns 1,234 shares of the company's stock worth $54,000 after acquiring an additional 1,148 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in GXO Logistics by 213.5% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,370 shares of the company's stock worth $60,000 after acquiring an additional 933 shares during the last quarter. Institutional investors and hedge funds own 90.67% of the company's stock.

GXO Logistics Trading Down 0.1%

NYSE:GXO traded down $0.04 on Friday, hitting $39.67. 1,102,252 shares of the stock were exchanged, compared to its average volume of 1,260,101. The stock has a market cap of $4.64 billion, a PE ratio of 35.42, a PEG ratio of 1.34 and a beta of 1.56. The company has a current ratio of 0.83, a quick ratio of 0.86 and a debt-to-equity ratio of 0.83. The stock has a fifty day moving average of $37.11 and a 200-day moving average of $44.62. GXO Logistics, Inc. has a fifty-two week low of $30.46 and a fifty-two week high of $63.33.

GXO Logistics (NYSE:GXO - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.03. GXO Logistics had a return on equity of 11.16% and a net margin of 1.14%. The business had revenue of $2.98 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same quarter last year, the firm earned $0.45 earnings per share. The company's revenue for the quarter was up 21.2% compared to the same quarter last year. As a group, equities analysts expect that GXO Logistics, Inc. will post 2.49 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

GXO has been the subject of a number of research reports. Barclays cut their target price on shares of GXO Logistics from $52.00 to $45.00 and set an "equal weight" rating for the company in a research report on Thursday, February 13th. The Goldman Sachs Group cut their target price on shares of GXO Logistics from $63.00 to $54.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Oppenheimer cut their target price on shares of GXO Logistics from $67.00 to $55.00 and set an "outperform" rating for the company in a research report on Tuesday, February 18th. Morgan Stanley cut their target price on shares of GXO Logistics from $63.00 to $57.00 and set an "overweight" rating for the company in a research note on Friday, February 14th. Finally, Citigroup cut their target price on shares of GXO Logistics from $51.00 to $45.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Five analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $54.57.

GXO Logistics Company Profile

GXO Logistics, Inc, together with its subsidiaries, provides logistics services worldwide. The company provides warehousing and distribution, order fulfilment, e-commerce, reverse logistics, and other supply chain services. As of December 31, 2023, it operated in approximately 974 facilities. The company serves various customers in the e-commerce, omnichannel retail, technology and consumer electronics, food and beverage, industrial and manufacturing, consumer packaged goods, and others.