Unique Wealth Strategies LLC Makes New $698,000 Investment in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Unique Wealth Strategies LLC bought a new position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,490 shares of the transportation company’s stock, valued at approximately $698,000.

Several other large investors also recently bought and sold shares of EXPD. Capital Analysts LLC boosted its holdings in shares of Expeditors International of Washington by 0.6% in the 4th quarter. Capital Analysts LLC now owns 14,137 shares of the transportation company’s stock valued at $1,798,000 after acquiring an additional 80 shares during the last quarter. IMPACTfolio LLC boosted its holdings in shares of Expeditors International of Washington by 4.4% in the 4th quarter. IMPACTfolio LLC now owns 1,949 shares of the transportation company’s stock valued at $248,000 after acquiring an additional 82 shares during the last quarter. Blackhawk Capital Partners LLC. boosted its holdings in shares of Expeditors International of Washington by 2.2% in the 3rd quarter. Blackhawk Capital Partners LLC. now owns 4,404 shares of the transportation company’s stock valued at $505,000 after acquiring an additional 94 shares during the last quarter. Wealthsource Partners LLC lifted its stake in shares of Expeditors International of Washington by 3.3% in the 4th quarter. Wealthsource Partners LLC now owns 2,956 shares of the transportation company’s stock valued at $376,000 after purchasing an additional 95 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Expeditors International of Washington by 0.7% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 14,470 shares of the transportation company’s stock valued at $1,659,000 after purchasing an additional 96 shares during the period. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on EXPD. Bank of America began coverage on shares of Expeditors International of Washington in a research note on Friday, March 15th. They issued a “neutral” rating and a $126.00 target price for the company. Stifel Nicolaus boosted their target price on shares of Expeditors International of Washington from $114.00 to $117.00 and gave the company a “hold” rating in a research note on Wednesday, January 10th. JPMorgan Chase & Co. boosted their target price on shares of Expeditors International of Washington from $106.00 to $107.00 and gave the company an “underweight” rating in a research note on Tuesday, April 9th. Finally, BNP Paribas cut shares of Expeditors International of Washington from a “neutral” rating to an “underperform” rating and set a $116.00 target price for the company. in a research note on Thursday, January 11th. Three analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $108.63.

Expeditors International of Washington Trading Up 0.1 %

NASDAQ:EXPD traded up $0.15 during trading hours on Friday, reaching $113.30. 1,051,189 shares of the company were exchanged, compared to its average volume of 1,120,039. The stock’s 50-day moving average is $118.56 and its 200-day moving average is $120.50. The firm has a market cap of $16.08 billion, a PE ratio of 22.66, a price-to-earnings-growth ratio of 8.36 and a beta of 0.99. Expeditors International of Washington, Inc. has a twelve month low of $107.03 and a twelve month high of $131.17.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings data on Tuesday, February 20th. The transportation company reported $1.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.12). The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.32 billion. Expeditors International of Washington had a return on equity of 28.43% and a net margin of 8.10%. The business’s revenue was down 33.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.38 earnings per share. As a group, research analysts anticipate that Expeditors International of Washington, Inc. will post 4.75 EPS for the current year.

Insider Activity

In other news, VP Jeffrey F. Dickerman sold 2,000 shares of the stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $122.63, for a total value of $245,260.00. Following the completion of the sale, the vice president now directly owns 5,728 shares in the company, valued at $702,424.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.69% of the company’s stock.

Expeditors International of Washington Company Profile

Expeditors International of Washington, Inc, together with its subsidiaries, provides logistics services worldwide. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, import, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions.