1,693 Shares in Expeditors International of Washington, Inc. (NASDAQ:EXPD) Bought by Moss Adams Wealth Advisors LLC

Moss Adams Wealth Advisors LLC acquired 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 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,693 shares of the transportation company’s stock, valued at approximately $215,000.

Other institutional investors have also recently bought and sold shares of the company. Capital Analysts LLC increased its holdings in shares of Expeditors International of Washington by 0.6% in the fourth quarter. Capital Analysts LLC now owns 14,137 shares of the transportation company’s stock worth $1,798,000 after purchasing an additional 80 shares during the period. IMPACTfolio LLC lifted its holdings in shares of Expeditors International of Washington by 4.4% during the fourth quarter. IMPACTfolio LLC now owns 1,949 shares of the transportation company’s stock valued at $248,000 after purchasing an additional 82 shares during the last quarter. Blackhawk Capital Partners LLC. grew its holdings in shares of Expeditors International of Washington by 2.2% during the third quarter. Blackhawk Capital Partners LLC. now owns 4,404 shares of the transportation company’s stock valued at $505,000 after buying an additional 94 shares during the last quarter. Wealthsource Partners LLC boosted its holdings in shares of Expeditors International of Washington by 3.3% during the 4th quarter. Wealthsource Partners LLC now owns 2,956 shares of the transportation company’s stock valued at $376,000 after acquiring an additional 95 shares during the last quarter. 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 worth $1,659,000 after purchasing an additional 96 shares during the period. Institutional investors and hedge funds own 94.02% of the company’s stock.

Expeditors International of Washington Stock Performance

EXPD traded up $1.94 during midday trading on Wednesday, reaching $116.84. 1,453,172 shares of the company were exchanged, compared to its average volume of 1,235,481. The company’s fifty day moving average price is $117.76 and its 200 day moving average price is $120.38. Expeditors International of Washington, Inc. has a one year low of $107.03 and a one year high of $131.17. The company has a market cap of $16.58 billion, a price-to-earnings ratio of 22.97, a price-to-earnings-growth ratio of 8.49 and a beta of 1.00.

Expeditors International of Washington (NASDAQ:EXPD) last posted its earnings results on Tuesday, May 7th. The transportation company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.07. The business had revenue of $2.21 billion for the quarter, compared to analyst estimates of $2.22 billion. Expeditors International of Washington had a net margin of 8.10% and a return on equity of 28.43%. Expeditors International of Washington’s revenue was down 14.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.45 EPS. As a group, sell-side analysts anticipate that Expeditors International of Washington, Inc. will post 4.75 earnings per share for the current fiscal year.

Analysts Set New Price Targets

EXPD has been the topic of several analyst reports. Stifel Nicolaus boosted their price objective on Expeditors International of Washington from $114.00 to $117.00 and gave the stock a “hold” rating in a research note on Wednesday, January 10th. Bank of America began coverage on Expeditors International of Washington in a report on Friday, March 15th. They issued a “neutral” rating and a $126.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on Expeditors International of Washington from $106.00 to $107.00 and gave the stock an “underweight” rating in a report on Tuesday, April 9th. Susquehanna raised their price objective on shares of Expeditors International of Washington from $112.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, TD Cowen lifted their price target on Expeditors International of Washington from $111.00 to $112.00 and gave the stock a “hold” rating in a research note on Wednesday. Three investment analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $112.13.

Insider Activity at Expeditors International of Washington

In related news, VP Jeffrey F. Dickerman sold 2,000 shares of Expeditors International of Washington stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $122.63, for a total transaction of $245,260.00. Following the transaction, the vice president now directly owns 5,728 shares in the company, valued at $702,424.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.75% of the stock is currently owned by insiders.

Expeditors International of Washington 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.