Compass Capital Management Inc. Acquires 6,262 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Compass Capital Management Inc. lifted its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 475,342 shares of the transportation company's stock after purchasing an additional 6,262 shares during the period. Expeditors International of Washington comprises 3.5% of Compass Capital Management Inc.'s portfolio, making the stock its 23rd largest holding. Compass Capital Management Inc. owned approximately 0.34% of Expeditors International of Washington worth $52,654,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hara Capital LLC purchased a new stake in Expeditors International of Washington during the 3rd quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB purchased a new position in Expeditors International of Washington during the third quarter valued at $57,000. Maia Wealth LLC bought a new stake in Expeditors International of Washington in the 3rd quarter valued at $59,000. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in Expeditors International of Washington by 174.4% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 472 shares of the transportation company's stock worth $62,000 after purchasing an additional 300 shares in the last quarter. Finally, Asset Dedication LLC boosted its holdings in shares of Expeditors International of Washington by 339.9% during the 4th quarter. Asset Dedication LLC now owns 651 shares of the transportation company's stock valued at $72,000 after purchasing an additional 503 shares during the last quarter. 94.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on EXPD shares. TD Cowen lifted their target price on Expeditors International of Washington from $106.00 to $108.00 and gave the stock a "sell" rating in a report on Wednesday, November 6th. Barclays lifted their price objective on Expeditors International of Washington from $105.00 to $110.00 and gave the stock an "underweight" rating in a research note on Wednesday, November 6th. StockNews.com upgraded Expeditors International of Washington from a "hold" rating to a "buy" rating in a research report on Tuesday, January 28th. Bank of America reduced their price target on shares of Expeditors International of Washington from $129.00 to $120.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Finally, Stifel Nicolaus lowered their price objective on shares of Expeditors International of Washington from $122.00 to $117.00 and set a "hold" rating for the company in a research report on Thursday, January 23rd. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $117.44.

Insider Activity at Expeditors International of Washington

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of the company's stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total value of $363,330.00. Following the transaction, the director now directly owns 9,662 shares in the company, valued at $1,170,164.82. This represents a 23.69 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.75% of the stock is owned by company insiders.

Expeditors International of Washington Trading Down 0.2 %

Shares of EXPD stock traded down $0.18 during trading hours on Friday, reaching $110.54. 1,060,959 shares of the stock were exchanged, compared to its average volume of 1,018,186. Expeditors International of Washington, Inc. has a 12-month low of $108.36 and a 12-month high of $131.59. The firm has a market capitalization of $15.47 billion, a price-to-earnings ratio of 21.55, a price-to-earnings-growth ratio of 3.87 and a beta of 0.98. The company's 50-day moving average price is $113.73 and its 200-day moving average price is $119.07.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last released its earnings results on Tuesday, November 5th. The transportation company reported $1.63 EPS for the quarter, beating analysts' consensus estimates of $1.33 by $0.30. Expeditors International of Washington had a return on equity of 32.12% and a net margin of 7.39%. The firm had revenue of $3 billion for the quarter, compared to analysts' expectations of $2.47 billion. During the same quarter in the prior year, the firm posted $1.16 earnings per share. The company's quarterly revenue was up 37.0% on a year-over-year basis. On average, sell-side analysts expect that Expeditors International of Washington, Inc. will post 5.47 EPS for the current year.

About Expeditors International of Washington

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.