Everett Harris & Co. CA Boosts Stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Everett Harris & Co. CA grew its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 2.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 218,766 shares of the transportation company's stock after buying an additional 4,405 shares during the quarter. Everett Harris & Co. CA owned approximately 0.16% of Expeditors International of Washington worth $24,233,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of EXPD. Hara Capital LLC acquired a new stake in Expeditors International of Washington in the third quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Expeditors International of Washington during the third quarter worth $57,000. Maia Wealth LLC acquired a new stake in Expeditors International of Washington in the third quarter valued at $59,000. Livforsakringsbolaget Skandia Omsesidigt raised its position in shares of Expeditors International of Washington by 174.4% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 472 shares of the transportation company's stock worth $62,000 after acquiring an additional 300 shares during the last quarter. Finally, Quarry LP increased its position in Expeditors International of Washington by 315.6% during the 2nd quarter. Quarry LP now owns 561 shares of the transportation company's stock valued at $70,000 after purchasing an additional 426 shares during the period. 94.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Insider Activity at Expeditors International of Washington

In related news, Director Robert Paul Carlile sold 3,000 shares of the business's stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $121.11, for a total transaction of $363,330.00. Following the transaction, the director now owns 9,662 shares in the company, valued at $1,170,164.82. The trade was a 23.69 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.75% of the stock is owned by insiders.

Expeditors International of Washington Trading Down 1.1 %

Shares of NASDAQ EXPD traded down $1.23 during midday trading on Wednesday, hitting $111.22. 329,168 shares of the company's stock were exchanged, compared to its average volume of 996,430. The business's fifty day moving average price is $114.36 and its two-hundred day moving average price is $119.27. The company has a market cap of $15.57 billion, a price-to-earnings ratio of 21.68, a PEG ratio of 3.87 and a beta of 0.98. Expeditors International of Washington, Inc. has a 12-month low of $108.36 and a 12-month high of $131.59.

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

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.