Expeditors International of Washington, Inc. $EXPD Stock Position Increased by Camrose Capital Investment Partners LLP

Camrose Capital Investment Partners LLP lifted its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 6.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 348,433 shares of the transportation company’s stock after purchasing an additional 21,100 shares during the quarter. Expeditors International of Washington comprises about 9.9% of Camrose Capital Investment Partners LLP’s holdings, making the stock its 6th biggest holding. Camrose Capital Investment Partners LLP owned about 0.26% of Expeditors International of Washington worth $42,714,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. HighPoint Advisor Group LLC lifted its holdings in Expeditors International of Washington by 4.2% during the 3rd quarter. HighPoint Advisor Group LLC now owns 2,085 shares of the transportation company’s stock worth $256,000 after buying an additional 84 shares in the last quarter. Atria Investments Inc raised its stake in shares of Expeditors International of Washington by 0.3% in the second quarter. Atria Investments Inc now owns 33,522 shares of the transportation company’s stock valued at $3,830,000 after acquiring an additional 91 shares in the last quarter. Davidson Trust Co. boosted its holdings in Expeditors International of Washington by 3.2% in the third quarter. Davidson Trust Co. now owns 3,688 shares of the transportation company’s stock valued at $452,000 after purchasing an additional 113 shares during the period. Bessemer Group Inc. grew its stake in Expeditors International of Washington by 1.4% during the 3rd quarter. Bessemer Group Inc. now owns 8,593 shares of the transportation company’s stock worth $1,054,000 after purchasing an additional 115 shares in the last quarter. Finally, Certuity LLC grew its stake in Expeditors International of Washington by 3.4% during the 2nd quarter. Certuity LLC now owns 3,635 shares of the transportation company’s stock worth $415,000 after purchasing an additional 120 shares in the last quarter. Institutional investors and hedge funds own 94.02% of the company’s stock.

Expeditors International of Washington Trading Up 2.0%

EXPD stock opened at $144.72 on Friday. The stock has a market cap of $19.40 billion, a P/E ratio of 25.30, a PEG ratio of 5.00 and a beta of 1.13. Expeditors International of Washington, Inc. has a twelve month low of $100.47 and a twelve month high of $167.19. The company’s 50 day moving average is $155.63 and its two-hundred day moving average is $138.30.

Expeditors International of Washington (NASDAQ:EXPD) last posted its earnings results on Tuesday, February 24th. The transportation company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. Expeditors International of Washington had a net margin of 7.64% and a return on equity of 36.16%. During the same period in the prior year, the business posted $1.68 EPS. Expeditors International of Washington’s revenue was down 3.3% on a year-over-year basis. On average, equities research analysts predict that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. reduced their price target on Expeditors International of Washington from $134.00 to $132.00 and set an “underweight” rating on the stock in a research report on Monday, January 12th. Stifel Nicolaus raised their target price on shares of Expeditors International of Washington from $130.00 to $136.00 and gave the company a “hold” rating in a report on Tuesday, December 16th. Bank of America upgraded shares of Expeditors International of Washington from a “neutral” rating to a “buy” rating in a report on Friday, January 9th. UBS Group raised shares of Expeditors International of Washington from a “neutral” rating to a “buy” rating and increased their price objective for the company from $138.00 to $166.00 in a research report on Monday, November 17th. Finally, Barclays lifted their price objective on shares of Expeditors International of Washington from $110.00 to $135.00 and gave the stock an “underweight” rating in a research report on Thursday, January 15th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $134.30.

About Expeditors International of Washington

Expeditors International of Washington is a global logistics and freight forwarding company headquartered in Seattle, Washington. The firm specializes in providing tailored supply chain solutions that encompass air, ocean and ground transportation. Through an integrated service model, Expeditors coordinates and manages the movement of goods for a diverse customer base, including manufacturers, retailers and technology companies.

The company’s core offerings include customs brokerage, cargo insurance, distribution and warehousing services, as well as vendor consolidation and inventory management.