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

Compass Capital Management Inc. lifted its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.3% in the 4th quarter, HoldingsChannel reports. The fund owned 475,342 shares of the transportation company’s stock after purchasing an additional 6,262 shares during the quarter. Expeditors International of Washington comprises 3.5% of Compass Capital Management Inc.’s investment portfolio, making the stock its 23rd largest position. Compass Capital Management Inc.’s holdings in Expeditors International of Washington were worth $52,654,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Hara Capital LLC bought a new position in shares of Expeditors International of Washington in the 3rd quarter worth $26,000. Wilmington Savings Fund Society FSB bought a new position in shares of Expeditors International of Washington in the 3rd quarter worth $57,000. Maia Wealth LLC acquired a new position in Expeditors International of Washington during the 3rd quarter valued at about $59,000. Livforsakringsbolaget Skandia Omsesidigt increased its position in Expeditors International of Washington by 174.4% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 472 shares of the transportation company’s stock valued at $62,000 after buying an additional 300 shares in the last quarter. Finally, Asset Dedication LLC increased its position in 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 buying an additional 503 shares in the last quarter. 94.02% of the stock is owned by institutional investors.

Insider Transactions at Expeditors International of Washington

In other news, Director Robert Paul Carlile sold 3,000 shares of Expeditors International of Washington stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $121.11, for a total value of $363,330.00. Following the completion of the sale, the director now directly owns 9,662 shares of the company’s stock, valued at approximately $1,170,164.82. The trade was a 23.69 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.75% of the company’s stock.

Expeditors International of Washington Stock Down 2.5 %

Shares of EXPD opened at $110.73 on Tuesday. Expeditors International of Washington, Inc. has a 52 week low of $108.36 and a 52 week high of $131.59. The company has a market capitalization of $15.50 billion, a price-to-earnings ratio of 22.14, a PEG ratio of 3.87 and a beta of 0.98. The stock’s 50-day moving average price is $114.54 and its 200-day moving average price is $119.32.

Expeditors International of Washington (NASDAQ:EXPD) last issued its earnings results on Tuesday, November 5th. The transportation company reported $1.63 EPS for the quarter, topping 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 the consensus estimate of $2.47 billion. During the same quarter in the prior year, the business earned $1.16 earnings per share. The company’s revenue was up 37.0% compared to the same quarter last year. As a group, equities analysts anticipate that Expeditors International of Washington, Inc. will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

EXPD has been the topic of several recent analyst reports. Bank of America reduced their target price on 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. Wolfe Research lowered Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 9th. TD Cowen upped their target price on Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a research report on Wednesday, November 6th. Stifel Nicolaus cut their price objective on Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating on the stock in a report on Thursday, January 23rd. Finally, StockNews.com raised Expeditors International of Washington from a “hold” rating to a “buy” rating in a report on Tuesday, January 28th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Expeditors International of Washington currently has a consensus rating of “Hold” and an average target price of $117.44.

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.