Lansforsakringar Fondforvaltning AB publ Acquires 4,382 Shares of Expeditors International of Washington, Inc. $EXPD

Lansforsakringar Fondforvaltning AB publ increased its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPDFree Report) by 11.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,013 shares of the transportation company’s stock after purchasing an additional 4,382 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Expeditors International of Washington were worth $5,396,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Expeditors International of Washington by 4.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,168 shares of the transportation company’s stock worth $1,944,000 after acquiring an additional 623 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Expeditors International of Washington by 75.4% in the first quarter. Jones Financial Companies Lllp now owns 2,324 shares of the transportation company’s stock worth $279,000 after purchasing an additional 999 shares in the last quarter. Woodline Partners LP lifted its position in shares of Expeditors International of Washington by 40.7% in the first quarter. Woodline Partners LP now owns 11,826 shares of the transportation company’s stock valued at $1,422,000 after acquiring an additional 3,420 shares in the last quarter. Focus Partners Wealth lifted its holdings in Expeditors International of Washington by 33.9% in the 1st quarter. Focus Partners Wealth now owns 5,227 shares of the transportation company’s stock worth $628,000 after purchasing an additional 1,324 shares in the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in Expeditors International of Washington by 3.5% in the 2nd quarter. Asset Management One Co. Ltd. now owns 75,385 shares of the transportation company’s stock worth $8,613,000 after purchasing an additional 2,560 shares in the last quarter. Institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Price Performance

Shares of NASDAQ:EXPD opened at $138.52 on Wednesday. The business’s 50 day moving average price is $155.91 and its 200-day moving average price is $138.23. Expeditors International of Washington, Inc. has a 1 year low of $100.47 and a 1 year high of $167.19. The firm has a market capitalization of $18.56 billion, a price-to-earnings ratio of 24.22, a price-to-earnings-growth ratio of 5.00 and a beta of 1.13.

Expeditors International of Washington (NASDAQ:EXPDGet Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The transportation company reported $1.49 EPS for the quarter, topping the consensus estimate 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%. The business’s revenue was down 3.3% compared to the same quarter last year. During the same period last year, the firm posted $1.68 earnings per share. On average, sell-side analysts expect that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current year.

Trending Headlines about Expeditors International of Washington

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Wall Street Analysts Forecast Growth

Several equities analysts have commented on EXPD shares. JPMorgan Chase & Co. lowered their price objective on shares of Expeditors International of Washington from $134.00 to $132.00 and set an “underweight” rating for the company in a research report on Monday, January 12th. Truist Financial upped their target price on Expeditors International of Washington from $130.00 to $160.00 and gave the stock a “hold” rating in a report on Thursday, January 15th. UBS Group raised Expeditors International of Washington from a “neutral” rating to a “buy” rating and upped their target price for the company from $138.00 to $166.00 in a research report on Monday, November 17th. Bank of America upgraded shares of Expeditors International of Washington from a “neutral” rating to a “buy” rating in a research note on Friday, January 9th. Finally, Stifel Nicolaus raised their price objective on Expeditors International of Washington from $130.00 to $136.00 and gave the stock a “hold” rating in a research note on Tuesday, December 16th. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $134.10.

Get Our Latest Research Report on EXPD

Expeditors International of Washington Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Expeditors International of Washington (NASDAQ:EXPD)

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