GSA Capital Partners LLP Makes New $798,000 Investment in Expeditors International of Washington, Inc. $EXPD

GSA Capital Partners LLP acquired a new stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,897 shares of the transportation company’s stock, valued at approximately $798,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Expeditors International of Washington by 4.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,168 shares of the transportation company’s stock valued at $1,944,000 after purchasing an additional 623 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Expeditors International of Washington by 75.4% during the 1st 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 during the last quarter. Woodline Partners LP raised its stake in shares of Expeditors International of Washington by 40.7% during the 1st quarter. Woodline Partners LP now owns 11,826 shares of the transportation company’s stock worth $1,422,000 after purchasing an additional 3,420 shares in the last quarter. Focus Partners Wealth raised its stake in shares of Expeditors International of Washington by 33.9% during 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, EverSource Wealth Advisors LLC boosted its holdings in shares of Expeditors International of Washington by 29.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,113 shares of the transportation company’s stock valued at $127,000 after buying an additional 255 shares during the last quarter. Institutional investors and hedge funds own 94.02% of the company’s stock.

Expeditors International of Washington Price Performance

Shares of NASDAQ EXPD opened at $186.08 on Wednesday. The firm has a market cap of $24.19 billion, a price-to-earnings ratio of 32.53, a P/E/G ratio of 5.00 and a beta of 1.04. The stock’s fifty day moving average price is $171.75 and its two-hundred day moving average price is $158.19. Expeditors International of Washington, Inc. has a one year low of $112.94 and a one year high of $189.99.

Expeditors International of Washington (NASDAQ:EXPD) last posted its earnings results on Tuesday, August 4th. The transportation company reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.34. Expeditors International of Washington had a return on equity of 36.16% and a net margin of 7.64%.The firm’s revenue was up 32.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.34 earnings per share. On average, equities analysts anticipate that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

EXPD has been the topic of a number of recent analyst reports. Stephens upgraded shares of Expeditors International of Washington to a “strong-buy” rating in a report on Wednesday, July 8th. Citizens Jmp started coverage on shares of Expeditors International of Washington in a research note on Wednesday, July 15th. They issued a “market perform” rating for the company. TD Cowen lifted their price objective on shares of Expeditors International of Washington from $148.00 to $176.00 and gave the company a “sell” rating in a research report on Wednesday, August 5th. UBS Group boosted their price objective on shares of Expeditors International of Washington from $191.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. raised shares of Expeditors International of Washington from an “underweight” rating to a “neutral” rating and set a $200.00 target price on the stock in a report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Expeditors International of Washington presently has a consensus rating of “Hold” and a consensus price target of $168.78.

Expeditors International of Washington Profile

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.