2,752 Shares in Expeditors International of Washington, Inc. $EXPD Acquired by Osmosis Investment Management UK Ltd

Osmosis Investment Management UK Ltd purchased a new position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,752 shares of the transportation company’s stock, valued at approximately $449,000.

A number of other institutional investors have also recently made changes to their positions in EXPD. Rossby Financial LCC grew its holdings in shares of Expeditors International of Washington by 9.3% in the fourth quarter. Rossby Financial LCC now owns 938 shares of the transportation company’s stock worth $140,000 after purchasing an additional 80 shares during the last quarter. Claro Advisors Inc. boosted its position in Expeditors International of Washington by 5.0% during the 4th quarter. Claro Advisors Inc. now owns 1,743 shares of the transportation company’s stock valued at $260,000 after buying an additional 83 shares during the period. Hardy Reed LLC grew its holdings in Expeditors International of Washington by 2.8% in the 4th quarter. Hardy Reed LLC now owns 3,513 shares of the transportation company’s stock worth $523,000 after acquiring an additional 95 shares during the last quarter. Meeder Advisory Services Inc. increased its position in shares of Expeditors International of Washington by 5.4% in the fourth quarter. Meeder Advisory Services Inc. now owns 1,874 shares of the transportation company’s stock valued at $279,000 after acquiring an additional 96 shares during the period. Finally, Nicollet Investment Management Inc. increased its position in shares of Expeditors International of Washington by 0.9% in the fourth quarter. Nicollet Investment Management Inc. now owns 11,115 shares of the transportation company’s stock valued at $1,656,000 after acquiring an additional 98 shares during the period. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on EXPD. Citizens Jmp started coverage on shares of Expeditors International of Washington in a report on Wednesday, July 15th. They set a “market perform” rating for the company. Stephens upgraded Expeditors International of Washington to a “strong-buy” rating in a report on Wednesday, July 8th. Zacks Research raised Expeditors International of Washington from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Susquehanna increased their price objective on Expeditors International of Washington from $142.00 to $156.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Finally, Barclays boosted their target price on Expeditors International of Washington from $150.00 to $160.00 and gave the company an “underweight” rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $168.78.

Expeditors International of Washington Price Performance

EXPD stock opened at $188.90 on Wednesday. Expeditors International of Washington, Inc. has a 1 year low of $112.94 and a 1 year high of $189.99. The company has a market cap of $24.55 billion, a P/E ratio of 33.02, a PEG ratio of 5.00 and a beta of 1.04. The firm has a 50-day moving average of $174.00 and a 200 day moving average of $159.07.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings data on Tuesday, August 4th. The transportation company reported $2.03 earnings per share for the quarter, beating the consensus estimate 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%.During the same quarter in the previous year, the business posted $1.34 EPS. The business’s revenue was up 32.1% on a year-over-year basis. On average, equities research analysts expect that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current fiscal year.

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.