Aviva PLC raised its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 0.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 113,740 shares of the transportation company’s stock after buying an additional 310 shares during the period. Aviva PLC owned 0.06% of Expeditors International of Washington worth $6,424,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Forsta AP Fonden boosted its position in shares of Expeditors International of Washington by 20.3% in the second quarter. Forsta AP Fonden now owns 184,331 shares of the transportation company’s stock valued at $10,411,000 after buying an additional 31,100 shares during the last quarter. Prudential Financial Inc. boosted its position in shares of Expeditors International of Washington by 18.7% in the first quarter. Prudential Financial Inc. now owns 312,793 shares of the transportation company’s stock valued at $17,669,000 after buying an additional 49,240 shares during the last quarter. Weiss Multi Strategy Advisers LLC purchased a new position in shares of Expeditors International of Washington during the first quarter valued at about $1,937,000. LS Investment Advisors LLC boosted its position in shares of Expeditors International of Washington by 8.5% in the second quarter. LS Investment Advisors LLC now owns 30,418 shares of the transportation company’s stock valued at $1,718,000 after buying an additional 2,391 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Expeditors International of Washington by 3.9% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 544,049 shares of the transportation company’s stock valued at $30,733,000 after buying an additional 20,558 shares during the last quarter. Institutional investors own 93.64% of the company’s stock.

Expeditors International of Washington, Inc. (EXPD) opened at 56.12 on Thursday. Expeditors International of Washington, Inc. has a 52 week low of $47.23 and a 52 week high of $59.90. The stock has a 50 day moving average price of $57.24 and a 200 day moving average price of $55.89. The stock has a market capitalization of $10.14 billion, a PE ratio of 24.29 and a beta of 0.65.

Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings results on Tuesday, August 8th. The transportation company reported $0.60 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.60. The company had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.62 billion. Expeditors International of Washington had a return on equity of 22.03% and a net margin of 6.54%. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 earnings per share. Equities analysts forecast that Expeditors International of Washington, Inc. will post $2.32 EPS for the current year.

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Several research analysts have recently issued reports on the company. Zacks Investment Research cut Expeditors International of Washington from a “hold” rating to a “sell” rating in a research note on Tuesday, May 16th. BidaskClub upgraded Expeditors International of Washington from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. Morgan Stanley restated an “equal weight” rating on shares of Expeditors International of Washington in a research note on Tuesday, July 11th. Seaport Global Securities restated a “neutral” rating on shares of Expeditors International of Washington in a research note on Thursday, July 6th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $52.00 price objective (down from $54.00) on shares of Expeditors International of Washington in a research note on Friday, August 11th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $55.80.

About Expeditors International of Washington

Expeditors International of Washington, Inc is a logistics company. The Company is a third-party logistics provider, and purchases cargo space from carriers, including airlines and ocean shipping lines on a volume basis and resells that space to its customers. The Company provides a range of customer solutions, such as order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance and customized logistics solutions.

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

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