JSF Financial LLC Makes New Investment in Expeditors International of Washington, Inc. $EXPD

JSF Financial LLC bought a new position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) in the 3rd quarter, Holdings Channel.com reports. The fund bought 8,178 shares of the transportation company’s stock, valued at approximately $1,510,000.

A number of other institutional investors have also bought and sold shares of the business. Quadrant Capital Group LLC increased its stake in Expeditors International of Washington by 1.5% in the 3rd quarter. Quadrant Capital Group LLC now owns 3,886 shares of the transportation company’s stock worth $758,000 after buying an additional 56 shares in the last quarter. Mather Group LLC. raised its holdings in Expeditors International of Washington by 6.4% during the third quarter. Mather Group LLC. now owns 1,051 shares of the transportation company’s stock valued at $194,000 after acquiring an additional 63 shares during the period. RFG Advisory LLC lifted its position in shares of Expeditors International of Washington by 3.5% in the second quarter. RFG Advisory LLC now owns 1,882 shares of the transportation company’s stock valued at $307,000 after acquiring an additional 64 shares in the last quarter. Fortitude Family Office LLC lifted its position in shares of Expeditors International of Washington by 76.0% in the third quarter. Fortitude Family Office LLC now owns 176 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 76 shares in the last quarter. Finally, Nilsine Partners LLC lifted its position in shares of Expeditors International of Washington by 1.9% in the second quarter. Nilsine Partners LLC now owns 4,036 shares of the transportation company’s stock valued at $658,000 after acquiring an additional 77 shares in the last quarter. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on EXPD. TD Cowen upped their price objective on Expeditors International of Washington from $148.00 to $176.00 and gave the stock a “sell” rating in a research note on Wednesday, August 5th. Robert W. Baird lifted their target price on Expeditors International of Washington from $190.00 to $200.00 and gave the company a “neutral” rating in a research note on Thursday, October 1st. UBS Group boosted their price target on Expeditors International of Washington from $210.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, October 2nd. Citizens Jmp began coverage on Expeditors International of Washington in a report on Wednesday, July 15th. They issued a “market perform” rating on the stock. Finally, Zacks Research downgraded Expeditors International of Washington from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $175.27.

Expeditors International of Washington Trading Down 0.5%

Shares of EXPD stock opened at $195.95 on Friday. The stock has a market capitalization of $25.47 billion, a price-to-earnings ratio of 34.26, a price-to-earnings-growth ratio of 5.00 and a beta of 1.07. Expeditors International of Washington, Inc. has a 12-month low of $116.84 and a 12-month high of $200.66. The stock’s 50-day moving average price is $190.46 and its 200-day moving average price is $172.11.

Expeditors International of Washington (NASDAQ:EXPD) last announced its quarterly earnings results on Tuesday, August 4th. The transportation company reported $2.03 EPS for the quarter, beating 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 business’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.34 earnings per share. As a group, research analysts predict that Expeditors International of Washington, Inc. will post 5.39 EPS for the current fiscal year.

About Expeditors International of Washington

Expeditors International of Washington, Inc is a global logistics company headquartered in Seattle, Washington. The company provides freight forwarding, transportation, customs brokerage and supply chain management services for businesses that move goods internationally.

Its services include airfreight and ocean-freight forwarding, customs clearance, warehousing and distribution, cargo insurance, order management, and other logistics solutions. Expeditors coordinates shipments through a worldwide network of offices and service providers, helping customers manage international trade requirements and supply chain operations.

Founded in 1979, Expeditors serves customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.