Mutual of America Capital Management LLC boosted its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 4.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,126 shares of the transportation company’s stock after purchasing an additional 1,069 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Expeditors International of Washington were worth $1,384,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in EXPD. Mosaic Family Wealth LLC grew its stake in shares of Expeditors International of Washington by 3.8% during the second quarter. Mosaic Family Wealth LLC now owns 2,536 shares of the transportation company’s stock worth $143,000 after acquiring an additional 93 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Expeditors International of Washington by 22.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,605 shares of the transportation company’s stock worth $147,000 after acquiring an additional 471 shares during the last quarter. Barings LLC purchased a new stake in shares of Expeditors International of Washington during the first quarter worth about $210,000. Pacer Advisors Inc. grew its stake in shares of Expeditors International of Washington by 8.3% during the second quarter. Pacer Advisors Inc. now owns 3,747 shares of the transportation company’s stock worth $212,000 after acquiring an additional 286 shares during the last quarter. Finally, MML Investors Services LLC purchased a new stake in shares of Expeditors International of Washington during the second quarter worth about $220,000. Institutional investors and hedge funds own 93.87% of the company’s stock.

Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings results on Tuesday, August 8th. The transportation company reported $0.60 EPS for the quarter, hitting the consensus estimate of $0.60. The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.62 billion. Expeditors International of Washington had a return on equity of 22.03% and a net margin of 6.54%. The firm’s revenue 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.

A number of equities research analysts recently commented on EXPD shares. Morgan Stanley reiterated an “equal weight” rating on shares of Expeditors International of Washington in a research report on Tuesday, July 11th. Zacks Investment Research upgraded Expeditors International of Washington from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. BidaskClub upgraded Expeditors International of Washington from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Barclays PLC upped their target price on Expeditors International of Washington from $58.00 to $63.00 and gave the company an “overweight” rating in a research report on Monday, October 2nd. Finally, Seaport Global Securities reiterated a “neutral” rating on shares of Expeditors International of Washington in a research report on Thursday, July 6th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $57.00.

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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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