Natixis Advisors LLC Has $75.10 Million Holdings in Expeditors International of Washington, Inc. $EXPD

Natixis Advisors LLC raised its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 3.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 612,576 shares of the transportation company’s stock after acquiring an additional 22,356 shares during the quarter. Natixis Advisors LLC owned approximately 0.46% of Expeditors International of Washington worth $75,096,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. HighPoint Advisor Group LLC raised its stake in shares of Expeditors International of Washington by 4.2% in the 3rd quarter. HighPoint Advisor Group LLC now owns 2,085 shares of the transportation company’s stock valued at $256,000 after acquiring an additional 84 shares in the last quarter. Atria Investments Inc grew its position in Expeditors International of Washington by 0.3% in the 3rd quarter. Atria Investments Inc now owns 33,622 shares of the transportation company’s stock worth $4,122,000 after purchasing an additional 100 shares during the last quarter. Davidson Trust Co. grew its position in Expeditors International of Washington by 3.2% during the third quarter. Davidson Trust Co. now owns 3,688 shares of the transportation company’s stock worth $452,000 after buying an additional 113 shares in the last quarter. Bessemer Group Inc. increased its position in shares of Expeditors International of Washington by 1.4% during the third quarter. Bessemer Group Inc. now owns 8,593 shares of the transportation company’s stock valued at $1,054,000 after purchasing an additional 115 shares during the period. Finally, Certuity LLC increased its holdings in Expeditors International of Washington by 3.4% in the 2nd quarter. Certuity LLC now owns 3,635 shares of the transportation company’s stock valued at $415,000 after buying an additional 120 shares during the period. 94.02% of the stock is currently owned by hedge funds and other institutional investors.

Expeditors International of Washington Trading Down 0.0%

NASDAQ:EXPD opened at $146.66 on Monday. The stock has a 50 day simple moving average of $154.94 and a 200 day simple moving average of $139.67. The stock has a market cap of $19.58 billion, a P/E ratio of 25.64, a PEG ratio of 5.00 and a beta of 1.15. Expeditors International of Washington, Inc. has a 1-year low of $100.47 and a 1-year high of $167.19.

Expeditors International of Washington (NASDAQ:EXPD) last issued its quarterly earnings data on Tuesday, February 24th. The transportation company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.03. Expeditors International of Washington had a net margin of 7.64% and a return on equity of 36.16%. The firm’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.68 earnings per share. As a group, sell-side analysts forecast that Expeditors International of Washington, Inc. will post 5.39 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on EXPD shares. Barclays lifted their price target on shares of Expeditors International of Washington from $110.00 to $135.00 and gave the company an “underweight” rating in a report on Thursday, January 15th. Susquehanna lowered their price objective on Expeditors International of Washington from $160.00 to $142.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. JPMorgan Chase & Co. dropped their target price on shares of Expeditors International of Washington from $134.00 to $132.00 and set an “underweight” rating for the company in a research report on Monday, January 12th. UBS Group upgraded shares of Expeditors International of Washington from a “neutral” rating to a “buy” rating and increased their price target for the company from $138.00 to $166.00 in a research report on Monday, November 17th. Finally, Morgan Stanley boosted their target price on Expeditors International of Washington from $90.00 to $95.00 and gave the company an “underweight” rating in a research note on Monday, December 8th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Expeditors International of Washington has a consensus rating of “Reduce” and a consensus price target of $134.30.

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.