Great West Life Assurance Co. Can raised its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 34.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 225,298 shares of the transportation company’s stock after buying an additional 57,670 shares during the period. Great West Life Assurance Co. Can owned 0.13% of Expeditors International of Washington worth $12,705,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of EXPD. Stewart & Patten Co. LLC acquired a new stake in Expeditors International of Washington during the first quarter valued at about $282,000. Perkins Capital Management Inc. raised its stake in Expeditors International of Washington by 5.5% in the first quarter. Perkins Capital Management Inc. now owns 15,300 shares of the transportation company’s stock valued at $864,000 after buying an additional 800 shares in the last quarter. Armstrong Henry H Associates Inc. raised its stake in Expeditors International of Washington by 2.4% in the first quarter. Armstrong Henry H Associates Inc. now owns 8,675 shares of the transportation company’s stock valued at $490,000 after buying an additional 200 shares in the last quarter. DnB Asset Management AS raised its stake in Expeditors International of Washington by 7.5% in the first quarter. DnB Asset Management AS now owns 24,397 shares of the transportation company’s stock valued at $1,378,000 after buying an additional 1,700 shares in the last quarter. Finally, CWM LLC raised its stake in Expeditors International of Washington by 15.0% in the first quarter. CWM LLC now owns 510,826 shares of the transportation company’s stock valued at $28,857,000 after buying an additional 66,650 shares in the last quarter. 94.09% of the stock is owned by institutional investors.

Shares of Expeditors International of Washington, Inc. (NASDAQ EXPD) opened at 55.92 on Wednesday. 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 market cap of $10.07 billion, a P/E ratio of 23.90 and a beta of 0.65. The firm’s 50-day moving average price is $57.27 and its 200-day moving average price is $55.53.

Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings data on Tuesday, August 8th. The transportation company reported $0.60 EPS for the quarter, meeting the consensus estimate of $0.60. Expeditors International of Washington had a net margin of 6.87% and a return on equity of 23.01%. The business had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter in the prior year, the firm earned $0.63 EPS. The business’s revenue was up 13.4% on a year-over-year basis. Equities analysts predict that Expeditors International of Washington, Inc. will post $2.36 EPS for the current year.

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EXPD has been the topic of a number of research reports. BidaskClub downgraded Expeditors International of Washington from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Zacks Investment Research upgraded Expeditors International of Washington from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Morgan Stanley restated an “equal weight” rating on shares of Expeditors International of Washington in a research report on Tuesday, July 11th. Seaport Global Securities restated a “neutral” rating on shares of Expeditors International of Washington in a research report on Thursday, July 6th. Finally, Vertical Research restated a “hold” rating and set a $63.00 price target on shares of Expeditors International of Washington in a research report on Thursday, April 13th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. Expeditors International of Washington has a consensus rating of “Hold” and an average price target of $57.20.

Expeditors International of Washington Company Profile

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.

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

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