WINTON GROUP Ltd Has $1.94 Million Position in Expeditors International of Washington, Inc. $EXPD

WINTON GROUP Ltd lessened its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 79.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,910 shares of the transportation company’s stock after selling 46,918 shares during the period. WINTON GROUP Ltd’s holdings in Expeditors International of Washington were worth $1,941,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. California State Teachers Retirement System increased its stake in shares of Expeditors International of Washington by 12,384.8% in the 2nd quarter. California State Teachers Retirement System now owns 40,489,447 shares of the transportation company’s stock valued at $6,598,970,000 after buying an additional 40,165,136 shares during the period. BlackRock Inc. acquired a new position in shares of Expeditors International of Washington during the second quarter valued at $2,193,093,000. State Street Corp boosted its holdings in Expeditors International of Washington by 5.2% in the third quarter. State Street Corp now owns 7,708,656 shares of the transportation company’s stock valued at $945,004,000 after acquiring an additional 377,703 shares during the last quarter. Bank of America Corp DE boosted its holdings in Expeditors International of Washington by 0.8% in the second quarter. Bank of America Corp DE now owns 2,585,934 shares of the transportation company’s stock valued at $421,456,000 after acquiring an additional 21,400 shares during the last quarter. Finally, Baird Financial Group Inc. increased its position in Expeditors International of Washington by 2.7% in the second quarter. Baird Financial Group Inc. now owns 2,239,665 shares of the transportation company’s stock worth $365,021,000 after purchasing an additional 57,823 shares during the period. Institutional investors and hedge funds own 94.02% of the company’s stock.

Wall Street Analyst Weigh In

EXPD has been the topic of a number of research reports. UBS Group upped their target price on shares of Expeditors International of Washington from $191.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Barclays boosted their price target on shares of Expeditors International of Washington from $150.00 to $160.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. upgraded shares of Expeditors International of Washington from an “underweight” rating to a “neutral” rating and set a $200.00 price objective on the stock in a report on Wednesday, August 5th. TD Cowen upped their target price on shares of Expeditors International of Washington from $148.00 to $176.00 and gave the company a “sell” rating in a research report on Wednesday, August 5th. Finally, Stifel Nicolaus increased their price target on Expeditors International of Washington from $154.00 to $158.00 and gave the company a “hold” rating in a research note on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $168.78.

Expeditors International of Washington Trading Up 1.8%

EXPD stock opened at $192.65 on Friday. Expeditors International of Washington, Inc. has a 1-year low of $112.94 and a 1-year high of $193.15. The firm has a market cap of $25.04 billion, a PE ratio of 33.68, a P/E/G ratio of 5.00 and a beta of 1.06. The business’s 50-day moving average price is $180.79 and its two-hundred day moving average price is $162.18.

Expeditors International of Washington (NASDAQ:EXPD) last announced its quarterly earnings results on Tuesday, August 4th. The transportation company reported $2.03 earnings per share (EPS) for the quarter, topping the consensus estimate 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%.During the same period in the prior year, the company earned $1.34 earnings per share. The firm’s quarterly revenue was up 32.1% compared to the same quarter last year. On average, analysts forecast that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current year.

Expeditors International of Washington Company Profile

Expeditors International of Washington, Inc is a global logistics and supply chain management company headquartered in Seattle, Washington. The company provides transportation and related services that help businesses move goods through international and domestic supply chains.

Its primary services include airfreight and ocean-freight forwarding, customs brokerage, cargo consolidation, warehousing and distribution, order management, and other supply chain solutions. Expeditors also offers technology-enabled shipment visibility and logistics coordination designed to support customers’ import, export, and distribution activities.

Founded in 1979, Expeditors serves a broad range of industries through a network of offices and facilities across North America, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific region.