Wynn Capital LLC Makes New Investment in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Wynn Capital LLC bought a new stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 3,626 shares of the transportation company’s stock, valued at approximately $461,000.

Other large investors have also recently modified their holdings of the company. Capital Analysts LLC raised its position in shares of Expeditors International of Washington by 0.6% in the 4th quarter. Capital Analysts LLC now owns 14,137 shares of the transportation company’s stock worth $1,798,000 after acquiring an additional 80 shares in the last quarter. IMPACTfolio LLC raised its holdings in Expeditors International of Washington by 4.4% during the 4th quarter. IMPACTfolio LLC now owns 1,949 shares of the transportation company’s stock valued at $248,000 after acquiring an additional 82 shares during the period. Blackhawk Capital Partners LLC. increased its holdings in shares of Expeditors International of Washington by 2.2% in the third quarter. Blackhawk Capital Partners LLC. now owns 4,404 shares of the transportation company’s stock worth $505,000 after purchasing an additional 94 shares during the period. Wealthsource Partners LLC increased its holdings in shares of Expeditors International of Washington by 3.3% in the fourth quarter. Wealthsource Partners LLC now owns 2,956 shares of the transportation company’s stock worth $376,000 after purchasing an additional 95 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Expeditors International of Washington by 0.7% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 14,470 shares of the transportation company’s stock worth $1,659,000 after acquiring an additional 96 shares in the last quarter. Institutional investors and hedge funds own 94.02% of the company’s stock.

Expeditors International of Washington Price Performance

NASDAQ EXPD traded down $0.18 during mid-day trading on Wednesday, hitting $112.89. The company’s stock had a trading volume of 1,377,358 shares, compared to its average volume of 1,179,417. Expeditors International of Washington, Inc. has a 52-week low of $106.43 and a 52-week high of $131.17. The stock’s fifty day simple moving average is $119.29 and its two-hundred day simple moving average is $120.62. The firm has a market capitalization of $16.02 billion, a P/E ratio of 22.82, a price-to-earnings-growth ratio of 8.43 and a beta of 0.99.

Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings data on Tuesday, February 20th. The transportation company reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.12). Expeditors International of Washington had a return on equity of 28.43% and a net margin of 8.10%. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.32 billion. During the same period in the prior year, the firm earned $1.38 EPS. The business’s revenue for the quarter was down 33.8% compared to the same quarter last year. On average, equities analysts forecast that Expeditors International of Washington, Inc. will post 4.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

EXPD has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their target price on shares of Expeditors International of Washington from $106.00 to $107.00 and gave the company an “underweight” rating in a research note on Tuesday, April 9th. Stifel Nicolaus raised their price objective on shares of Expeditors International of Washington from $114.00 to $117.00 and gave the company a “hold” rating in a research report on Wednesday, January 10th. BNP Paribas downgraded shares of Expeditors International of Washington from a “neutral” rating to an “underperform” rating and set a $116.00 price target on the stock. in a report on Thursday, January 11th. Finally, Bank of America started coverage on shares of Expeditors International of Washington in a report on Friday, March 15th. They issued a “neutral” rating and a $126.00 target price on the stock. Three investment analysts have rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $108.63.

Insider Buying and Selling at Expeditors International of Washington

In other news, VP Jeffrey F. Dickerman sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $122.63, for a total transaction of $245,260.00. Following the completion of the transaction, the vice president now directly owns 5,728 shares in the company, valued at $702,424.64. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.75% of the company’s stock.

Expeditors International of Washington Profile

Expeditors International of Washington, Inc, together with its subsidiaries, provides logistics services worldwide. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, import, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions.