Vanguard Personalized Indexing Management LLC Purchases 5,148 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Vanguard Personalized Indexing Management LLC increased its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 24.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,474 shares of the transportation company’s stock after acquiring an additional 5,148 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Expeditors International of Washington were worth $3,290,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Crewe Advisors LLC bought a new position in shares of Expeditors International of Washington in the first quarter worth about $25,000. Optiver Holding B.V. acquired a new position in shares of Expeditors International of Washington during the fourth quarter worth approximately $27,000. Innealta Capital LLC bought a new stake in shares of Expeditors International of Washington in the second quarter valued at approximately $31,000. Family Firm Inc. bought a new position in Expeditors International of Washington during the second quarter worth $35,000. Finally, ORG Partners LLC raised its stake in Expeditors International of Washington by 752.0% during the 1st quarter. ORG Partners LLC now owns 426 shares of the transportation company’s stock valued at $51,000 after purchasing an additional 376 shares during the last quarter. 94.02% of the stock is currently owned by institutional investors.

Expeditors International of Washington Trading Up 1.9 %

Shares of Expeditors International of Washington stock opened at $125.71 on Friday. The stock has a market capitalization of $17.76 billion, a price-to-earnings ratio of 26.63, a P/E/G ratio of 5.59 and a beta of 0.97. The firm’s 50-day moving average price is $121.88 and its two-hundred day moving average price is $120.43. Expeditors International of Washington, Inc. has a 1-year low of $107.03 and a 1-year high of $131.17.

Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings results on Tuesday, August 6th. The transportation company reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.02). The business had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.28 billion. Expeditors International of Washington had a net margin of 7.40% and a return on equity of 29.15%. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.30 earnings per share. As a group, equities research analysts predict that Expeditors International of Washington, Inc. will post 5.01 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on EXPD shares. Benchmark reaffirmed a “hold” rating on shares of Expeditors International of Washington in a research report on Wednesday, August 7th. UBS Group upgraded Expeditors International of Washington from a “sell” rating to a “neutral” rating and upped their target price for the company from $95.00 to $137.00 in a research note on Thursday, August 1st. Stifel Nicolaus increased their price objective on shares of Expeditors International of Washington from $112.00 to $114.00 and gave the company a “hold” rating in a research note on Thursday, May 23rd. Bank of America lifted their target price on shares of Expeditors International of Washington from $131.00 to $132.00 and gave the company a “neutral” rating in a research report on Monday, July 22nd. Finally, Wolfe Research upgraded shares of Expeditors International of Washington from an “underperform” rating to a “peer perform” rating in a research note on Tuesday, May 28th. Two equities research analysts have rated the stock with a sell rating and ten have given a hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $116.00.

Expeditors International of Washington Company 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.