Sound Financial Strategies Group LLC Has $637,000 Stock Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Sound Financial Strategies Group LLC decreased its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 36.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,011 shares of the transportation company’s stock after selling 2,830 shares during the period. Expeditors International of Washington makes up 0.5% of Sound Financial Strategies Group LLC’s portfolio, making the stock its 25th largest position. Sound Financial Strategies Group LLC’s holdings in Expeditors International of Washington were worth $637,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Versor Investments LP lifted its position in Expeditors International of Washington by 12.8% during the 3rd quarter. Versor Investments LP now owns 5,304 shares of the transportation company’s stock worth $608,000 after buying an additional 600 shares in the last quarter. Boston Trust Walden Corp lifted its position in Expeditors International of Washington by 3.2% during the 4th quarter. Boston Trust Walden Corp now owns 452,233 shares of the transportation company’s stock worth $57,524,000 after buying an additional 13,811 shares in the last quarter. Achmea Investment Management B.V. lifted its position in Expeditors International of Washington by 4.2% during the 3rd quarter. Achmea Investment Management B.V. now owns 148,162 shares of the transportation company’s stock worth $16,983,000 after buying an additional 5,967 shares in the last quarter. Barclays PLC lifted its position in Expeditors International of Washington by 5.3% during the 3rd quarter. Barclays PLC now owns 1,093,685 shares of the transportation company’s stock worth $125,370,000 after buying an additional 55,062 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Expeditors International of Washington by 8.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 669,562 shares of the transportation company’s stock worth $76,747,000 after buying an additional 54,993 shares in the last quarter. 94.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on EXPD shares. 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. JPMorgan Chase & Co. upped 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 report on Tuesday, April 9th. Stifel Nicolaus upped their target price on shares of Expeditors International of Washington from $114.00 to $117.00 and gave the company a “hold” rating in a report on Wednesday, January 10th. Finally, BNP Paribas cut shares of Expeditors International of Washington from a “neutral” rating to an “underperform” rating and set a $116.00 target price on the stock. in a report on Thursday, January 11th. Three equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $108.63.

Insider Buying and Selling at Expeditors International of Washington

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $122.63, for a total value of $245,260.00. Following the sale, the vice president now owns 5,728 shares in the company, valued at $702,424.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.75% of the company’s stock.

Expeditors International of Washington Trading Down 0.2 %

Shares of NASDAQ:EXPD traded down $0.18 on Wednesday, reaching $112.89. 1,377,358 shares of the company’s stock were exchanged, compared to its average volume of 1,179,417. The company has a market capitalization of $16.02 billion, a price-to-earnings ratio of 22.58, a PEG ratio of 8.43 and a beta of 0.99. The company has a fifty day moving average of $119.04 and a 200-day moving average of $120.57. Expeditors International of Washington, Inc. has a twelve month low of $106.43 and a twelve month high of $131.17.

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

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.