Compass Capital Management Inc. Boosts Stock Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Compass Capital Management Inc. grew its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 475,342 shares of the transportation company’s stock after buying an additional 6,262 shares during the period. Expeditors International of Washington accounts for 3.5% of Compass Capital Management Inc.’s portfolio, making the stock its 23rd biggest holding. Compass Capital Management Inc. owned 0.34% of Expeditors International of Washington worth $52,654,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Hara Capital LLC purchased a new position in shares of Expeditors International of Washington during the 3rd quarter valued at about $26,000. Wilmington Savings Fund Society FSB bought a new stake in Expeditors International of Washington during the 3rd quarter valued at approximately $57,000. Maia Wealth LLC bought a new stake in Expeditors International of Washington during the 3rd quarter valued at approximately $59,000. Livforsakringsbolaget Skandia Omsesidigt raised its stake in Expeditors International of Washington by 174.4% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 472 shares of the transportation company’s stock valued at $62,000 after purchasing an additional 300 shares during the period. Finally, Asset Dedication LLC raised its stake in Expeditors International of Washington by 339.9% during the 4th quarter. Asset Dedication LLC now owns 651 shares of the transportation company’s stock valued at $72,000 after purchasing an additional 503 shares during the period. 94.02% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Expeditors International of Washington

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of the company’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $121.11, for a total value of $363,330.00. Following the completion of the sale, the director now directly owns 9,662 shares in the company, valued at approximately $1,170,164.82. This represents a 23.69 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.75% of the stock is owned by company insiders.

Analyst Ratings Changes

EXPD has been the topic of several recent analyst reports. Barclays lifted their target price on Expeditors International of Washington from $105.00 to $110.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. Bank of America reduced their price objective on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. StockNews.com raised Expeditors International of Washington from a “hold” rating to a “buy” rating in a research note on Tuesday, January 28th. TD Cowen lifted their price objective on Expeditors International of Washington from $106.00 to $108.00 and gave the stock a “sell” rating in a research note on Wednesday, November 6th. Finally, Wolfe Research downgraded Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, Expeditors International of Washington presently has an average rating of “Hold” and an average price target of $117.44.

Expeditors International of Washington Stock Down 2.5 %

EXPD opened at $110.73 on Tuesday. The business has a fifty day moving average of $114.54 and a 200 day moving average of $119.32. Expeditors International of Washington, Inc. has a 52-week low of $108.36 and a 52-week high of $131.59. The stock has a market cap of $15.50 billion, a P/E ratio of 22.14, a PEG ratio of 3.87 and a beta of 0.98.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings data on Tuesday, November 5th. The transportation company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.30. Expeditors International of Washington had a return on equity of 32.12% and a net margin of 7.39%. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same quarter in the previous year, the business earned $1.16 EPS. Expeditors International of Washington’s revenue was up 37.0% compared to the same quarter last year. Equities analysts anticipate that Expeditors International of Washington, Inc. will post 5.47 EPS for the current fiscal year.

About Expeditors International of Washington

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.