Vanguard Personalized Indexing Management LLC Has $3.29 Million Stock Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Vanguard Personalized Indexing Management LLC grew its holdings 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. The fund owned 26,474 shares of the transportation company’s stock after purchasing 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 reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Crewe Advisors LLC bought a new stake in shares of Expeditors International of Washington during the 1st quarter valued at $25,000. Optiver Holding B.V. bought a new stake in Expeditors International of Washington in the fourth quarter valued at approximately $27,000. Innealta Capital LLC acquired a new stake in Expeditors International of Washington during the 2nd quarter worth $31,000. Family Firm Inc. acquired a new stake in shares of Expeditors International of Washington during the second quarter worth about $35,000. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in Expeditors International of Washington during the 2nd quarter worth approximately $52,000. 94.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on EXPD. UBS Group raised shares of Expeditors International of Washington from a “sell” rating to a “neutral” rating and upped their target price for the stock from $95.00 to $137.00 in a research note on Thursday, August 1st. Bank of America upped their price objective on Expeditors International of Washington from $131.00 to $132.00 and gave the stock a “neutral” rating in a research report on Monday, July 22nd. Wolfe Research raised Expeditors International of Washington from an “underperform” rating to a “peer perform” rating in a research report on Tuesday, May 28th. Robert W. Baird upped their price target on Expeditors International of Washington from $118.00 to $126.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 3rd. Finally, Benchmark reiterated a “hold” rating on shares of Expeditors International of Washington in a report on Wednesday, August 7th. Two research analysts have rated the stock with a sell rating and ten have issued a hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $116.00.

Expeditors International of Washington Trading Up 1.9 %

NASDAQ:EXPD opened at $125.71 on Friday. The stock has a market capitalization of $17.76 billion, a PE ratio of 26.63, a P/E/G ratio of 5.59 and a beta of 0.97. Expeditors International of Washington, Inc. has a 1-year low of $107.03 and a 1-year high of $131.17. The firm has a fifty day simple moving average of $121.88 and a 200 day simple moving average of $120.43.

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

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.