SkyView Investment Advisors LLC Has $642,000 Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

SkyView Investment Advisors LLC boosted its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 13.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,144 shares of the transportation company’s stock after buying an additional 603 shares during the quarter. SkyView Investment Advisors LLC’s holdings in Expeditors International of Washington were worth $642,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of EXPD. Black Diamond Financial LLC boosted its stake in shares of Expeditors International of Washington by 5.4% in the 2nd quarter. Black Diamond Financial LLC now owns 1,748 shares of the transportation company’s stock valued at $218,000 after purchasing an additional 89 shares in the last quarter. Cape ANN Savings Bank boosted its position in Expeditors International of Washington by 2.9% in the fourth quarter. Cape ANN Savings Bank now owns 3,379 shares of the transportation company’s stock valued at $427,000 after buying an additional 95 shares in the last quarter. SkyOak Wealth LLC boosted its position in Expeditors International of Washington by 3.9% in the first quarter. SkyOak Wealth LLC now owns 2,529 shares of the transportation company’s stock valued at $307,000 after buying an additional 95 shares in the last quarter. Blair William & Co. IL grew its stake in Expeditors International of Washington by 1.2% during the second quarter. Blair William & Co. IL now owns 7,776 shares of the transportation company’s stock worth $970,000 after buying an additional 95 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Expeditors International of Washington by 0.5% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 22,827 shares of the transportation company’s stock worth $2,775,000 after buying an additional 106 shares in the last quarter. 94.02% of the stock is currently owned by institutional investors.

Expeditors International of Washington Trading Up 0.9 %

Shares of NASDAQ:EXPD opened at $128.93 on Friday. Expeditors International of Washington, Inc. has a 1-year low of $107.03 and a 1-year high of $131.17. The stock has a market capitalization of $18.21 billion, a P/E ratio of 27.32, a P/E/G ratio of 5.71 and a beta of 0.97. The business has a 50-day moving average price of $122.71 and a two-hundred day moving average price of $120.71.

Expeditors International of Washington (NASDAQ:EXPD) last posted 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). Expeditors International of Washington had a return on equity of 29.15% and a net margin of 7.40%. The business had revenue of $2.44 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same period last year, the firm earned $1.30 earnings per share. The company’s quarterly revenue was up 8.9% on a year-over-year basis. As a group, equities analysts predict that Expeditors International of Washington, Inc. will post 5.01 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on EXPD shares. Bank of America increased their price target 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. Robert W. Baird raised their target price on Expeditors International of Washington from $118.00 to $126.00 and gave the company a “neutral” rating in a research note on Wednesday, July 3rd. UBS Group raised Expeditors International of Washington from a “sell” rating to a “neutral” rating and lifted their price target for the company from $95.00 to $137.00 in a report on Thursday, August 1st. Finally, Benchmark reissued a “hold” rating on shares of Expeditors International of Washington in a report on Wednesday, August 7th. Two investment analysts have rated the stock with a sell rating and ten have assigned a hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target 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.