USS Investment Management Ltd boosted its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 7.1% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 112,400 shares of the transportation company’s stock after buying an additional 7,500 shares during the period. USS Investment Management Ltd owned 0.06% of Expeditors International of Washington worth $6,348,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of Expeditors International of Washington by 1,951.4% in the first quarter. BlackRock Inc. now owns 14,494,247 shares of the transportation company’s stock worth $818,780,000 after buying an additional 13,787,678 shares during the last quarter. FMR LLC boosted its stake in shares of Expeditors International of Washington by 43.0% in the first quarter. FMR LLC now owns 4,754,505 shares of the transportation company’s stock worth $268,582,000 after buying an additional 1,429,041 shares during the last quarter. BLS Capital Fondsmaeglerselskab A S purchased a new stake in shares of Expeditors International of Washington during the fourth quarter worth approximately $32,449,000. Janus Capital Management LLC boosted its stake in shares of Expeditors International of Washington by 16.5% in the first quarter. Janus Capital Management LLC now owns 4,097,422 shares of the transportation company’s stock worth $231,463,000 after buying an additional 579,228 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Expeditors International of Washington by 2.4% in the first quarter. Vanguard Group Inc. now owns 19,172,075 shares of the transportation company’s stock worth $1,083,031,000 after buying an additional 450,763 shares during the last quarter. 93.52% of the stock is currently owned by institutional investors and hedge funds.

Shares of Expeditors International of Washington, Inc. (NASDAQ EXPD) opened at 55.05 on Friday. The company has a 50-day moving average of $57.24 and a 200-day moving average of $55.89. The firm has a market cap of $9.95 billion, a PE ratio of 23.83 and a beta of 0.65. Expeditors International of Washington, Inc. has a 1-year low of $47.23 and a 1-year high of $59.90.

Expeditors International of Washington (NASDAQ:EXPD) last issued its earnings results on Tuesday, August 8th. The transportation company reported $0.60 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.60. The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.62 billion. Expeditors International of Washington had a return on equity of 22.03% and a net margin of 6.54%. The company’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.63 EPS. Analysts predict that Expeditors International of Washington, Inc. will post $2.32 earnings per share for the current fiscal year.

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A number of equities research analysts have recently commented on EXPD shares. Morgan Stanley reaffirmed an “equal weight” rating on shares of Expeditors International of Washington in a research note on Tuesday, July 11th. Zacks Investment Research cut shares of Expeditors International of Washington from a “hold” rating to a “sell” rating in a research note on Tuesday, May 16th. BidaskClub raised shares of Expeditors International of Washington from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. Seaport Global Securities reaffirmed a “neutral” rating on shares of Expeditors International of Washington in a research note on Thursday, July 6th. Finally, Cowen and Company reaffirmed a “market perform” rating and set a $54.00 price objective (down previously from $55.00) on shares of Expeditors International of Washington in a research note on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company. Expeditors International of Washington presently has an average rating of “Hold” and a consensus price target of $55.80.

Expeditors International of Washington Company Profile

Expeditors International of Washington, Inc is a logistics company. The Company is a third-party logistics provider, and purchases cargo space from carriers, including airlines and ocean shipping lines on a volume basis and resells that space to its customers. The Company provides a range of customer solutions, such as order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance and customized logistics solutions.

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Institutional Ownership by Quarter for Expeditors International of Washington (NASDAQ:EXPD)

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