Compass Capital Management Inc. Purchases Shares of 21,176 Expeditors International of Washington, Inc. $EXPD

Compass Capital Management Inc. purchased a new stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 21,176 shares of the transportation company’s stock, valued at approximately $3,451,000.

A number of other institutional investors and hedge funds have also modified their holdings of EXPD. State Street Corp lifted its position in Expeditors International of Washington by 5.2% during the 3rd quarter. State Street Corp now owns 7,708,656 shares of the transportation company’s stock worth $945,004,000 after acquiring an additional 377,703 shares during the last quarter. First Eagle Investment Management LLC grew its position in shares of Expeditors International of Washington by 0.5% in the fourth quarter. First Eagle Investment Management LLC now owns 6,312,305 shares of the transportation company’s stock valued at $940,597,000 after purchasing an additional 32,063 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Expeditors International of Washington by 64.1% in the third quarter. Wellington Management Group LLP now owns 1,920,927 shares of the transportation company’s stock worth $235,486,000 after purchasing an additional 749,993 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Expeditors International of Washington by 733.9% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,887,853 shares of the transportation company’s stock worth $231,432,000 after purchasing an additional 1,661,457 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of Expeditors International of Washington by 2.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,522,593 shares of the transportation company’s stock worth $218,068,000 after purchasing an additional 37,795 shares during the last quarter. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Expeditors International of Washington Price Performance

Expeditors International of Washington stock opened at $186.38 on Monday. Expeditors International of Washington, Inc. has a one year low of $112.94 and a one year high of $189.87. The business has a 50 day simple moving average of $170.83 and a 200 day simple moving average of $157.79. The company has a market capitalization of $24.23 billion, a PE ratio of 32.58, a price-to-earnings-growth ratio of 5.00 and a beta of 1.04.

Expeditors International of Washington (NASDAQ:EXPD) last announced its earnings results on Tuesday, August 4th. The transportation company reported $2.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.34. Expeditors International of Washington had a net margin of 7.64% and a return on equity of 36.16%. The firm’s quarterly revenue was up 32.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.34 earnings per share. Equities analysts anticipate that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on EXPD. TD Cowen increased their target price on Expeditors International of Washington from $148.00 to $176.00 and gave the company a “sell” rating in a research note on Wednesday, August 5th. Zacks Research upgraded Expeditors International of Washington from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. UBS Group increased their price objective on Expeditors International of Washington from $191.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. upgraded shares of Expeditors International of Washington from an “underweight” rating to a “neutral” rating and set a $200.00 price objective on the stock in a research note on Wednesday, August 5th. Finally, Citizens Jmp initiated coverage on shares of Expeditors International of Washington in a research report on Wednesday, July 15th. They set a “market perform” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Expeditors International of Washington currently has a consensus rating of “Hold” and a consensus price target of $168.78.

Expeditors International of Washington Company Profile

Expeditors International of Washington is a global logistics and freight forwarding company headquartered in Seattle, Washington. The firm specializes in providing tailored supply chain solutions that encompass air, ocean and ground transportation. Through an integrated service model, Expeditors coordinates and manages the movement of goods for a diverse customer base, including manufacturers, retailers and technology companies.

The company’s core offerings include customs brokerage, cargo insurance, distribution and warehousing services, as well as vendor consolidation and inventory management.