GHP Investment Advisors Inc. Buys 3,854 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

GHP Investment Advisors Inc. grew its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 4.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 86,304 shares of the transportation company’s stock after acquiring an additional 3,854 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Expeditors International of Washington were worth $9,560,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Hara Capital LLC purchased a new stake in Expeditors International of Washington during the 3rd quarter valued at $26,000. Wilmington Savings Fund Society FSB bought a new position in shares of Expeditors International of Washington during the third quarter valued at $57,000. Maia Wealth LLC purchased a new stake in shares of Expeditors International of Washington during the third quarter valued at $59,000. Livforsakringsbolaget Skandia Omsesidigt increased its holdings in Expeditors International of Washington by 174.4% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 472 shares of the transportation company’s stock worth $62,000 after buying an additional 300 shares in the last quarter. Finally, Asset Dedication LLC increased its holdings in Expeditors International of Washington by 339.9% in the 4th quarter. Asset Dedication LLC now owns 651 shares of the transportation company’s stock worth $72,000 after buying an additional 503 shares in the last quarter. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on EXPD shares. Wolfe Research downgraded shares of Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th. StockNews.com raised shares of Expeditors International of Washington from a “hold” rating to a “buy” rating in a research report on Tuesday, January 28th. Bank of America lowered their price target on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Stifel Nicolaus cut their price objective on Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating for the company in a report on Thursday, January 23rd. Finally, Barclays increased their target price on Expeditors International of Washington from $105.00 to $110.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Expeditors International of Washington presently has a consensus rating of “Hold” and a consensus target price of $117.44.

Expeditors International of Washington Price Performance

Shares of EXPD stock opened at $111.79 on Thursday. The company’s fifty day moving average price is $114.17 and its 200-day moving average price is $119.22. The company has a market capitalization of $15.65 billion, a price-to-earnings ratio of 22.14, a PEG ratio of 3.87 and a beta of 0.98. Expeditors International of Washington, Inc. has a one year low of $108.36 and a one year high of $131.59.

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

Insiders Place Their Bets

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of the stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total transaction of $363,330.00. Following the completion of the transaction, the director now owns 9,662 shares of the company’s stock, valued at $1,170,164.82. This represents a 23.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.75% of the stock is currently owned by corporate insiders.

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.