Gordian Advisors LLC Makes New Investment in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Gordian Advisors LLC acquired a new stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 2,775 shares of the transportation company’s stock, valued at approximately $365,000. Expeditors International of Washington accounts for about 0.3% of Gordian Advisors LLC’s investment portfolio, making the stock its 25th biggest holding.

Other large investors have also bought and sold shares of the company. Daiwa Securities Group Inc. boosted its position in Expeditors International of Washington by 9.8% during the 1st quarter. Daiwa Securities Group Inc. now owns 14,460 shares of the transportation company’s stock worth $1,758,000 after acquiring an additional 1,290 shares during the last quarter. ORG Partners LLC grew its position in Expeditors International of Washington by 752.0% in the first quarter. ORG Partners LLC now owns 426 shares of the transportation company’s stock valued at $51,000 after purchasing an additional 376 shares in the last quarter. Empirical Finance LLC grew its position in Expeditors International of Washington by 3.1% in the first quarter. Empirical Finance LLC now owns 5,734 shares of the transportation company’s stock valued at $697,000 after purchasing an additional 173 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in Expeditors International of Washington by 33.2% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 2,727 shares of the transportation company’s stock valued at $332,000 after buying an additional 679 shares during the last quarter. Finally, Quantbot Technologies LP boosted its stake in shares of Expeditors International of Washington by 1,774.4% during the 1st quarter. Quantbot Technologies LP now owns 29,485 shares of the transportation company’s stock worth $3,584,000 after buying an additional 27,912 shares during the last quarter. 94.02% of the stock is owned by institutional investors.

Expeditors International of Washington Price Performance

Expeditors International of Washington stock traded down $5.96 during trading hours on Wednesday, hitting $116.06. The company had a trading volume of 558,292 shares, compared to its average volume of 1,209,412. The firm has a 50-day moving average of $122.56 and a 200 day moving average of $121.29. The firm has a market cap of $16.38 billion, a PE ratio of 24.67, a PEG ratio of 5.03 and a beta of 0.98. Expeditors International of Washington, Inc. has a one year low of $107.03 and a one year high of $131.59.

Expeditors International of Washington (NASDAQ:EXPD) last announced its earnings results on Tuesday, November 5th. The transportation company reported $1.63 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.30. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $2.47 billion. Expeditors International of Washington had a return on equity of 29.15% and a net margin of 7.40%. The firm’s quarterly revenue was up 37.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.16 earnings per share. As a group, research analysts expect that Expeditors International of Washington, Inc. will post 5.04 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on EXPD shares. UBS Group raised Expeditors International of Washington from a “sell” rating to a “neutral” rating and increased their price target for the company from $95.00 to $137.00 in a research report on Thursday, August 1st. Barclays increased their price objective on Expeditors International of Washington from $105.00 to $110.00 and gave the company an “underweight” rating in a report on Wednesday. Benchmark restated a “hold” rating on shares of Expeditors International of Washington in a report on Wednesday, August 7th. Bank of America increased their price target on shares of Expeditors International of Washington from $131.00 to $132.00 and gave the company a “neutral” rating in a research note on Monday, July 22nd. Finally, Wolfe Research lowered shares of Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. Five equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $115.00.

Expeditors International of Washington 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.