Fox Run Management L.L.C. Takes $579,000 Position in Expeditors International of Washington (EXPD)

Fox Run Management L.L.C. acquired a new position in shares of Expeditors International of Washington (NASDAQ:EXPD) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 8,954 shares of the transportation company’s stock, valued at approximately $579,000.

Several other institutional investors have also recently added to or reduced their stakes in EXPD. First Allied Advisory Services Inc. grew its stake in Expeditors International of Washington by 0.7% in the 2nd quarter. First Allied Advisory Services Inc. now owns 13,299 shares of the transportation company’s stock valued at $752,000 after buying an additional 97 shares during the last quarter. Sentry Investment Management LLC grew its stake in Expeditors International of Washington by 1.0% in the 2nd quarter. Sentry Investment Management LLC now owns 11,578 shares of the transportation company’s stock valued at $654,000 after buying an additional 116 shares during the last quarter. Thrivent Financial For Lutherans grew its stake in Expeditors International of Washington by 5.9% in the 2nd quarter. Thrivent Financial For Lutherans now owns 7,274 shares of the transportation company’s stock valued at $411,000 after buying an additional 404 shares during the last quarter. HighTower Advisors LLC grew its stake in Expeditors International of Washington by 0.5% in the 2nd quarter. HighTower Advisors LLC now owns 82,228 shares of the transportation company’s stock valued at $4,663,000 after buying an additional 416 shares during the last quarter. Finally, Nordea Investment Management AB grew its stake in Expeditors International of Washington by 4.5% in the 2nd quarter. Nordea Investment Management AB now owns 13,937 shares of the transportation company’s stock valued at $787,000 after buying an additional 600 shares during the last quarter. Institutional investors own 93.56% of the company’s stock.

Shares of Expeditors International of Washington (NASDAQ:EXPD) opened at $66.44 on Tuesday. The stock has a market cap of $11,799.47, a PE ratio of 27.80, a price-to-earnings-growth ratio of 3.06 and a beta of 0.72. Expeditors International of Washington has a twelve month low of $51.57 and a twelve month high of $66.83.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings data on Tuesday, November 7th. The transportation company reported $0.66 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.06. The firm had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.72 billion. Expeditors International of Washington had a net margin of 6.50% and a return on equity of 22.32%. The business’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.59 EPS. equities analysts anticipate that Expeditors International of Washington will post 2.41 earnings per share for the current year.

A number of brokerages recently commented on EXPD. Credit Suisse Group upped their price target on shares of Expeditors International of Washington from $51.00 to $56.00 and gave the company an “underperform” rating in a research note on Wednesday, November 8th. Zacks Investment Research lowered shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Stifel Nicolaus reiterated a “hold” rating and issued a $68.00 price target on shares of Expeditors International of Washington in a research note on Thursday, January 18th. Barclays reiterated a “buy” rating and issued a $70.00 price target on shares of Expeditors International of Washington in a research note on Tuesday, January 9th. Finally, Cowen reiterated a “market perform” rating and issued a $58.00 price target (up previously from $54.00) on shares of Expeditors International of Washington in a research note on Wednesday, November 8th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $63.88.

In other Expeditors International of Washington news, insider Eugene K. Alger sold 10,269 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $60.40, for a total value of $620,247.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.78% of the company’s stock.

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About Expeditors International of Washington

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.

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

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