JSF Financial LLC Buys 8,178 Shares of Expeditors International of Washington, Inc. $EXPD

Key Points

• JSF Financial LLC acquired 8,178 shares of Expeditors International of Washington in the third quarter, valued at approximately $1.51 million. Institutional investors collectively own 94.02% of the company.
• Expeditors reported quarterly EPS of $2.03, beating estimates of $1.69, while revenue increased 32.1% year over year. Analysts expect full-year EPS of approximately $5.39.
• EXPD shares opened at $195.95, near their 52-week high of $200.66. Despite a $175.27 consensus price target, analysts maintain an overall “Hold” rating, reflecting mixed views ranging from Sell to Buy.

JSF Financial LLC bought a new stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 8,178 shares of the transportation company's stock, valued at approximately $1,510,000.

A number of other institutional investors and hedge funds have also modified their holdings of EXPD. Quadrant Capital Group LLC lifted its holdings in shares of Expeditors International of Washington by 1.5% during the third quarter. Quadrant Capital Group LLC now owns 3,886 shares of the transportation company's stock valued at $758,000 after purchasing an additional 56 shares in the last quarter. Mather Group LLC. boosted its position in shares of Expeditors International of Washington by 6.4% during the third quarter. Mather Group LLC. now owns 1,051 shares of the transportation company's stock valued at $194,000 after buying an additional 63 shares during the last quarter. RFG Advisory LLC boosted its position in shares of Expeditors International of Washington by 3.5% during the second quarter. RFG Advisory LLC now owns 1,882 shares of the transportation company's stock valued at $307,000 after buying an additional 64 shares during the last quarter. Fortitude Family Office LLC boosted its position in shares of Expeditors International of Washington by 76.0% during the third quarter. Fortitude Family Office LLC now owns 176 shares of the transportation company's stock valued at $32,000 after buying an additional 76 shares during the last quarter. Finally, Nilsine Partners LLC increased its holdings in Expeditors International of Washington by 1.9% in the 2nd quarter. Nilsine Partners LLC now owns 4,036 shares of the transportation company's stock worth $658,000 after buying an additional 77 shares in the last quarter. Institutional investors own 94.02% of the company's stock.

Expeditors International of Washington Stock Down 0.5%

NASDAQ EXPD opened at $195.95 on Friday. Expeditors International of Washington, Inc. has a 52 week low of $116.84 and a 52 week high of $200.66. The company has a market capitalization of $25.47 billion, a P/E ratio of 34.26, a price-to-earnings-growth ratio of 5.00 and a beta of 1.07. The stock's 50-day moving average price is $190.46 and its 200-day moving average price is $172.11.

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

Wall Street Analyst Weigh In

EXPD has been the subject of a number of recent analyst reports. BNP Paribas Exane initiated coverage on Expeditors International of Washington in a research report on Wednesday, September 30th. They issued a "neutral" rating and a $180.00 target price for the company. Stifel Nicolaus upped their target price on shares of Expeditors International of Washington from $154.00 to $158.00 and gave the company a "hold" rating in a research note on Wednesday, July 15th. Zacks Research downgraded shares of Expeditors International of Washington from a "strong-buy" rating to a "hold" rating in a report on Monday, October 5th. TD Cowen raised their price target on shares of Expeditors International of Washington from $148.00 to $176.00 and gave the company a "sell" rating in a report on Wednesday, August 5th. Finally, UBS Group lifted their price target on shares of Expeditors International of Washington from $210.00 to $220.00 and gave the stock a "buy" rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $175.27.

Expeditors International of Washington Profile

Expeditors International of Washington, Inc is a global logistics company headquartered in Seattle, Washington. The company provides freight forwarding, transportation, customs brokerage and supply chain management services for businesses that move goods internationally.

Its services include airfreight and ocean-freight forwarding, customs clearance, warehousing and distribution, cargo insurance, order management, and other logistics solutions. Expeditors coordinates shipments through a worldwide network of offices and service providers, helping customers manage international trade requirements and supply chain operations.

Founded in 1979, Expeditors serves customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.

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