Stonebrook Private Inc. Acquires Shares of 25,162 Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Stonebrook Private Inc. purchased a new stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 25,162 shares of the transportation company's stock, valued at approximately $3,201,000. Expeditors International of Washington comprises approximately 1.1% of Stonebrook Private Inc.'s portfolio, making the stock its 28th largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Capital Analysts LLC lifted its position in Expeditors International of Washington by 0.6% in the fourth quarter. Capital Analysts LLC now owns 14,137 shares of the transportation company's stock valued at $1,798,000 after acquiring an additional 80 shares during the last quarter. IMPACTfolio LLC lifted its position in Expeditors International of Washington by 4.4% in the fourth quarter. IMPACTfolio LLC now owns 1,949 shares of the transportation company's stock valued at $248,000 after acquiring an additional 82 shares during the last quarter. Blackhawk Capital Partners LLC. raised its holdings in shares of Expeditors International of Washington by 2.2% in the third quarter. Blackhawk Capital Partners LLC. now owns 4,404 shares of the transportation company's stock valued at $505,000 after buying an additional 94 shares during the last quarter. Wealthsource Partners LLC raised its holdings in shares of Expeditors International of Washington by 3.3% in the fourth quarter. Wealthsource Partners LLC now owns 2,956 shares of the transportation company's stock valued at $376,000 after buying an additional 95 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Expeditors International of Washington by 0.7% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 14,470 shares of the transportation company's stock valued at $1,659,000 after buying an additional 96 shares during the last quarter. 94.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on EXPD. JPMorgan Chase & Co. upped their target price on shares of Expeditors International of Washington from $106.00 to $107.00 and gave the company an "underweight" rating in a report on Tuesday, April 9th. Stifel Nicolaus upped their target price on shares of Expeditors International of Washington from $114.00 to $117.00 and gave the company a "hold" rating in a report on Wednesday, January 10th. Bank of America began coverage on shares of Expeditors International of Washington in a report on Friday, March 15th. They issued a "neutral" rating and a $126.00 target price for the company. Finally, BNP Paribas cut shares of Expeditors International of Washington from a "neutral" rating to an "underperform" rating and set a $116.00 target price for the company. in a report on Thursday, January 11th. Three investment analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $108.63.

Insiders Place Their Bets

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 2,000 shares of the company's stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $122.63, for a total transaction of $245,260.00. Following the transaction, the vice president now directly owns 5,728 shares in the company, valued at $702,424.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.69% of the stock is currently owned by company insiders.

Expeditors International of Washington Trading Up 0.1 %

Shares of Expeditors International of Washington stock traded up $0.15 on Friday, reaching $113.30. 1,051,189 shares of the stock were exchanged, compared to its average volume of 1,120,039. Expeditors International of Washington, Inc. has a 1-year low of $107.03 and a 1-year high of $131.17. The business has a fifty day moving average price of $118.56 and a two-hundred day moving average price of $120.54. The firm has a market capitalization of $16.08 billion, a PE ratio of 22.66, a PEG ratio of 8.37 and a beta of 0.99.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last issued its earnings results on Tuesday, February 20th. The transportation company reported $1.09 earnings per share for the quarter, missing the consensus estimate of $1.21 by ($0.12). Expeditors International of Washington had a return on equity of 28.43% and a net margin of 8.10%. The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter in the previous year, the company posted $1.38 earnings per share. The company's quarterly revenue was down 33.8% compared to the same quarter last year. Research analysts expect that Expeditors International of Washington, Inc. will post 4.75 EPS for the current year.

About Expeditors International of Washington

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.