First Community Trust NA Has $139,000 Stock Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

First Community Trust NA cut its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 18.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,145 shares of the transportation company’s stock after selling 255 shares during the period. First Community Trust NA’s holdings in Expeditors International of Washington were worth $139,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of EXPD. First Horizon Advisors Inc. increased its holdings in shares of Expeditors International of Washington by 53.8% during the first quarter. First Horizon Advisors Inc. now owns 263 shares of the transportation company’s stock worth $29,000 after purchasing an additional 92 shares during the period. Raleigh Capital Management Inc. grew its holdings in shares of Expeditors International of Washington by 36.9% during the 1st quarter. Raleigh Capital Management Inc. now owns 345 shares of the transportation company’s stock worth $38,000 after purchasing an additional 93 shares in the last quarter. Fisher Asset Management LLC grew its stake in Expeditors International of Washington by 0.5% during the first quarter. Fisher Asset Management LLC now owns 18,349 shares of the transportation company’s stock worth $2,021,000 after buying an additional 97 shares in the last quarter. Raymond James Trust N.A. increased its holdings in Expeditors International of Washington by 1.8% in the 1st quarter. Raymond James Trust N.A. now owns 5,813 shares of the transportation company’s stock valued at $640,000 after buying an additional 100 shares during the period. Finally, Elo Mutual Pension Insurance Co raised its position in shares of Expeditors International of Washington by 0.8% in the 1st quarter. Elo Mutual Pension Insurance Co now owns 12,766 shares of the transportation company’s stock valued at $1,406,000 after buying an additional 102 shares in the last quarter. 96.73% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on EXPD shares. JPMorgan Chase & Co. began coverage on shares of Expeditors International of Washington in a research report on Friday, August 11th. They set an “underweight” rating and a $110.00 price target on the stock. Stifel Nicolaus lifted their price target on Expeditors International of Washington from $99.00 to $115.00 and gave the company a “hold” rating in a research note on Wednesday, July 19th. StockNews.com initiated coverage on Expeditors International of Washington in a research report on Thursday, August 17th. They set a “hold” rating for the company. Stephens lifted their target price on Expeditors International of Washington from $105.00 to $115.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 9th. Finally, Susquehanna increased their target price on shares of Expeditors International of Washington from $104.00 to $115.00 and gave the stock a “neutral” rating in a report on Wednesday, August 9th. Four analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $106.18.

Expeditors International of Washington Stock Up 0.0 %

Shares of EXPD stock traded up $0.03 during mid-day trading on Friday, reaching $118.37. 244,922 shares of the stock traded hands, compared to its average volume of 1,209,076. The stock’s fifty day simple moving average is $119.56 and its two-hundred day simple moving average is $114.75. Expeditors International of Washington, Inc. has a 1-year low of $86.08 and a 1-year high of $128.04. The company has a market cap of $17.51 billion, a price-to-earnings ratio of 17.74 and a beta of 1.02.

Expeditors International of Washington (NASDAQ:EXPD) last posted its earnings results on Tuesday, August 8th. The transportation company reported $1.30 EPS for the quarter, missing the consensus estimate of $1.34 by ($0.04). Expeditors International of Washington had a return on equity of 34.31% and a net margin of 8.36%. The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same quarter in the prior year, the business earned $2.27 earnings per share. The firm’s quarterly revenue was down 51.3% on a year-over-year basis. On average, equities research analysts anticipate that Expeditors International of Washington, Inc. will post 5.36 EPS for the current fiscal year.

Expeditors International of Washington Profile

Expeditors International of Washington, Inc, together with its subsidiaries, provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. 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, 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.