2,216 Shares in Expeditors International of Washington, Inc. (NASDAQ:EXPD) Purchased by Buttonwood Financial Advisors Inc.

Buttonwood Financial Advisors Inc. bought a new stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,216 shares of the transportation company’s stock, valued at approximately $268,000.

Several other large investors have also modified their holdings of EXPD. New Hampshire Trust bought a new stake in shares of Expeditors International of Washington in the 4th quarter valued at about $26,000. First Horizon Advisors Inc. increased its position 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 in the last quarter. Clear Street Markets LLC lifted its holdings in shares of Expeditors International of Washington by 95.0% during the 1st quarter. Clear Street Markets LLC now owns 314 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 153 shares during the last quarter. Covestor Ltd boosted its position in shares of Expeditors International of Washington by 103.6% in the 1st quarter. Covestor Ltd now owns 342 shares of the transportation company’s stock worth $35,000 after purchasing an additional 174 shares in the last quarter. Finally, Raleigh Capital Management Inc. grew its stake in 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 buying an additional 93 shares during the last quarter. Institutional investors own 96.73% of the company’s stock.

Expeditors International of Washington Stock Up 0.1 %

Shares of EXPD stock traded up $0.10 during mid-day trading on Friday, hitting $118.44. 2,527,659 shares of the stock were exchanged, compared to its average volume of 1,222,115. Expeditors International of Washington, Inc. has a 52-week low of $86.08 and a 52-week high of $128.04. The company has a market cap of $17.52 billion, a PE ratio of 17.76 and a beta of 1.02. The firm has a fifty day moving average of $119.55 and a 200 day moving average of $114.84.

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

Analyst Upgrades and Downgrades

EXPD has been the topic of a number of research analyst reports. Stephens boosted their price target on Expeditors International of Washington from $105.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 9th. StockNews.com started coverage on shares of Expeditors International of Washington in a report on Thursday, August 17th. They issued a “hold” rating for the company. JPMorgan Chase & Co. started coverage on Expeditors International of Washington in a research report on Friday, August 11th. They issued an “underweight” rating and a $110.00 target price on the stock. Morgan Stanley boosted their price target on Expeditors International of Washington from $84.00 to $86.00 and gave the company an “underweight” rating in a research note on Monday, August 14th. Finally, Stifel Nicolaus raised their price objective on Expeditors International of Washington from $99.00 to $115.00 and gave the stock a “hold” rating in a research note on Wednesday, July 19th. Four analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to MarketBeat.com, Expeditors International of Washington presently has an average rating of “Hold” and a consensus target price of $106.18.

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.