Avior Wealth Management LLC Has $681,000 Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Avior Wealth Management LLC cut its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,352 shares of the transportation company’s stock after selling 174 shares during the period. Avior Wealth Management LLC’s holdings in Expeditors International of Washington were worth $681,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EXPD. SVB Wealth LLC raised its stake in Expeditors International of Washington by 14.1% during the 4th quarter. SVB Wealth LLC now owns 3,732 shares of the transportation company’s stock worth $475,000 after buying an additional 462 shares during the period. Capital Analysts LLC grew its position in shares of Expeditors International of Washington by 0.6% in the 4th quarter. Capital Analysts LLC now owns 14,137 shares of the transportation company’s stock valued at $1,798,000 after purchasing an additional 80 shares during the period. Vontobel Holding Ltd. increased its stake in Expeditors International of Washington by 4.7% during the 4th quarter. Vontobel Holding Ltd. now owns 32,632 shares of the transportation company’s stock worth $4,151,000 after purchasing an additional 1,452 shares in the last quarter. Lecap Asset Management Ltd. acquired a new stake in Expeditors International of Washington during the 4th quarter worth approximately $900,000. Finally, Louisiana State Employees Retirement System bought a new position in Expeditors International of Washington in the fourth quarter valued at approximately $1,119,000. 94.02% of the stock is owned by institutional investors.

Analysts Set New Price Targets

EXPD has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Expeditors International of Washington from $106.00 to $107.00 and gave the stock an “underweight” rating in a report on Tuesday, April 9th. Bank of America started coverage on Expeditors International of Washington in a research report on Friday, March 15th. They issued a “neutral” rating and a $126.00 target price on the stock. Stifel Nicolaus raised their price target on Expeditors International of Washington from $114.00 to $117.00 and gave the company a “hold” rating in a research note on Wednesday, January 10th. Finally, BNP Paribas cut Expeditors International of Washington from a “neutral” rating to an “underperform” rating and set a $116.00 price objective on the stock. in a research note on Thursday, January 11th. Three research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $108.63.

Insider Activity at Expeditors International of Washington

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 2,000 shares of the business’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $122.63, for a total transaction of $245,260.00. Following the completion of the transaction, the vice president now owns 5,728 shares of the company’s stock, valued at $702,424.64. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.69% of the stock is currently owned by insiders.

Expeditors International of Washington Stock Down 1.1 %

NASDAQ EXPD opened at $114.38 on Thursday. Expeditors International of Washington, Inc. has a 12-month low of $106.43 and a 12-month high of $131.17. The firm has a 50-day moving average price of $120.29 and a two-hundred day moving average price of $120.59. The company has a market capitalization of $16.23 billion, a P/E ratio of 23.13, a P/E/G ratio of 8.54 and a beta of 0.99.

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

Expeditors International of Washington Profile

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.