Expeditors International of Washington, Inc. (EXPD) Position Lifted by Numeric Investors LLC

Numeric Investors LLC increased its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 21.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,400 shares of the transportation company’s stock after buying an additional 3,400 shares during the period. Numeric Investors LLC’s holdings in Expeditors International of Washington were worth $1,096,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Janney Capital Management LLC increased its stake in Expeditors International of Washington by 0.4% in the 2nd quarter. Janney Capital Management LLC now owns 4,683 shares of the transportation company’s stock worth $264,000 after buying an additional 18 shares during the period. Mosaic Family Wealth LLC increased its stake in Expeditors International of Washington by 3.8% in the 2nd quarter. Mosaic Family Wealth LLC now owns 2,536 shares of the transportation company’s stock worth $143,000 after buying an additional 93 shares during the period. Louisiana State Employees Retirement System increased its stake in Expeditors International of Washington by 0.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 11,200 shares of the transportation company’s stock worth $633,000 after buying an additional 100 shares during the period. Pacer Advisors Inc. increased its stake in Expeditors International of Washington by 3.0% in the 1st quarter. Pacer Advisors Inc. now owns 3,461 shares of the transportation company’s stock worth $196,000 after buying an additional 101 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. increased its stake in Expeditors International of Washington by 0.7% in the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 21,136 shares of the transportation company’s stock worth $1,194,000 after buying an additional 150 shares during the period. 93.48% of the stock is currently owned by institutional investors.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://ledgergazette.com/2017/10/11/expeditors-international-of-washington-inc-expd-position-lifted-by-numeric-investors-llc.html.

Several research analysts recently commented on EXPD shares. BidaskClub raised shares of Expeditors International of Washington from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Expeditors International of Washington in a research note on Tuesday, July 11th. Zacks Investment Research raised shares of Expeditors International of Washington from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $52.00 price target (down previously from $54.00) on shares of Expeditors International of Washington in a research note on Friday, August 11th. Finally, Cowen and Company reaffirmed a “market perform” rating and issued a $54.00 price target (down previously from $55.00) on shares of Expeditors International of Washington in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $57.00.

Expeditors International of Washington, Inc. (NASDAQ EXPD) opened at 59.96 on Wednesday. The stock has a market cap of $10.84 billion, a P/E ratio of 25.96 and a beta of 0.68. Expeditors International of Washington, Inc. has a 52-week low of $47.23 and a 52-week high of $60.50. The firm’s 50-day moving average is $57.67 and its 200-day moving average is $56.35.

Expeditors International of Washington (NASDAQ:EXPD) last issued its quarterly earnings results on Tuesday, August 8th. The transportation company reported $0.60 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.60. The business had revenue of $1.67 billion for the quarter, compared to analysts&

A number of other hedge funds also recently bought and sold shares of the stock. Janney Capital Management LLC increased its stake in Expeditors International of Washington by 0.4% in the 2nd quarter. Janney Capital Management LLC now owns 4,683 shares of the transportation company’s stock worth $264,000 after buying an additional 18 shares during the period. Mosaic Family Wealth LLC increased its stake in Expeditors International of Washington by 3.8% in the 2nd quarter. Mosaic Family Wealth LLC now owns 2,536 shares of the transportation company’s stock worth $143,000 after buying an additional 93 shares during the period. Louisiana State Employees Retirement System increased its stake in Expeditors International of Washington by 0.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 11,200 shares of the transportation company’s stock worth $633,000 after buying an additional 100 shares during the period. Pacer Advisors Inc. increased its stake in Expeditors International of Washington by 3.0% in the 1st quarter. Pacer Advisors Inc. now owns 3,461 shares of the transportation company’s stock worth $196,000 after buying an additional 101 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. increased its stake in Expeditors International of Washington by 0.7% in the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 21,136 shares of the transportation company’s stock worth $1,194,000 after buying an additional 150 shares during the period. 93.48% of the stock is currently owned by institutional investors.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://ledgergazette.com/2017/10/11/expeditors-international-of-washington-inc-expd-position-lifted-by-numeric-investors-llc.html.

Several research analysts recently commented on EXPD shares. BidaskClub raised shares of Expeditors International of Washington from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Expeditors International of Washington in a research note on Tuesday, July 11th. Zacks Investment Research raised shares of Expeditors International of Washington from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $52.00 price target (down previously from $54.00) on shares of Expeditors International of Washington in a research note on Friday, August 11th. Finally, Cowen and Company reaffirmed a “market perform” rating and issued a $54.00 price target (down previously from $55.00) on shares of Expeditors International of Washington in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $57.00.

Expeditors International of Washington, Inc. (NASDAQ EXPD) opened at 59.96 on Wednesday. The stock has a market cap of $10.84 billion, a P/E ratio of 25.96 and a beta of 0.68. Expeditors International of Washington, Inc. has a 52-week low of $47.23 and a 52-week high of $60.50. The firm’s 50-day moving average is $57.67 and its 200-day moving average is $56.35.

Expeditors International of Washington (NASDAQ:EXPD) last issued its quarterly earnings results on Tuesday, August 8th. The transportation company reported $0.60 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.60. The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.62 billion. Expeditors International of Washington had a net margin of 6.54% and a return on equity of 22.03%. The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.63 earnings per share. Equities research analysts predict that Expeditors International of Washington, Inc. will post $2.31 earnings per share for the current year.

About Expeditors International of Washington

Expeditors International of Washington, Inc is a logistics company. The Company is a third-party logistics provider, and purchases cargo space from carriers, including airlines and ocean shipping lines on a volume basis and resells that space to its customers. The Company provides a range of customer solutions, such as order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance and customized logistics solutions.

Institutional Ownership by Quarter for Expeditors International of Washington (NASDAQ:EXPD)

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