Boston Trust Walden Corp Raises Stock Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Boston Trust Walden Corp lifted its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 452,233 shares Boston Trust Walden Corp has increased its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 3.2% in the fourth quarter. The institutional investor now owns 452,233 shares of the transportation company's stock after purchasing an additional 13,811 shares during the period. Several other hedge funds have also recently modified their holdings in EXPD. First Horizon Advisors Inc. increased their stake in EXEDitors International by 53.8% during the first quarter. Clear Street Markets LLC increased its holdings in shares of Expeditor International by 95.0%. Covestor Ltd increased its position in EXEXPD by 103.6%. Expeditors International reported $1.09 earnings per share for the quarter, missing the consensus estimate of $1.,21 by ($0.12). The company's revenue was down 33.8%.

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Several other hedge funds have also recently modified their holdings of EXPD. First Horizon Advisors Inc. increased its stake in 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 acquiring an additional 92 shares during the last quarter. Advisors Asset Management Inc. acquired a new stake in Expeditors International of Washington in the third quarter valued at approximately $29,000. CVA Family Office LLC purchased a new position in Expeditors International of Washington in the fourth quarter valued at $35,000. Clear Street Markets LLC increased its holdings in shares of Expeditors International of Washington by 95.0% in the 1st quarter. Clear Street Markets LLC now owns 314 shares of the transportation company's stock valued at $35,000 after acquiring an additional 153 shares during the last quarter. Finally, Covestor Ltd increased its holdings 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 valued at $35,000 after acquiring an additional 174 shares during the last quarter. Institutional investors and hedge funds own 94.02% of the company's stock.

Shares of NASDAQ EXPD traded down $1.51 during mid-day trading on Thursday, hitting $116.19. 808,135 shares of the company were exchanged, compared to its average volume of 1,167,198. The firm has a market cap of $16.49 billion, a price-to-earnings ratio of 23.24, a price-to-earnings-growth ratio of 8.76 and a beta of 0.99. The stock has a 50 day simple moving average of $121.91 and a 200-day simple moving average of $120.39. Expeditors International of Washington, Inc. has a 1-year low of $104.68 and a 1-year high of $131.17.

• Expeditors International Double-Digit Growth Not Enough For Investors

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). The firm had revenue of $2.28 billion during the quarter, compared to analysts' expectations of $2.32 billion. Expeditors International of Washington had a net margin of 8.10% and a return on equity of 28.43%. The firm's revenue was down 33.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.38 EPS. Analysts anticipate that Expeditors International of Washington, Inc. will post 4.71 earnings per share for the current fiscal year.

A number of research firms have recently commented on EXPD. BNP Paribas cut Expeditors International of Washington from a "neutral" rating to an "underperform" rating and set a $116.00 target price on the stock. in a research report on Thursday, January 11th. Stifel Nicolaus increased their price objective on Expeditors International of Washington from $114.00 to $117.00 and gave the company a "hold" rating in a report on Wednesday, January 10th. JPMorgan Chase & Co. cut their target price on shares of Expeditors International of Washington from $111.00 to $108.00 and set an "underweight" rating on the stock in a report on Tuesday, January 9th. Finally, Bank of America assumed coverage on shares of Expeditors International of Washington in a research note on Friday, March 15th. They set a "neutral" rating and a $126.00 price target for the company. Three equities research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $108.75.

Insider Buying and Selling at Expeditors International of Washington

In other news, VP Jeffrey F. Dickerman sold 2,000 shares of the stock in a transaction that occurred on 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 directly owns 5,728 shares of the company's stock, valued at approximately $702,424.64. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.69% of the stock is owned by corporate insiders.

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.

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