Mcdonald Capital Investors Inc. CA increased its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 0.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,878,519 shares of the transportation company’s stock after purchasing an additional 2,506 shares during the quarter. Expeditors International of Washington accounts for 9.2% of Mcdonald Capital Investors Inc. CA’s portfolio, making the stock its 5th largest position. Mcdonald Capital Investors Inc. CA owned about 1.04% of Expeditors International of Washington worth $106,099,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Ffcm LLC boosted its holdings in Expeditors International of Washington by 8.4% in the second quarter. Ffcm LLC now owns 6,733 shares of the transportation company’s stock worth $381,000 after purchasing an additional 523 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. boosted its holdings in Expeditors International of Washington by 115.0% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 29,136 shares of the transportation company’s stock worth $1,646,000 after purchasing an additional 15,585 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Expeditors International of Washington by 2.8% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 931,128 shares of the transportation company’s stock worth $52,591,000 after purchasing an additional 25,679 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Expeditors International of Washington by 102.0% in the second quarter. JPMorgan Chase & Co. now owns 203,745 shares of the transportation company’s stock worth $11,507,000 after purchasing an additional 102,874 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its holdings in Expeditors International of Washington by 128.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 16,911 shares of the transportation company’s stock worth $955,000 after purchasing an additional 9,508 shares during the last quarter. Institutional investors own 93.64% of the company’s stock.

Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) traded up 0.74% on Wednesday, hitting $56.97. 133,145 shares of the stock traded hands. The company has a market cap of $10.30 billion, a PE ratio of 24.66 and a beta of 0.66. The stock has a 50 day moving average of $57.04 and a 200 day moving average of $55.96. Expeditors International of Washington, Inc. has a one year low of $47.23 and a one year high of $59.90.

Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings data on Tuesday, August 8th. The transportation company reported $0.60 EPS for the quarter, meeting the consensus estimate of $0.60. The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 13.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.63 EPS. Equities analysts anticipate that Expeditors International of Washington, Inc. will post $2.32 earnings per share for the current year.

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Several equities research analysts recently issued reports on the stock. BidaskClub cut shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Zacks Investment Research upgraded shares of Expeditors International of Washington from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Morgan Stanley restated an “equal weight” rating on shares of Expeditors International of Washington in a report on Tuesday, July 11th. Seaport Global Securities restated a “neutral” rating on shares of Expeditors International of Washington in a report on Thursday, July 6th. Finally, Cowen and Company restated a “market perform” rating and issued a $54.00 target price (down previously from $55.00) on shares of Expeditors International of Washington in a report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the stock. Expeditors International of Washington presently has a consensus rating of “Hold” and an average price target of $55.80.

Expeditors International of Washington Company Profile

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.

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

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