Evergreen Wealth Management LLC Has $2.76 Million Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Evergreen Wealth Management LLC lifted its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 21,687 shares of the transportation company’s stock after purchasing an additional 380 shares during the quarter. Expeditors International of Washington comprises 2.0% of Evergreen Wealth Management LLC’s holdings, making the stock its 18th biggest position. Evergreen Wealth Management LLC’s holdings in Expeditors International of Washington were worth $2,759,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Capital Analysts LLC boosted its position in shares of Expeditors International of Washington by 0.6% during the fourth quarter. Capital Analysts LLC now owns 14,137 shares of the transportation company’s stock worth $1,798,000 after buying an additional 80 shares during the period. IMPACTfolio LLC raised its holdings in shares of Expeditors International of Washington by 4.4% in the fourth quarter. IMPACTfolio LLC now owns 1,949 shares of the transportation company’s stock valued at $248,000 after purchasing an additional 82 shares during the last quarter. Blackhawk Capital Partners LLC. lifted its position in shares of Expeditors International of Washington by 2.2% in the third quarter. Blackhawk Capital Partners LLC. now owns 4,404 shares of the transportation company’s stock worth $505,000 after purchasing an additional 94 shares in the last quarter. Wealthsource Partners LLC boosted its holdings in Expeditors International of Washington by 3.3% during the fourth quarter. Wealthsource Partners LLC now owns 2,956 shares of the transportation company’s stock worth $376,000 after purchasing an additional 95 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Expeditors International of Washington by 0.7% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 14,470 shares of the transportation company’s stock valued at $1,659,000 after purchasing an additional 96 shares in the last quarter. 94.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Stifel Nicolaus lifted their target price on Expeditors International of Washington from $114.00 to $117.00 and gave the company a “hold” rating in a research report on Wednesday, January 10th. 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. Bank of America initiated coverage on shares of Expeditors International of Washington in a research note on Friday, March 15th. They issued a “neutral” rating and a $126.00 target price for the company. Finally, JPMorgan Chase & Co. upped their price target on shares of Expeditors International of Washington from $106.00 to $107.00 and gave the stock an “underweight” rating in a research report on Tuesday, April 9th. Three equities research analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $110.57.

Expeditors International of Washington Price Performance

Expeditors International of Washington stock traded up $1.05 during mid-day trading on Friday, hitting $114.96. 1,541,377 shares of the company’s stock traded hands, compared to its average volume of 1,334,527. The firm has a 50 day simple moving average of $117.91 and a two-hundred day simple moving average of $120.35. Expeditors International of Washington, Inc. has a fifty-two week low of $107.03 and a fifty-two week high of $131.17. The stock has a market cap of $16.31 billion, a price-to-earnings ratio of 22.99, a P/E/G ratio of 8.49 and a beta of 1.00.

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

Insider Activity

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 2,000 shares of the company’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $122.63, for a total value of $245,260.00. Following 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 legal filing with the SEC, which is accessible through this link. 0.69% of the stock is owned by company insiders.

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.