Eads & Heald Wealth Management Has $2.75 Million Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Eads & Heald Wealth Management trimmed its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 21,592 shares of the transportation company’s stock after selling 255 shares during the period. Expeditors International of Washington accounts for approximately 1.3% of Eads & Heald Wealth Management’s holdings, making the stock its 17th largest position. Eads & Heald Wealth Management’s holdings in Expeditors International of Washington were worth $2,747,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of EXPD. Capital Analysts LLC raised its holdings 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 acquiring an additional 80 shares during the period. IMPACTfolio LLC grew its position in shares of Expeditors International of Washington by 4.4% in the 4th quarter. IMPACTfolio LLC now owns 1,949 shares of the transportation company’s stock valued at $248,000 after acquiring an additional 82 shares during the period. First Horizon Advisors Inc. grew its position in shares of Expeditors International of Washington by 53.8% in the 1st quarter. First Horizon Advisors Inc. now owns 263 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 92 shares during the period. Blackhawk Capital Partners LLC. grew its position in shares of Expeditors International of Washington by 2.2% in the 3rd quarter. Blackhawk Capital Partners LLC. now owns 4,404 shares of the transportation company’s stock valued at $505,000 after acquiring an additional 94 shares during the period. Finally, Wealthsource Partners LLC grew its position in shares of Expeditors International of Washington by 3.3% in the 4th quarter. Wealthsource Partners LLC now owns 2,956 shares of the transportation company’s stock valued at $376,000 after acquiring an additional 95 shares during the period. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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 shares were sold at an average price of $122.63, for a total value of $245,260.00. Following the transaction, the vice president now owns 5,728 shares in the company, valued at $702,424.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on EXPD shares. Stifel Nicolaus lifted their target price on shares of Expeditors International of Washington from $114.00 to $117.00 and gave the stock a “hold” rating in a report on Wednesday, January 10th. Bank of America assumed 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 price objective for the company. BNP Paribas cut shares of Expeditors International of Washington from a “neutral” rating to an “underperform” rating and set a $116.00 target price for the company. in a research report on Thursday, January 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Expeditors International of Washington from $106.00 to $107.00 and gave the company an “underweight” rating in a research report on Tuesday, April 9th. Three research analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $108.63.

Expeditors International of Washington Price Performance

NASDAQ:EXPD traded down $0.98 on Monday, reaching $116.67. 1,219,278 shares of the company’s stock were exchanged, compared to its average volume of 1,151,671. The firm has a market cap of $16.55 billion, a price-to-earnings ratio of 23.53, a P/E/G ratio of 8.69 and a beta of 0.99. Expeditors International of Washington, Inc. has a 52 week low of $106.43 and a 52 week high of $131.17. The stock has a fifty day simple moving average of $120.92 and a 200-day simple moving average of $120.61.

Expeditors International of Washington (NASDAQ:EXPD) last announced its earnings results on Tuesday, February 20th. The transportation company reported $1.09 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same period in the prior year, the business earned $1.38 earnings per share. The company’s revenue for the quarter was down 33.8% compared to the same quarter last year. As a group, sell-side analysts predict 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.