McKinley Carter Wealth Services Inc. Has $483,000 Stock Holdings in Expeditors International of Washington (NASDAQ:EXPD)

McKinley Carter Wealth Services Inc. cut its position in Expeditors International of Washington (NASDAQ:EXPD) by 42.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,373 shares of the transportation company’s stock after selling 4,627 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in Expeditors International of Washington were worth $483,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Rational Advisors LLC acquired a new position in Expeditors International of Washington during the 1st quarter valued at about $30,000. Steward Partners Investment Advisory LLC acquired a new position in Expeditors International of Washington during the 2nd quarter valued at about $33,000. Lenox Wealth Management Inc. boosted its stake in Expeditors International of Washington by 98.9% during the 2nd quarter. Lenox Wealth Management Inc. now owns 567 shares of the transportation company’s stock valued at $43,000 after purchasing an additional 282 shares during the last quarter. Osborn Williams & Donohoe LLC acquired a new position in Expeditors International of Washington during the 1st quarter valued at about $55,000. Finally, FinTrust Capital Advisors LLC lifted its position in shares of Expeditors International of Washington by 457.8% during the 2nd quarter. FinTrust Capital Advisors LLC now owns 926 shares of the transportation company’s stock worth $70,000 after buying an additional 760 shares in the last quarter. Institutional investors own 91.78% of the company’s stock.

Several equities analysts have commented on the stock. Goldman Sachs Group assumed coverage on shares of Expeditors International of Washington in a research report on Wednesday, July 10th. They set a “sell” rating and a $70.00 target price on the stock. BidaskClub raised shares of Expeditors International of Washington from a “sell” rating to a “hold” rating in a research report on Tuesday, July 23rd. Stifel Nicolaus dropped their target price on shares of Expeditors International of Washington from $73.00 to $72.00 and set a “hold” rating on the stock in a research report on Monday, August 5th. Loop Capital assumed coverage on shares of Expeditors International of Washington in a research report on Thursday, May 30th. They set a “hold” rating and a $78.00 target price on the stock. Finally, UBS Group set a $67.00 target price on shares of Expeditors International of Washington and gave the stock a “sell” rating in a research report on Wednesday, August 7th. Three analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $73.00.

Shares of NASDAQ:EXPD traded up $1.03 during mid-day trading on Friday, reaching $71.43. The company had a trading volume of 769,000 shares, compared to its average volume of 1,133,384. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.15. The firm has a market cap of $12.02 billion, a price-to-earnings ratio of 20.53 and a beta of 0.90. The company’s 50-day moving average price is $74.09 and its 200-day moving average price is $74.73. Expeditors International of Washington has a one year low of $62.90 and a one year high of $80.69.

Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings data on Tuesday, August 6th. The transportation company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.08. Expeditors International of Washington had a net margin of 7.57% and a return on equity of 31.26%. The business had revenue of $2.04 billion during the quarter, compared to analyst estimates of $2.07 billion. During the same period in the previous year, the business earned $0.79 EPS. Expeditors International of Washington’s revenue was up 4.0% compared to the same quarter last year. On average, research analysts anticipate that Expeditors International of Washington will post 3.52 EPS for the current fiscal year.

Expeditors International of Washington Company Profile

Expeditors International of Washington, Inc provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. 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, 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, and other logistics solutions.

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

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