Expeditors International of Washington (EXPD) Earns "Buy" Rating from Barclays

Sunday, 14 Jan, 2018

The hedge fund held 3.12M shares of the natural gas distribution company at the end of 2017Q3, valued at $178.07 million, up from 3.04M at the end of the previous reported quarter. The company has a market capitalization of $11,860.00, a PE ratio of 28.04, a price-to-earnings-growth ratio of 3.12 and a beta of 0.72.

Zions Bancorporation (NASDAQ:ZION) shares were trading higher by 1.45 percent ($0.76) at $53.11 a piece in Thursday's session. About 585,335 shares traded.

Expeditors International of Washington, Inc. provides logistics services.

BidaskClub lowered shares of Expeditors International of Washington (NASDAQ:EXPD) from a sell rating to a strong sell rating in a research note published on Saturday, January 6th. It has underperformed by 6.25% the S&P500.

Kerr Neilson decreased its stake in Bitauto Hlds Ltd (BITA) by 17.81% based on its latest 2017Q3 regulatory filing with the SEC. The transportation company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.06. Whale Rock Capital Management Llc who had been investing in Scientific Games Corp for a number of months, seems to be bullish on the $4.83 billion market cap company. The stock increased 2.22% or $0.83 during the last trading session, reaching $38.23. Commonwealth Retail Bank Of invested in 3.49M shares or 2.03% of the stock. Gotham Asset Management LLC now owns 298,543 shares of the transportation company's stock worth $16,862,000 after purchasing an additional 57,521 shares during the period. It also reduced its holding in Urban Outfitters Inc (NASDAQ:URBN) by 105,000 shares in the quarter, leaving it with 30,000 shares, and cut its stake in Chemours Co. Brown Advisory Incorporated stated it has 0% in Expeditors International of Washington, Inc.

Engineers Gate Manager Lp increased its stake in Expeditors Intl Wash Inc (EXPD) by 201.86% based on its latest 2017Q3 regulatory filing with the SEC. The transportation company reported $0.66 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.60 by $0.06. EXPD's profit will be $113.73M for 26.07 P/E if the $0.64 EPS becomes a reality.

Investors sentiment decreased to 1.04 in Q3 2017. Stockholders of record on Friday, December 1st were issued a dividend of $0.42 per share. Sold All: 29 Reduced: 155 Increased: 149 New Position: 43. 55 funds opened positions while 96 raised stakes. Winslow Evans And Crocker Inc holds 0.04% or 2,000 shares. Moreover, Ameriprise Financial has 0.04% invested in Expeditors International of Washington, Inc. (NASDAQ:EXPD). Ghp Inv Advsrs holds 23,612 shares or 0.21% of its portfolio. The original version of this story can be read at https://www.truebluetribune.com/2018/01/10/ifm-investors-pty-ltd-acquires-new-holdings-in-expeditors-international-of-washington-inc-expd.html. (NASDAQ:EXPD). Uss Investment Mgmt stated it has 0.06% of its portfolio in Expeditors International of Washington, Inc. (NASDAQ:EXPD). Piedmont Investment Advisors Ltd, North Carolina-based fund reported 5,068 shares. Barclays Capital upgraded Expeditors International of Washington, Inc. (NASDAQ:EXPD). Burgundy Asset Limited accumulated 69,683 shares or 0.04% of the stock. Expeditors International of Washington's dividend payout ratio is now 35.29%. (NASDAQ:EXPD). Piedmont Investment Ltd Liability invested in 5,068 shares. Shell Asset Management has invested 0.04% of its portfolio in Expeditors International of Washington, Inc. (NASDAQ:INDB) stake by 4,764 shares and now owns 649,050 shares. (NASDAQ:EXPD) has "Hold" rating given on Wednesday, August 19 by Evercore. Therefore 20% are positive.

Ratings analysis reveals 20% of Expeditors International of Washington's analysts are positive. The firm has "Equal-Weight" rating by Morgan Stanley given on Monday, November 13. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company's stock. The firm has "Hold" rating given on Monday, June 26 by Stifel Nicolaus.

In other Expeditors International of Washington news, insider Eugene K. Alger sold 10,269 shares of the company's stock in a transaction on Tuesday, November 28th. The stock of Scientific Games Corporation (NASDAQ:SGMS) earned "Hold" rating by Deutsche Bank on Monday, July 24. The firm has "Buy" rating given on Wednesday, August 16 by N+1 Singer. The rating was maintained by Craig Hallum with "Buy" on Thursday, October 5. (NASDAQ:EXPD) on Friday, April 15 to "Overweight" rating. The firm's revenue for the quarter was up 15.3% on a year-over-year basis. State Teachers Retirement System invested in 271,983 shares or 0.04% of the stock.

Southeast Asset Advisors Inc, which manages about $1.76B and $316.12 million US Long portfolio, decreased its stake in Sherwin Williams Co (NYSE:SHW) by 1,269 shares to 645 shares, valued at $231,000 in 2017Q3, according to the filing. The shares were sold at an average price of $60.40, for a total value of $620,247.60. Out of 15 Wall Street analysts rating Expeditors International of Washington, 3 give it "Buy", 2 "Sell" rating, while 10 recommend "Hold". EXPD was included in 41 notes of analysts from August 11, 2015. The rating was maintained by Morgan Stanley with "Equal-Weight" on Monday, November 13. Macquarie Research maintained it with "Neutral" rating and $52 target in Wednesday, November 4 report. The stock of ABIOMED, Inc. KBW downgraded The PNC Financial Services Group, Inc. The stock has "Buy" rating by Berenberg on Friday, August 21. The rating was initiated by Keefe Bruyette & Woods with "Outperform" on Wednesday, August 31. Robert W. Baird has "Hold" rating and $58.0 target. The rating was downgraded by RBC Capital Markets to "Sector Perform" on Thursday, January 7.