Nomura Holdings and
GAMMA Investing are reducing their positions in
Expeditors International of Washington, while the
Teachers Retirement System of the State of Kentucky and
HighPoint Advisor Group have been investing in the company. Several other investment groups such as
Fisher Asset Management,
Czech National Bank, and
Cwm, have also purchased shares. Notably,
Wellington Management Group has raised its holdings. Despite a 37% sell-off by an independent director, the long-term outlook for the stock is positive according to economics. The company's shareholders returns over the past five years have outpaced the underlying market.
Goldman Sachs and
Stephens Inc have a strong stake in the company's stock.
Expeditors International delivered its Q1 earnings, beating estimates, although this is a decline year-on-year. Despite a warning about a new risk for the company,
Expeditors International has seen its shares' intrinsic value potentially being 24% below its share price, indicating potential for growth.
Expeditors International of Washington EXPD News Analytics from Thu, 14 Sep 2023 07:00:00 GMT to Sun, 23 Jun 2024 18:22:39 GMT -
Rating 2
- Innovation -4
- Information 7
- Rumor -3