Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Bought by Forsta AP Fonden

Forsta AP Fonden lifted its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPDFree Report) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 83,200 shares of the transportation company’s stock after buying an additional 6,000 shares during the period. Forsta AP Fonden owned 0.06% of Expeditors International of Washington worth $9,216,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Expeditors International of Washington by 12.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,400,949 shares of the transportation company’s stock worth $315,485,000 after buying an additional 257,791 shares during the last quarter. Marshfield Associates raised its holdings in shares of Expeditors International of Washington by 0.4% during the third quarter. Marshfield Associates now owns 1,818,027 shares of the transportation company’s stock valued at $238,889,000 after buying an additional 6,878 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Expeditors International of Washington by 0.3% in the 3rd quarter. Principal Financial Group Inc. now owns 1,161,027 shares of the transportation company’s stock worth $152,559,000 after buying an additional 4,044 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Expeditors International of Washington by 6.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 833,610 shares of the transportation company’s stock worth $109,536,000 after acquiring an additional 51,265 shares during the period. Finally, DekaBank Deutsche Girozentrale raised its stake in shares of Expeditors International of Washington by 1.1% during the third quarter. DekaBank Deutsche Girozentrale now owns 803,807 shares of the transportation company’s stock valued at $101,756,000 after purchasing an additional 9,007 shares in the last quarter. Institutional investors own 94.02% of the company’s stock.

Insiders Place Their Bets

In other news, Director Robert Paul Carlile sold 3,000 shares of Expeditors International of Washington stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $121.11, for a total value of $363,330.00. Following the completion of the sale, the director now directly owns 9,662 shares of the company’s stock, valued at approximately $1,170,164.82. This trade represents a 23.69 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.69% of the company’s stock.

Expeditors International of Washington Price Performance

Expeditors International of Washington stock opened at $113.76 on Friday. The business has a 50 day simple moving average of $114.93 and a 200 day simple moving average of $119.45. The company has a market capitalization of $15.92 billion, a PE ratio of 22.17, a price-to-earnings-growth ratio of 3.81 and a beta of 0.99. Expeditors International of Washington, Inc. has a one year low of $108.36 and a one year high of $131.59.

Expeditors International of Washington (NASDAQ:EXPDGet Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The transportation company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.30. Expeditors International of Washington had a return on equity of 32.12% and a net margin of 7.39%. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same period last year, the business earned $1.16 earnings per share. The business’s revenue was up 37.0% on a year-over-year basis. Equities analysts anticipate that Expeditors International of Washington, Inc. will post 5.47 earnings per share for the current fiscal year.

Expeditors International of Washington Dividend Announcement

The firm also recently declared a semi-annual dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were issued a $0.73 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a dividend yield of 1.2%. Expeditors International of Washington’s dividend payout ratio is 28.46%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Bank of America dropped their target price on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Stifel Nicolaus reduced their target price on shares of Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating for the company in a report on Thursday, January 23rd. TD Cowen boosted their target price on Expeditors International of Washington from $106.00 to $108.00 and gave the stock a “sell” rating in a research report on Wednesday, November 6th. StockNews.com raised shares of Expeditors International of Washington from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, Wolfe Research cut shares of Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 9th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $117.44.

Check Out Our Latest Research Report on EXPD

Expeditors International of Washington Profile

(Free Report)

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.

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

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