Xponance Inc. Purchases 153 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Xponance Inc. increased its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 0.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,751 shares of the transportation company’s stock after acquiring an additional 153 shares during the period. Xponance Inc.’s holdings in Expeditors International of Washington were worth $2,616,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Boston Partners grew its holdings in Expeditors International of Washington by 29.7% during the fourth quarter. Boston Partners now owns 3,797,712 shares of the transportation company’s stock valued at $420,693,000 after purchasing an additional 869,637 shares during the period. Geode Capital Management LLC grew its holdings in Expeditors International of Washington by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 3,392,307 shares of the transportation company’s stock valued at $374,771,000 after purchasing an additional 57,736 shares during the period. First Trust Advisors LP grew its holdings in Expeditors International of Washington by 33.8% during the fourth quarter. First Trust Advisors LP now owns 2,734,816 shares of the transportation company’s stock valued at $302,936,000 after purchasing an additional 690,539 shares during the period. Invesco Ltd. lifted its position in shares of Expeditors International of Washington by 10.6% in the fourth quarter. Invesco Ltd. now owns 2,463,431 shares of the transportation company’s stock valued at $272,874,000 after acquiring an additional 235,409 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Expeditors International of Washington by 1.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,428,914 shares of the transportation company’s stock valued at $269,051,000 after acquiring an additional 27,965 shares in the last quarter. Institutional investors own 94.02% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on EXPD. JPMorgan Chase & Co. boosted their target price on Expeditors International of Washington from $105.00 to $107.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 8th. Barclays decreased their target price on Expeditors International of Washington from $110.00 to $105.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 7th. UBS Group decreased their target price on Expeditors International of Washington from $128.00 to $117.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 7th. Bank of America downgraded Expeditors International of Washington from a “neutral” rating to an “underperform” rating and boosted their target price for the stock from $117.00 to $118.00 in a research report on Friday. Finally, Robert W. Baird began coverage on Expeditors International of Washington in a research report on Tuesday, July 1st. They issued a “neutral” rating and a $124.00 target price on the stock. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. According to MarketBeat, Expeditors International of Washington currently has a consensus rating of “Hold” and a consensus price target of $113.89.

Expeditors International of Washington Stock Performance

EXPD opened at $114.98 on Tuesday. The stock has a market cap of $15.75 billion, a price-to-earnings ratio of 20.10, a P/E/G ratio of 5.00 and a beta of 1.07. The stock’s 50 day moving average price is $114.10 and its 200-day moving average price is $113.51. Expeditors International of Washington, Inc. has a one year low of $100.47 and a one year high of $131.59.

Expeditors International of Washington Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were paid a $0.77 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This represents a yield of 1.4%. This is a boost from Expeditors International of Washington’s previous semi-annual dividend of $0.73. Expeditors International of Washington’s dividend payout ratio is 25.58%.

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.