Expeditors International of Washington, Inc. (NASDAQ:EXPD) Holdings Lifted by Inspire Investing LLC

Inspire Investing LLC increased its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 9.4% in the 4th quarter, Holdings Channel reports. The fund owned 10,373 shares of the transportation company’s stock after purchasing an additional 889 shares during the period. Inspire Investing LLC’s holdings in Expeditors International of Washington were worth $1,149,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Hara Capital LLC acquired a new position in shares of Expeditors International of Washington in the 3rd quarter valued at about $26,000. Wilmington Savings Fund Society FSB acquired a new position in Expeditors International of Washington in the 3rd quarter valued at approximately $57,000. Maia Wealth LLC purchased a new stake in Expeditors International of Washington in the 3rd quarter worth approximately $59,000. Livforsakringsbolaget Skandia Omsesidigt lifted its position in Expeditors International of Washington by 174.4% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 472 shares of the transportation company’s stock worth $62,000 after buying an additional 300 shares in the last quarter. Finally, Quarry LP boosted its stake in shares of Expeditors International of Washington by 315.6% during the 2nd quarter. Quarry LP now owns 561 shares of the transportation company’s stock valued at $70,000 after buying an additional 426 shares during the period. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Expeditors International of Washington Price Performance

Shares of EXPD opened at $114.27 on Friday. The company has a market capitalization of $16.00 billion, a PE ratio of 22.28, a price-to-earnings-growth ratio of 3.82 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. The company’s fifty day moving average price is $115.47 and its 200 day moving average price is $119.67.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings data on Tuesday, November 5th. The transportation company reported $1.63 earnings per share for the quarter, beating the consensus estimate 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 in the prior year, the business earned $1.16 earnings per share. Expeditors International of Washington’s revenue for the quarter was up 37.0% compared to the same quarter last year. Analysts anticipate that Expeditors International of Washington, Inc. will post 5.47 earnings per share for the current year.

Expeditors International of Washington Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Wolfe Research lowered Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th. Stifel Nicolaus reduced their price target on Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating for the company in a report on Thursday. Bank of America lowered their price target on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. TD Cowen lifted their target price on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a research note on Wednesday, November 6th. Finally, Barclays increased their price target on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Four investment analysts have rated the stock with a sell rating and seven have given a hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $117.44.

Insider Transactions at Expeditors International of Washington

In related news, Director Robert Paul Carlile sold 3,000 shares of the company’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total value of $363,330.00. Following the sale, the director now owns 9,662 shares of the company’s stock, valued at $1,170,164.82. The trade was a 23.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.69% of the stock is owned by insiders.

About Expeditors International of Washington

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.