Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Acquired by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC boosted its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPDFree Report) by 6.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,164 shares of the transportation company’s stock after buying an additional 133 shares during the period. Fidelis Capital Partners LLC’s holdings in Expeditors International of Washington were worth $263,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Optiver Holding B.V. acquired a new position in Expeditors International of Washington during the 4th quarter valued at about $27,000. CVA Family Office LLC acquired a new position in shares of Expeditors International of Washington during the fourth quarter worth approximately $35,000. BKM Wealth Management LLC bought a new position in Expeditors International of Washington in the 4th quarter worth approximately $37,000. Planned Solutions Inc. acquired a new stake in Expeditors International of Washington in the 4th quarter valued at approximately $37,000. Finally, Fortitude Family Office LLC bought a new stake in Expeditors International of Washington during the 4th quarter valued at $38,000. Institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Stock Performance

NASDAQ EXPD opened at $119.91 on Tuesday. Expeditors International of Washington, Inc. has a 1 year low of $107.03 and a 1 year high of $131.17. The business’s fifty day moving average is $120.85 and its two-hundred day moving average is $121.75. The stock has a market capitalization of $16.94 billion, a P/E ratio of 26.15, a P/E/G ratio of 5.75 and a beta of 0.98.

Expeditors International of Washington (NASDAQ:EXPDGet Free Report) last announced its earnings results on Tuesday, May 7th. The transportation company reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.07. Expeditors International of Washington had a return on equity of 28.89% and a net margin of 7.81%. The company had revenue of $2.21 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same period in the previous year, the firm earned $1.45 earnings per share. Expeditors International of Washington’s revenue for the quarter was down 14.9% compared to the same quarter last year. On average, research analysts forecast that Expeditors International of Washington, Inc. will post 4.89 earnings per share for the current year.

Expeditors International of Washington Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Monday, June 17th. Shareholders of record on Monday, June 3rd were issued a $0.73 dividend. This represents a dividend yield of 1.2%. This is a boost from Expeditors International of Washington’s previous semi-annual dividend of $0.69. The ex-dividend date was Monday, June 3rd. Expeditors International of Washington’s dividend payout ratio (DPR) is presently 30.93%.

Insider Transactions at Expeditors International of Washington

In related news, Director Mark A. Emmert sold 8,100 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $123.67, for a total value of $1,001,727.00. Following the completion of the sale, the director now owns 14,085 shares in the company, valued at approximately $1,741,891.95. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Expeditors International of Washington news, Director Mark A. Emmert sold 8,100 shares of Expeditors International of Washington stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $123.67, for a total transaction of $1,001,727.00. Following the transaction, the director now directly owns 14,085 shares in the company, valued at approximately $1,741,891.95. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Blake R. Bell sold 4,100 shares of the stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $116.99, for a total value of $479,659.00. Following the completion of the sale, the insider now owns 52,745 shares of the company’s stock, valued at approximately $6,170,637.55. The disclosure for this sale can be found here. 0.75% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

EXPD has been the subject of several recent analyst reports. Bank of America increased their price target on Expeditors International of Washington from $126.00 to $131.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 12th. Stifel Nicolaus increased their target price on shares of Expeditors International of Washington from $112.00 to $114.00 and gave the company a “hold” rating in a research report on Thursday, May 23rd. BNP Paribas upgraded shares of Expeditors International of Washington from an “underperform” rating to a “neutral” rating and set a $112.00 price target on the stock in a research report on Tuesday, May 14th. JPMorgan Chase & Co. increased their price objective on shares of Expeditors International of Washington from $106.00 to $107.00 and gave the company an “underweight” rating in a report on Tuesday, April 9th. Finally, TD Cowen boosted their target price on Expeditors International of Washington from $111.00 to $112.00 and gave the stock a “hold” rating in a report on Wednesday, May 8th. Two analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. Based on data from MarketBeat, Expeditors International of Washington has a consensus rating of “Hold” and an average target price of $113.44.

Get Our Latest Stock Report on EXPD

About Expeditors International of Washington

(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.

See Also

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

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