Axa S.A. Has $31.77 Million Stock Holdings in Expeditors International of Washington, Inc. $EXPD

Axa S.A. trimmed its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 14.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 278,092 shares of the transportation company’s stock after selling 48,342 shares during the quarter. Axa S.A. owned approximately 0.20% of Expeditors International of Washington worth $31,772,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Atria Wealth Solutions Inc. bought a new position in shares of Expeditors International of Washington during the 1st quarter worth approximately $526,000. Charles Schwab Investment Management Inc. lifted its holdings in Expeditors International of Washington by 7.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 976,329 shares of the transportation company’s stock valued at $117,404,000 after purchasing an additional 71,592 shares during the last quarter. National Bank of Canada FI lifted its holdings in Expeditors International of Washington by 6.0% during the 1st quarter. National Bank of Canada FI now owns 83,121 shares of the transportation company’s stock valued at $9,995,000 after purchasing an additional 4,728 shares during the last quarter. Zions Bancorporation National Association UT bought a new position in Expeditors International of Washington during the first quarter worth $30,000. Finally, Invesco Ltd. increased its holdings in shares of Expeditors International of Washington by 23.4% in the first quarter. Invesco Ltd. now owns 3,039,899 shares of the transportation company’s stock valued at $365,548,000 after purchasing an additional 576,468 shares during the last quarter. Institutional investors own 94.02% of the company’s stock.

Insider Transactions at Expeditors International of Washington

In related news, VP Jeffrey F. Dickerman sold 1,500 shares of Expeditors International of Washington stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $134.17, for a total transaction of $201,255.00. Following the sale, the vice president directly owned 6,151 shares of the company’s stock, valued at approximately $825,279.67. The trade was a 19.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark A. Emmert sold 5,400 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $135.25, for a total transaction of $730,350.00. Following the transaction, the director owned 6,468 shares of the company’s stock, valued at approximately $874,797. This represents a 45.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.69% of the company’s stock.

Analyst Ratings Changes

EXPD has been the subject of several research analyst reports. Barclays lifted their target price on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a report on Thursday, September 11th. UBS Group upgraded Expeditors International of Washington from a “neutral” rating to a “buy” rating and increased their target price for the stock from $138.00 to $166.00 in a research note on Monday, November 17th. Zacks Research raised Expeditors International of Washington from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 11th. Stifel Nicolaus upped their price objective on Expeditors International of Washington from $114.00 to $130.00 and gave the company a “hold” rating in a report on Thursday, November 6th. Finally, JPMorgan Chase & Co. increased their price objective on Expeditors International of Washington from $116.00 to $134.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $128.20.

Expeditors International of Washington Trading Down 0.3%

NASDAQ EXPD opened at $147.68 on Wednesday. The firm has a market capitalization of $19.79 billion, a price-to-earnings ratio of 25.82, a P/E/G ratio of 5.00 and a beta of 1.15. The firm’s 50 day simple moving average is $131.74 and its 200 day simple moving average is $122.42. Expeditors International of Washington, Inc. has a 1 year low of $100.47 and a 1 year high of $151.67.

Expeditors International of Washington Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be paid a $0.77 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a yield of 105.0%. Expeditors International of Washington’s dividend payout ratio (DPR) is 25.12%.

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.