Expeditors International of Washington, Inc. (NASDAQ:EXPD) Holdings Boosted by Raymond James Trust N.A.

Raymond James Trust N.A. boosted its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 2.1% during the third quarter, HoldingsChannel.com reports. The fund owned 6,332 shares of the transportation company’s stock after acquiring an additional 129 shares during the period. Raymond James Trust N.A.’s holdings in Expeditors International of Washington were worth $832,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of EXPD. CreativeOne Wealth LLC bought a new position in Expeditors International of Washington in the first quarter worth about $224,000. EP Wealth Advisors LLC bought a new position in Expeditors International of Washington in the first quarter worth about $235,000. Advisors Asset Management Inc. lifted its holdings in Expeditors International of Washington by 27.9% in the first quarter. Advisors Asset Management Inc. now owns 1,463 shares of the transportation company’s stock worth $178,000 after acquiring an additional 319 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Expeditors International of Washington by 1.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 195,172 shares of the transportation company’s stock valued at $23,728,000 after purchasing an additional 2,724 shares during the period. Finally, Janus Henderson Group PLC increased its stake in shares of Expeditors International of Washington by 9.0% in the first quarter. Janus Henderson Group PLC now owns 27,573 shares of the transportation company’s stock valued at $3,352,000 after purchasing an additional 2,288 shares during the period. Institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Price Performance

NASDAQ EXPD opened at $121.32 on Monday. Expeditors International of Washington, Inc. has a 12 month low of $111.20 and a 12 month high of $131.59. The firm has a market capitalization of $16.98 billion, a PE ratio of 23.65, a P/E/G ratio of 3.47 and a beta of 0.98. The company’s 50 day simple moving average is $121.86 and its 200 day simple moving average is $121.84.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings results on Tuesday, November 5th. The transportation company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.30. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.47 billion. Expeditors International of Washington had a net margin of 7.39% and a return on equity of 32.12%. The firm’s quarterly revenue was up 37.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.16 earnings per share. Sell-side analysts anticipate that Expeditors International of Washington, Inc. will post 5.37 earnings per share for the current fiscal year.

Expeditors International of Washington Announces Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a $0.73 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a yield of 1.2%. Expeditors International of Washington’s dividend payout ratio (DPR) is 28.46%.

Wall Street Analysts Forecast Growth

EXPD has been the topic of several analyst reports. UBS Group upgraded shares of Expeditors International of Washington from a “sell” rating to a “neutral” rating and raised their price target for the company from $95.00 to $137.00 in a research note on Thursday, August 1st. Wolfe Research lowered shares of Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. TD Cowen raised their price target 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. Barclays raised their price target on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. Finally, Benchmark restated a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, August 7th. Four research analysts have rated the stock with a sell rating and seven have given a hold rating to the company. According to data from MarketBeat.com, Expeditors International of Washington currently has a consensus rating of “Hold” and a consensus price target of $118.44.

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.