Robeco Institutional Asset Management B.V. Has $21.07 Million Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Robeco Institutional Asset Management B.V. lessened its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 27.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 190,238 shares of the transportation company’s stock after selling 72,580 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Expeditors International of Washington were worth $21,073,000 at the end of the most recent reporting period.

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

Insiders Place Their Bets

In other news, Director Robert Paul Carlile sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $121.11, for a total transaction of $363,330.00. Following the completion of the transaction, the director now directly owns 9,662 shares in the company, valued at $1,170,164.82. The trade was a 23.69 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.69% of the company’s stock.

Wall Street Analyst Weigh In

EXPD has been the topic of several research analyst reports. Bank of America lowered their target price on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Stifel Nicolaus lowered their target price on Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating on the stock in a research note on Thursday, January 23rd. StockNews.com raised Expeditors International of Washington from a “hold” rating to a “buy” rating in a research note on Tuesday. Barclays lifted their target price on 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, TD Cowen lifted their target price on 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. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $117.44.

Expeditors International of Washington Stock Performance

Shares of NASDAQ EXPD opened at $113.58 on Friday. The stock has a market cap of $15.90 billion, a price-to-earnings ratio of 22.14, a PEG ratio of 3.89 and a beta of 0.99. The business has a 50 day simple moving average of $114.77 and a 200 day simple moving average of $119.41. Expeditors International of Washington, Inc. has a 52 week low of $108.36 and a 52 week high of $131.59.

Expeditors International of Washington (NASDAQ:EXPD) last announced its earnings results on Tuesday, November 5th. The transportation company reported $1.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.30. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.47 billion. Expeditors International of Washington had a return on equity of 32.12% and a net margin of 7.39%. The company’s revenue was up 37.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.16 earnings per share. On average, analysts predict that Expeditors International of Washington, Inc. will post 5.47 EPS for the current year.

Expeditors International of Washington Announces Dividend

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

Expeditors International of Washington Company 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.