Mcdonald Capital Investors Inc. CA Has $1.70 Million Stock Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Mcdonald Capital Investors Inc. CA lessened its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 15.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,950 shares of the transportation company’s stock after selling 2,280 shares during the period. Expeditors International of Washington comprises 0.1% of Mcdonald Capital Investors Inc. CA’s investment portfolio, making the stock its 18th largest holding. Mcdonald Capital Investors Inc. CA’s holdings in Expeditors International of Washington were worth $1,702,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Crewe Advisors LLC acquired a new stake in shares of Expeditors International of Washington during the first quarter valued at approximately $25,000. Innealta Capital LLC acquired a new stake in Expeditors International of Washington during the 2nd quarter valued at $31,000. Family Firm Inc. acquired a new stake in Expeditors International of Washington during the 2nd quarter valued at $35,000. ORG Partners LLC boosted its position in shares of Expeditors International of Washington by 752.0% in the first quarter. ORG Partners LLC now owns 426 shares of the transportation company’s stock worth $51,000 after buying an additional 376 shares during the period. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of Expeditors International of Washington in the second quarter worth $52,000. 94.02% of the stock is owned by hedge funds and other institutional investors.

Expeditors International of Washington Stock Up 1.0 %

Shares of EXPD opened at $120.60 on Thursday. Expeditors International of Washington, Inc. has a 12 month low of $110.01 and a 12 month high of $131.59. The company’s fifty day moving average is $122.50 and its 200-day moving average is $121.28. The firm has a market cap of $17.02 billion, a price-to-earnings ratio of 25.62, a price-to-earnings-growth ratio of 5.08 and a beta of 0.98.

Expeditors International of Washington (NASDAQ:EXPD) last posted its earnings results 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 29.15% and a net margin of 7.40%. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $2.47 billion. During the same period last year, the company earned $1.16 earnings per share. The business’s revenue was up 37.0% compared to the same quarter last year. As a group, research analysts predict that Expeditors International of Washington, Inc. will post 5.04 earnings per share for the current fiscal year.

Expeditors International of Washington Announces Dividend

The business also recently announced a semi-annual dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be issued 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 currently 31.33%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. UBS Group raised Expeditors International of Washington from a “sell” rating to a “neutral” rating and increased their price objective for the stock 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 report on Wednesday, October 9th. Bank of America boosted their price objective on shares of Expeditors International of Washington from $131.00 to $132.00 and gave the company a “neutral” rating in a research report on Monday, July 22nd. TD Cowen increased their target price on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the stock a “sell” rating in a research report on Wednesday. Finally, Barclays boosted 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 report on Wednesday. Five research analysts have rated the stock with a sell rating and seven have given a hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $115.00.

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.