Foster & Motley Inc. Sells 3,006 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Foster & Motley Inc. lessened its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 16.1% during the 4th quarter, Holdings Channel reports. The firm owned 15,681 shares of the transportation company’s stock after selling 3,006 shares during the period. Foster & Motley Inc.’s holdings in Expeditors International of Washington were worth $1,737,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hara Capital LLC bought a new stake in Expeditors International of Washington during the 3rd quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB bought a new stake in Expeditors International of Washington during the 3rd quarter valued at approximately $57,000. Maia Wealth LLC bought a new stake in Expeditors International of Washington during the 3rd quarter valued at approximately $59,000. Livforsakringsbolaget Skandia Omsesidigt increased its stake in Expeditors International of Washington by 174.4% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 472 shares of the transportation company’s stock worth $62,000 after acquiring an additional 300 shares during the last quarter. Finally, Quarry LP increased its stake in Expeditors International of Washington by 315.6% in the 2nd quarter. Quarry LP now owns 561 shares of the transportation company’s stock worth $70,000 after acquiring an additional 426 shares during the last quarter. Institutional investors own 94.02% of the company’s stock.

Insider Activity at Expeditors International of Washington

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of the company’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $121.11, for a total value of $363,330.00. Following the completion of the sale, the director now directly owns 9,662 shares in the company, valued at approximately $1,170,164.82. This represents a 23.69 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.69% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

EXPD has been the topic of a number of research reports. Barclays lifted their price objective on Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. TD Cowen lifted their price objective on Expeditors International of Washington from $106.00 to $108.00 and gave the stock a “sell” rating in a research note on Wednesday, November 6th. StockNews.com raised Expeditors International of Washington from a “hold” rating to a “buy” rating in a research note on Tuesday. Stifel Nicolaus reduced their price objective 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. Finally, Bank of America dropped their target price on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $117.44.

Expeditors International of Washington Stock Down 0.5 %

EXPD opened at $113.76 on Friday. The business has a fifty day moving average of $114.93 and a 200 day moving average of $119.45. Expeditors International of Washington, Inc. has a 52-week low of $108.36 and a 52-week high of $131.59. The stock has a market cap of $15.92 billion, a P/E ratio of 22.17, a PEG ratio of 3.81 and a beta of 0.99.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings data on Tuesday, November 5th. The transportation company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.30. Expeditors International of Washington had a return on equity of 32.12% and a net margin of 7.39%. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same quarter in the previous year, the business earned $1.16 EPS. Expeditors International of Washington’s revenue was up 37.0% compared to the same quarter last year. Equities analysts anticipate that Expeditors International of Washington, Inc. will post 5.47 EPS for the current fiscal year.

Expeditors International of Washington Announces Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were issued a dividend of $0.73 per share. This represents a yield of 1.2%. The ex-dividend date of this dividend was Monday, December 2nd. 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.