Barclays PLC Grows Stock Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Barclays PLC raised its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 2.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 571,548 shares of the transportation company's stock after acquiring an additional 13,479 shares during the quarter. Barclays PLC owned about 0.41% of Expeditors International of Washington worth $75,099,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. First Eagle Investment Management LLC boosted its position in shares of Expeditors International of Washington by 3.0% during the 2nd quarter. First Eagle Investment Management LLC now owns 2,777,134 shares of the transportation company's stock valued at $346,559,000 after purchasing an additional 82,107 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Expeditors International of Washington by 12.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,400,949 shares of the transportation company's stock worth $315,485,000 after buying an additional 257,791 shares in the last quarter. Marshfield Associates boosted its holdings in shares of Expeditors International of Washington by 0.3% during the 2nd quarter. Marshfield Associates now owns 1,811,149 shares of the transportation company's stock worth $226,013,000 after buying an additional 5,712 shares in the last quarter. ProShare Advisors LLC grew its position in shares of Expeditors International of Washington by 16.8% during the 2nd quarter. ProShare Advisors LLC now owns 1,582,963 shares of the transportation company's stock worth $197,538,000 after buying an additional 227,671 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Expeditors International of Washington by 7.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,278,815 shares of the transportation company's stock valued at $159,595,000 after acquiring an additional 85,393 shares in the last quarter. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Expeditors International of Washington Stock Performance

EXPD traded down $0.65 during midday trading on Thursday, reaching $119.75. 1,119,908 shares of the company were exchanged, compared to its average volume of 1,203,628. Expeditors International of Washington, Inc. has a one year low of $111.20 and a one year high of $131.59. The company's fifty day moving average price is $120.54 and its 200 day moving average price is $122.12. The company has a market cap of $16.76 billion, a price-to-earnings ratio of 23.47, a price-to-earnings-growth ratio of 3.38 and a beta of 0.97.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The transportation company reported $1.63 EPS for the quarter, beating analysts' consensus estimates of $1.33 by $0.30. The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.47 billion. Expeditors International of Washington had a return on equity of 32.12% and a net margin of 7.39%. Expeditors International of Washington's quarterly revenue was up 37.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.16 EPS. As a group, sell-side analysts anticipate that Expeditors International of Washington, Inc. will post 5.43 earnings per share for the current fiscal year.

Expeditors International of Washington Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. 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 note on Wednesday, November 6th. Barclays upped their price objective 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, November 6th. Finally, Wolfe Research downgraded Expeditors International of Washington from a "hold" rating to a "strong sell" rating in a research note on Wednesday, October 9th. Four investment analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company's stock. Based on data from MarketBeat, Expeditors International of Washington has a consensus rating of "Hold" and a consensus target price of $118.44.

Insiders Place Their Bets

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of the business'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 transaction, the director now owns 9,662 shares of the company's stock, valued at approximately $1,170,164.82. The trade was a 23.69 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.69% of the stock is currently owned by insiders.

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.