Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Acquired by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. boosted its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 22.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,867 shares of the transportation company's stock after purchasing an additional 4,519 shares during the quarter. Coldstream Capital Management Inc.'s holdings in Expeditors International of Washington were worth $3,222,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its stake in shares of Expeditors International of Washington by 6.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 833,610 shares of the transportation company's stock valued at $109,536,000 after acquiring an additional 51,265 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in Expeditors International of Washington by 62.5% in the second quarter. Assenagon Asset Management S.A. now owns 182,816 shares of the transportation company's stock valued at $22,814,000 after purchasing an additional 70,329 shares during the period. Point72 Asset Management L.P. acquired a new position in Expeditors International of Washington during the third quarter worth approximately $4,363,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in Expeditors International of Washington by 58.8% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 27,561 shares of the transportation company's stock worth $3,439,000 after purchasing an additional 10,202 shares during the period. Finally, Vest Financial LLC boosted its holdings in shares of Expeditors International of Washington by 34.3% in the 2nd quarter. Vest Financial LLC now owns 398,061 shares of the transportation company's stock valued at $49,674,000 after purchasing an additional 101,710 shares during the last quarter. 94.02% of the stock is currently owned by hedge funds and other institutional investors.

Expeditors International of Washington Stock Performance

Shares of EXPD stock traded down $0.69 during trading hours on Wednesday, reaching $120.41. The company had a trading volume of 1,023,408 shares, compared to its average volume of 1,203,979. The company has a market capitalization of $16.85 billion, a P/E ratio of 23.47, a price-to-earnings-growth ratio of 3.38 and a beta of 0.97. Expeditors International of Washington, Inc. has a twelve month low of $111.20 and a twelve month high of $131.59. The stock's fifty day simple moving average is $120.54 and its 200 day simple moving average is $122.12.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The transportation company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.30. Expeditors International of Washington had a net margin of 7.39% and a return on equity of 32.12%. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter last year, the company earned $1.16 earnings per share. Expeditors International of Washington's revenue for the quarter was up 37.0% on a year-over-year basis. As a group, equities analysts expect that Expeditors International of Washington, Inc. will post 5.43 earnings per share for the current year.

Expeditors International of Washington Dividend Announcement

The company also recently disclosed a semi-annual dividend, which will be paid on Monday, December 16th. Shareholders 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 is currently 28.46%.

Analysts Set New Price Targets

A number of research firms have recently commented on EXPD. Wolfe Research downgraded Expeditors International of Washington from a "hold" rating to a "strong sell" rating in a report on Wednesday, October 9th. TD Cowen upped their price target 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. Finally, Barclays lifted their price objective 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. 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.com, Expeditors International of Washington has a consensus rating of "Hold" and an average price target of $118.44.

Insider Buying and Selling 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 that occurred 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 directly owns 9,662 shares of the company's stock, valued at $1,170,164.82. This represents a 23.69 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.69% of the stock is currently owned by corporate insiders.

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.