Diversified Trust Co Invests $1.16 Million in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Diversified Trust Co bought a new position in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,455 shares of the transportation company's stock, valued at approximately $1,158,000.

Several other institutional investors also recently bought and sold shares of the business. Hara Capital LLC purchased a new stake in shares of Expeditors International of Washington in the third quarter valued at $26,000. Ashton Thomas Private Wealth LLC acquired a new stake in Expeditors International of Washington in the 2nd quarter worth about $52,000. Wilmington Savings Fund Society FSB purchased a new stake in Expeditors International of Washington in the 3rd quarter valued at about $57,000. Maia Wealth LLC purchased a new stake in Expeditors International of Washington in the 3rd quarter valued at about $59,000. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of Expeditors International of Washington by 174.4% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 472 shares of the transportation company's stock valued at $62,000 after acquiring an additional 300 shares during the last quarter. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on EXPD. TD Cowen boosted their target price on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the company a "sell" rating in a report on Wednesday, November 6th. Barclays lifted 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, November 6th. Finally, Wolfe Research downgraded Expeditors International of Washington from a "hold" rating to a "strong sell" rating in a report on Wednesday, October 9th. Four equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $118.44.

Expeditors International of Washington Trading Up 1.1 %

NASDAQ:EXPD traded up $1.20 during mid-day trading on Thursday, hitting $112.60. The company had a trading volume of 986,459 shares, compared to its average volume of 916,392. Expeditors International of Washington, Inc. has a 1 year low of $109.43 and a 1 year high of $131.59. The business has a fifty day simple moving average of $117.20 and a 200-day simple moving average of $120.58. The firm has a market capitalization of $15.76 billion, a price-to-earnings ratio of 21.95, a PEG ratio of 3.36 and a beta of 0.97.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last announced its earnings results on Tuesday, November 5th. The transportation company reported $1.63 EPS for the quarter, beating the consensus estimate 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 business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.47 billion. During the same period last year, the business posted $1.16 EPS. The company's revenue was up 37.0% on a year-over-year basis. As a group, research analysts anticipate that Expeditors International of Washington, Inc. will post 5.43 earnings per share for the current year.

Expeditors International of Washington Announces Dividend

The company also recently declared 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 28.46%.

Insider Buying and Selling

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of Expeditors International of Washington 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 sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.69% of the stock is currently owned by 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.