Boston Trust Walden Corp Sells 4,940 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Boston Trust Walden Corp decreased its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 1.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 455,233 shares of the transportation company's stock after selling 4,940 shares during the quarter. Boston Trust Walden Corp owned 0.32% of Expeditors International of Washington worth $59,818,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Swedbank AB purchased a new position in shares of Expeditors International of Washington during the first quarter valued at $2,954,000. Banco Santander S.A. boosted its holdings in shares of Expeditors International of Washington by 141.0% during the first quarter. Banco Santander S.A. now owns 89,903 shares of the transportation company's stock worth $10,930,000 after purchasing an additional 52,603 shares during the period. Magnetar Financial LLC purchased a new position in Expeditors International of Washington during the first quarter valued at approximately $1,305,000. Assenagon Asset Management S.A. increased its stake in Expeditors International of Washington by 62.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 182,816 shares of the transportation company's stock valued at $22,814,000 after buying an additional 70,329 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in Expeditors International of Washington by 8.3% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 115,854 shares of the transportation company's stock worth $13,326,000 after buying an additional 8,917 shares in the last quarter. Institutional investors own 94.02% of the company's stock.

Analyst Ratings Changes

EXPD has been the topic of a number of research reports. Robert W. Baird upped their price target on shares of Expeditors International of Washington from $118.00 to $126.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 3rd. UBS Group raised Expeditors International of Washington from a "sell" rating to a "neutral" rating and upped their target price for the stock from $95.00 to $137.00 in a research report on Thursday, August 1st. Benchmark reiterated a "hold" rating on shares of Expeditors International of Washington in a report on Wednesday, August 7th. TD Cowen downgraded Expeditors International of Washington from a "hold" rating to a "sell" rating and dropped their price objective for the stock from $112.00 to $106.00 in a report on Monday, October 14th. Finally, Wolfe Research cut shares of Expeditors International of Washington from a "hold" rating to a "strong sell" rating in a research note on Wednesday, October 9th. Four analysts have rated the stock with a sell rating and seven have given a hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $115.33.

Expeditors International of Washington Price Performance

NASDAQ:EXPD traded up $0.26 during midday trading on Friday, reaching $119.84. The stock had a trading volume of 601,556 shares, compared to its average volume of 1,207,679. The stock has a market capitalization of $16.93 billion, a P/E ratio of 25.39, a PEG ratio of 5.51 and a beta of 0.97. Expeditors International of Washington, Inc. has a 1-year low of $107.03 and a 1-year high of $131.59. The firm's fifty day simple moving average is $122.86 and its 200-day simple moving average is $121.08.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The transportation company reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.26 by ($0.02). Expeditors International of Washington had a net margin of 7.40% and a return on equity of 29.15%. The business had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period in the prior year, the business posted $1.30 earnings per share. The company's revenue for the quarter was up 8.9% compared to the same quarter last year. On average, equities research analysts anticipate that Expeditors International of Washington, Inc. will post 5.01 earnings per share for the current fiscal year.

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.