Tandem Investment Advisors Inc. Has $47.53 Million Stock Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Tandem Investment Advisors Inc. boosted its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 1.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 361,713 shares of the transportation company's stock after buying an additional 5,391 shares during the quarter. Expeditors International of Washington makes up approximately 1.8% of Tandem Investment Advisors Inc.'s investment portfolio, making the stock its 26th largest position. Tandem Investment Advisors Inc. owned approximately 0.26% of Expeditors International of Washington worth $47,529,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXPD. Crewe Advisors LLC acquired a new stake in shares of Expeditors International of Washington during the 1st quarter worth about $25,000. Hara Capital LLC acquired a new stake in Expeditors International of Washington during the third quarter worth approximately $26,000. Innealta Capital LLC bought a new stake in shares of Expeditors International of Washington during the second quarter worth approximately $31,000. Family Firm Inc. acquired a new position in shares of Expeditors International of Washington in the second quarter valued at approximately $35,000. Finally, ORG Partners LLC grew its holdings in Expeditors International of Washington by 752.0% in the 1st quarter. ORG Partners LLC now owns 426 shares of the transportation company's stock valued at $51,000 after buying an additional 376 shares in the last quarter. Institutional investors own 94.02% of the company's stock.

Expeditors International of Washington Price Performance

Shares of EXPD stock traded up $0.04 on Friday, hitting $120.03. 1,230,076 shares of the company's stock were exchanged, compared to its average volume of 1,222,123. The company has a 50 day moving average of $122.45 and a 200 day moving average of $121.27. The stock has a market cap of $16.94 billion, a P/E ratio of 25.74, a price-to-earnings-growth ratio of 5.08 and a beta of 0.98. Expeditors International of Washington, Inc. has a 12 month low of $111.20 and a 12 month high of $131.59.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last posted its earnings results on Tuesday, November 5th. The transportation company reported $1.63 EPS for the quarter, topping analysts' consensus estimates of $1.33 by $0.30. The firm had revenue of $3 billion during the quarter, compared to analysts' expectations of $2.47 billion. Expeditors International of Washington had a net margin of 7.40% and a return on equity of 29.15%. The business's revenue for the quarter was up 37.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.16 earnings per share. Sell-side analysts predict that Expeditors International of Washington, Inc. will post 5.04 EPS for the current fiscal year.

Expeditors International of Washington Dividend Announcement

The business also recently declared a semi-annual dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be issued a dividend of $0.73 per share. The ex-dividend date is Monday, December 2nd. This represents a dividend yield of 1.2%. Expeditors International of Washington's dividend payout ratio (DPR) is presently 31.33%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Benchmark restated a "hold" rating on shares of Expeditors International of Washington in a research note on Wednesday, August 7th. UBS Group upgraded shares of Expeditors International of Washington from a "sell" rating to a "neutral" rating and increased their target price for the stock from $95.00 to $137.00 in a research report on Thursday, August 1st. Wolfe Research downgraded shares of Expeditors International of Washington from a "hold" rating to a "strong sell" rating in a research report on Wednesday, October 9th. TD Cowen increased their price target on Expeditors International of Washington from $106.00 to $108.00 and gave the stock a "sell" rating in a research report on Wednesday. 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 report on Wednesday. Five research analysts have rated the stock with a sell rating and seven have given a hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $115.00.

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.