Arjuna Capital Grows Stock Holdings in Expeditors International of Washington, Inc. $EXPD

Arjuna Capital raised its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 37.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,940 shares of the transportation company’s stock after purchasing an additional 6,471 shares during the period. Expeditors International of Washington makes up approximately 0.9% of Arjuna Capital’s holdings, making the stock its 25th largest holding. Arjuna Capital’s holdings in Expeditors International of Washington were worth $3,567,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Signaturefd LLC raised its position in Expeditors International of Washington by 2.1% during the fourth quarter. Signaturefd LLC now owns 3,447 shares of the transportation company’s stock valued at $514,000 after purchasing an additional 71 shares in the last quarter. RIA Advisory Group LLC raised its position in Expeditors International of Washington by 2.7% during the third quarter. RIA Advisory Group LLC now owns 2,970 shares of the transportation company’s stock valued at $364,000 after purchasing an additional 78 shares in the last quarter. HighPoint Advisor Group LLC raised its position in Expeditors International of Washington by 4.2% during the third quarter. HighPoint Advisor Group LLC now owns 2,085 shares of the transportation company’s stock valued at $256,000 after purchasing an additional 84 shares in the last quarter. Frank Rimerman Advisors LLC raised its position in Expeditors International of Washington by 1.8% during the fourth quarter. Frank Rimerman Advisors LLC now owns 5,408 shares of the transportation company’s stock valued at $806,000 after purchasing an additional 95 shares in the last quarter. Finally, Atria Investments Inc raised its position in Expeditors International of Washington by 0.3% during the third quarter. Atria Investments Inc now owns 33,622 shares of the transportation company’s stock valued at $4,122,000 after purchasing an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EXPD. Wolfe Research raised Expeditors International of Washington from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Zacks Research raised Expeditors International of Washington from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. UBS Group raised their price objective on Expeditors International of Washington from $166.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, May 8th. JPMorgan Chase & Co. raised their price objective on Expeditors International of Washington from $135.00 to $139.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Finally, Susquehanna raised their price objective on Expeditors International of Washington from $142.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Expeditors International of Washington currently has a consensus rating of “Hold” and an average target price of $137.30.

Expeditors International of Washington Price Performance

Shares of NASDAQ:EXPD opened at $155.53 on Friday. Expeditors International of Washington, Inc. has a 1 year low of $109.90 and a 1 year high of $167.19. The company has a market cap of $20.34 billion, a PE ratio of 27.19, a P/E/G ratio of 5.00 and a beta of 1.04. The stock’s 50-day moving average is $146.74 and its 200 day moving average is $148.26.

Expeditors International of Washington (NASDAQ:EXPD) last announced its quarterly earnings results on Tuesday, May 5th. The transportation company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.38. Expeditors International of Washington had a return on equity of 36.16% and a net margin of 7.64%.During the same quarter in the prior year, the firm posted $1.47 EPS. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. Analysts expect that Expeditors International of Washington, Inc. will post 5.39 EPS for the current fiscal year.

Expeditors International of Washington Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a dividend of $0.81 per share. This represents a yield of 106.0%. The ex-dividend date is Monday, June 1st. Expeditors International of Washington’s payout ratio is currently 26.21%.

About Expeditors International of Washington

Expeditors International of Washington is a global logistics and freight forwarding company headquartered in Seattle, Washington. The firm specializes in providing tailored supply chain solutions that encompass air, ocean and ground transportation. Through an integrated service model, Expeditors coordinates and manages the movement of goods for a diverse customer base, including manufacturers, retailers and technology companies.

The company’s core offerings include customs brokerage, cargo insurance, distribution and warehousing services, as well as vendor consolidation and inventory management.