Dimensional Fund Advisors LP Has $218.07 Million Position in Expeditors International of Washington, Inc. $EXPD

Dimensional Fund Advisors LP raised its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 2.5% in the first quarter, HoldingsChannel.com reports. The firm owned 1,522,593 shares of the transportation company’s stock after buying an additional 37,795 shares during the period. Dimensional Fund Advisors LP’s holdings in Expeditors International of Washington were worth $218,068,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Expeditors International of Washington by 4.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,168 shares of the transportation company’s stock valued at $1,944,000 after acquiring an additional 623 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Expeditors International of Washington by 75.4% in the first quarter. Jones Financial Companies Lllp now owns 2,324 shares of the transportation company’s stock worth $279,000 after purchasing an additional 999 shares during the last quarter. Woodline Partners LP lifted its holdings in shares of Expeditors International of Washington by 40.7% in the first quarter. Woodline Partners LP now owns 11,826 shares of the transportation company’s stock valued at $1,422,000 after purchasing an additional 3,420 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of Expeditors International of Washington by 33.9% in the first quarter. Focus Partners Wealth now owns 5,227 shares of the transportation company’s stock valued at $628,000 after purchasing an additional 1,324 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Expeditors International of Washington by 29.7% during the second quarter. EverSource Wealth Advisors LLC now owns 1,113 shares of the transportation company’s stock valued at $127,000 after buying an additional 255 shares during the last quarter. 94.02% of the stock is owned by institutional investors.

Expeditors International of Washington Price Performance

Shares of NASDAQ:EXPD opened at $176.28 on Friday. Expeditors International of Washington, Inc. has a 1 year low of $110.48 and a 1 year high of $183.52. The company has a market capitalization of $23.06 billion, a PE ratio of 30.82, a price-to-earnings-growth ratio of 5.00 and a beta of 1.04. The business has a fifty day moving average price of $165.08 and a two-hundred day moving average price of $155.90.

Expeditors International of Washington (NASDAQ:EXPD) last released its earnings results on Tuesday, May 5th. The transportation company reported $1.71 EPS for the quarter, topping 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%.The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.47 EPS. Sell-side analysts anticipate that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current year.

Expeditors International of Washington Announces Dividend

The business also recently announced a dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.81 dividend. This represents a yield of 101.0%. The ex-dividend date was Monday, June 1st. Expeditors International of Washington’s payout ratio is presently 26.21%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on EXPD. Susquehanna upped their price target on Expeditors International of Washington from $142.00 to $156.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Truist Financial lifted their price objective on shares of Expeditors International of Washington from $145.00 to $175.00 and gave the stock a “hold” rating in a report on Wednesday, July 15th. Zacks Research upgraded shares of Expeditors International of Washington from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Citizens Jmp started coverage on shares of Expeditors International of Washington in a report on Wednesday, July 15th. They set a “market perform” rating on the stock. Finally, Bank of America upped their price objective on shares of Expeditors International of Washington from $181.00 to $189.00 and gave the stock a “buy” rating in a research report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $153.78.

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.