Captrust Financial Advisors Acquires 395 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Captrust Financial Advisors grew its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 11.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 3,733 shares of the transportation company’s stock after acquiring an additional 395 shares during the period. Captrust Financial Advisors’ holdings in Expeditors International of Washington were worth $490,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its holdings in Expeditors International of Washington by 6.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 833,610 shares of the transportation company’s stock valued at $109,536,000 after acquiring an additional 51,265 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Expeditors International of Washington by 62.5% during the second quarter. Assenagon Asset Management S.A. now owns 182,816 shares of the transportation company’s stock worth $22,814,000 after purchasing an additional 70,329 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in Expeditors International of Washington by 58.8% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 27,561 shares of the transportation company’s stock valued at $3,439,000 after purchasing an additional 10,202 shares during the period. Vest Financial LLC grew its holdings in Expeditors International of Washington by 34.3% in the 2nd quarter. Vest Financial LLC now owns 398,061 shares of the transportation company’s stock valued at $49,674,000 after buying an additional 101,710 shares in the last quarter. Finally, Plato Investment Management Ltd increased its position in Expeditors International of Washington by 70.6% during the 2nd quarter. Plato Investment Management Ltd now owns 16,455 shares of the transportation company’s stock worth $2,053,000 after buying an additional 6,807 shares during the period. 94.02% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on EXPD shares. Barclays upped 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 research note on Wednesday, November 6th. Wolfe Research cut shares of Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th. Finally, TD Cowen boosted their price target on Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a research note on Wednesday, November 6th. Four investment analysts have rated the stock with a sell rating and seven have given a hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $118.44.

Expeditors International of Washington Stock Performance

Shares of EXPD stock opened at $119.75 on Friday. The stock’s fifty day moving average price is $120.49 and its two-hundred day moving average price is $122.10. The company has a market cap of $16.76 billion, a PE ratio of 23.34, a P/E/G ratio of 3.38 and a beta of 0.97. Expeditors International of Washington, Inc. has a fifty-two week low of $111.20 and a fifty-two week high of $131.59.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings results on Tuesday, November 5th. The transportation company reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.30. Expeditors International of Washington had a net margin of 7.39% and a return on equity of 32.12%. The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.47 billion. During the same period last year, the company posted $1.16 EPS. The firm’s quarterly revenue was up 37.0% compared to the same quarter last year. On average, equities analysts predict that Expeditors International of Washington, Inc. will post 5.43 EPS for the current fiscal year.

Expeditors International of Washington Announces Dividend

The business also recently announced a semi-annual dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a $0.73 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a yield of 1.2%. Expeditors International of Washington’s dividend payout ratio is currently 28.46%.

Insider Buying and Selling at Expeditors International of Washington

In other news, Director Robert Paul Carlile sold 3,000 shares of Expeditors International of Washington stock in a transaction dated 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 of the company’s stock, valued at approximately $1,170,164.82. This trade represents a 23.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.69% of the company’s stock.

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.