OneDigital Investment Advisors LLC Purchases 1,371 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

OneDigital Investment Advisors LLC grew its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 18.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,005 shares of the transportation company’s stock after purchasing an additional 1,371 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Expeditors International of Washington were worth $1,183,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sei Investments Co. lifted its holdings in shares of Expeditors International of Washington by 11.0% during the first quarter. Sei Investments Co. now owns 37,281 shares of the transportation company’s stock worth $4,532,000 after purchasing an additional 3,687 shares during the period. Blair William & Co. IL boosted its stake in shares of Expeditors International of Washington by 4.7% in the first quarter. Blair William & Co. IL now owns 7,681 shares of the transportation company’s stock worth $934,000 after acquiring an additional 347 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in Expeditors International of Washington during the 1st quarter worth $2,127,000. Meritage Group LP purchased a new stake in Expeditors International of Washington during the 1st quarter valued at about $316,000. Finally, Crewe Advisors LLC purchased a new stake in shares of Expeditors International of Washington in the first quarter valued at approximately $25,000. 94.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EXPD has been the subject of several recent analyst reports. UBS Group upgraded shares of Expeditors International of Washington from a “sell” rating to a “neutral” rating and raised their price objective 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. Wolfe Research downgraded Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 9th. Bank of America increased their price target on shares of Expeditors International of Washington from $131.00 to $132.00 and gave the stock a “neutral” rating in a research report on Monday, July 22nd. Finally, TD Cowen lifted their price objective on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a report on Wednesday, November 6th. Four equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. According to data from MarketBeat, Expeditors International of Washington presently has an average rating of “Hold” and an average target price of $118.44.

Expeditors International of Washington Trading Up 0.2 %

Shares of NASDAQ:EXPD opened at $120.37 on Tuesday. Expeditors International of Washington, Inc. has a 52 week low of $111.20 and a 52 week high of $131.59. The company’s 50 day moving average is $122.01 and its two-hundred day moving average is $121.72. The company has a market cap of $16.85 billion, a PE ratio of 23.46, a P/E/G ratio of 3.45 and a beta of 0.98.

Expeditors International of Washington (NASDAQ:EXPD) last posted its earnings results on Tuesday, November 5th. The transportation company reported $1.63 EPS for the quarter, beating the consensus estimate of $1.33 by $0.30. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.47 billion. Expeditors International of Washington had a return on equity of 32.12% and a net margin of 7.39%. Expeditors International of Washington’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 company posted $1.16 earnings per share. As a group, equities research analysts expect that Expeditors International of Washington, Inc. will post 5.37 EPS for the current year.

Expeditors International of Washington Announces Dividend

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

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.