Claro Advisors LLC Sells 1,165 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Claro Advisors LLC trimmed its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 16.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,795 shares of the transportation company’s stock after selling 1,165 shares during the quarter. Claro Advisors LLC’s holdings in Expeditors International of Washington were worth $642,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. First Eagle Investment Management LLC boosted its holdings in shares of Expeditors International of Washington by 3.0% during the 2nd quarter. First Eagle Investment Management LLC now owns 2,777,134 shares of the transportation company’s stock worth $346,559,000 after buying an additional 82,107 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Expeditors International of Washington by 12.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,400,949 shares of the transportation company’s stock worth $315,485,000 after buying an additional 257,791 shares in the last quarter. Marshfield Associates boosted its holdings in shares of Expeditors International of Washington by 0.4% during the 3rd quarter. Marshfield Associates now owns 1,818,027 shares of the transportation company’s stock worth $238,889,000 after buying an additional 6,878 shares in the last quarter. ProShare Advisors LLC boosted its holdings in shares of Expeditors International of Washington by 16.8% during the 2nd quarter. ProShare Advisors LLC now owns 1,582,963 shares of the transportation company’s stock worth $197,538,000 after buying an additional 227,671 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Expeditors International of Washington by 7.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,278,815 shares of the transportation company’s stock worth $159,595,000 after buying an additional 85,393 shares in the last quarter. 94.02% of the stock is currently owned by institutional investors.

Expeditors International of Washington Trading Up 1.4 %

NASDAQ EXPD opened at $110.59 on Tuesday. The firm has a market capitalization of $15.48 billion, a P/E ratio of 21.56, a PEG ratio of 3.36 and a beta of 0.99. The business has a fifty day simple moving average of $116.80 and a 200 day simple moving average of $120.26. Expeditors International of Washington, Inc. has a 12 month low of $108.36 and a 12 month high of $131.59.

Expeditors International of Washington (NASDAQ:EXPD) last announced its quarterly earnings data on Tuesday, November 5th. The transportation company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.30. The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.47 billion. Expeditors International of Washington had a return on equity of 32.12% and a net margin of 7.39%. The business’s revenue for the quarter was up 37.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.16 EPS. As a group, sell-side 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 firm also recently disclosed a semi-annual dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were paid a $0.73 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a yield of 1.2%. Expeditors International of Washington’s dividend payout ratio (DPR) is presently 28.46%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on EXPD shares. TD Cowen upped their target price on Expeditors International of Washington from $106.00 to $108.00 and gave the stock a “sell” rating in a research report on Wednesday, November 6th. Wolfe Research lowered Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 9th. Finally, Barclays upped their target price on Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Four investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $118.44.

Insider Buying and Selling at Expeditors International of Washington

In other news, Director Robert Paul Carlile sold 3,000 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $121.11, for a total transaction of $363,330.00. Following the completion of the transaction, the director now owns 9,662 shares in the company, valued at approximately $1,170,164.82. This represents a 23.69 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.69% of the company’s stock.

Expeditors International of Washington Company 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.