Expeditors International of Washington, Inc. $EXPD Shares Acquired by Candriam S.C.A.

Candriam S.C.A. boosted its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 2.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,802 shares of the transportation company’s stock after buying an additional 767 shares during the quarter. Candriam S.C.A.’s holdings in Expeditors International of Washington were worth $3,177,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. CWM LLC lifted its position in shares of Expeditors International of Washington by 17.8% in the 1st quarter. CWM LLC now owns 11,355 shares of the transportation company’s stock worth $1,365,000 after buying an additional 1,713 shares during the last quarter. Sigma Planning Corp boosted its stake in Expeditors International of Washington by 10.2% in the first quarter. Sigma Planning Corp now owns 2,060 shares of the transportation company’s stock valued at $248,000 after acquiring an additional 191 shares during the period. Apollon Wealth Management LLC acquired a new position in Expeditors International of Washington in the first quarter valued at approximately $237,000. Wealthfront Advisers LLC grew its holdings in shares of Expeditors International of Washington by 7.2% during the first quarter. Wealthfront Advisers LLC now owns 21,609 shares of the transportation company’s stock valued at $2,598,000 after purchasing an additional 1,448 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in shares of Expeditors International of Washington by 2.0% during the 1st quarter. Victory Capital Management Inc. now owns 312,180 shares of the transportation company’s stock worth $37,540,000 after purchasing an additional 6,111 shares during the period. Institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Stock Down 0.0%

Shares of Expeditors International of Washington stock opened at $138.41 on Friday. The business has a fifty day simple moving average of $123.83 and a 200-day simple moving average of $118.45. Expeditors International of Washington, Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $142.09. The firm has a market cap of $18.55 billion, a price-to-earnings ratio of 24.20, a price-to-earnings-growth ratio of 5.00 and a beta of 1.09.

Expeditors International of Washington Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be paid a dividend of $0.77 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a yield of 113.0%. Expeditors International of Washington’s dividend payout ratio is currently 25.12%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on EXPD shares. TD Cowen upped their price objective on Expeditors International of Washington from $111.00 to $131.00 and gave the stock a “sell” rating in a research note on Wednesday, November 5th. Zacks Research upgraded shares of Expeditors International of Washington from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 11th. Bank of America upgraded shares of Expeditors International of Washington from an “underperform” rating to a “neutral” rating and set a $142.00 price objective on the stock in a research report on Wednesday, November 5th. JPMorgan Chase & Co. raised their price target on shares of Expeditors International of Washington from $116.00 to $134.00 and gave the company an “underweight” rating in a research note on Wednesday, November 5th. Finally, Truist Financial boosted their price objective on Expeditors International of Washington from $120.00 to $130.00 and gave the stock a “hold” rating in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Expeditors International of Washington presently has a consensus rating of “Reduce” and an average price target of $128.78.

Insider Buying and Selling

In other Expeditors International of Washington news, Director Mark A. Emmert sold 5,400 shares of Expeditors International of Washington stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $135.25, for a total value of $730,350.00. Following the transaction, the director owned 6,468 shares in the company, valued at approximately $874,797. The trade was a 45.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Jeffrey F. Dickerman sold 1,500 shares of the stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $134.17, for a total value of $201,255.00. Following the sale, the vice president owned 6,151 shares of the company’s stock, valued at $825,279.67. This trade represents a 19.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Company 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.