Natixis Advisors LLC Has $94.07 Million Stake in Expeditors International of Washington, Inc. $EXPD

Natixis Advisors LLC lifted its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 3.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 631,304 shares of the transportation company’s stock after purchasing an additional 18,728 shares during the quarter. Natixis Advisors LLC owned 0.47% of Expeditors International of Washington worth $94,071,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of EXPD. Elyxium Wealth LLC acquired a new position in shares of Expeditors International of Washington in the fourth quarter valued at $28,000. Community Bank N.A. acquired a new position in shares of Expeditors International of Washington in the third quarter valued at $34,000. Geneos Wealth Management Inc. raised its stake in shares of Expeditors International of Washington by 132.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 230 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 131 shares in the last quarter. Oakworth Capital Inc. raised its stake in shares of Expeditors International of Washington by 1,723.1% in the fourth quarter. Oakworth Capital Inc. now owns 237 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 224 shares in the last quarter. Finally, eCIO Inc. acquired a new position in shares of Expeditors International of Washington in the fourth quarter valued at $37,000. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on EXPD shares. Susquehanna upped their target price on Expeditors International of Washington from $142.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Zacks Research upgraded Expeditors International of Washington from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. UBS Group increased their price objective on Expeditors International of Washington from $166.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Wolfe Research upgraded Expeditors International of Washington from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Finally, Truist Financial dropped their price objective on Expeditors International of Washington from $160.00 to $140.00 and set a “hold” rating for the company in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $137.30.

Expeditors International of Washington Price Performance

Expeditors International of Washington stock opened at $157.88 on Wednesday. The stock has a fifty day moving average price of $150.02 and a two-hundred day moving average price of $150.71. Expeditors International of Washington, Inc. has a 52-week low of $110.08 and a 52-week high of $167.19. The firm has a market capitalization of $20.65 billion, a P/E ratio of 27.60, a P/E/G ratio of 5.00 and a beta of 1.05.

Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings data on Tuesday, May 5th. The transportation company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate 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%.During the same quarter last year, the company earned $1.47 earnings per share. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. On average, equities research analysts predict that Expeditors International of Washington, Inc. will post 5.39 EPS for the current fiscal year.

Expeditors International of Washington Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a $0.81 dividend. The ex-dividend date is Monday, June 1st. This represents a dividend yield of 101.0%. Expeditors International of Washington’s dividend payout ratio (DPR) is 26.21%.

Expeditors International of Washington Profile

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.