Beaumont Financial Advisors LLC Takes $342,000 Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Beaumont Financial Advisors LLC purchased a new position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,087 shares of the transportation company’s stock, valued at approximately $342,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of EXPD. Blair William & Co. IL boosted its stake in shares of Expeditors International of Washington by 1.2% during the second quarter. Blair William & Co. IL now owns 7,776 shares of the transportation company’s stock worth $970,000 after buying an additional 95 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Expeditors International of Washington by 1.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,853 shares of the transportation company’s stock worth $730,000 after acquiring an additional 104 shares during the period. Lindenwold Advisors INC grew its stake in shares of Expeditors International of Washington by 0.7% in the 3rd quarter. Lindenwold Advisors INC now owns 16,713 shares of the transportation company’s stock valued at $2,196,000 after purchasing an additional 114 shares during the last quarter. Guardian Wealth Advisors LLC increased its holdings in shares of Expeditors International of Washington by 5.9% in the third quarter. Guardian Wealth Advisors LLC now owns 2,050 shares of the transportation company’s stock valued at $269,000 after purchasing an additional 115 shares during the period. Finally, Huntington National Bank raised its stake in shares of Expeditors International of Washington by 7.4% during the third quarter. Huntington National Bank now owns 1,835 shares of the transportation company’s stock worth $241,000 after purchasing an additional 127 shares during the last quarter. 94.02% of the stock is owned by hedge funds and other institutional investors.

Expeditors International of Washington Trading Down 0.3 %

Shares of Expeditors International of Washington stock opened at $112.39 on Thursday. The company has a 50-day moving average of $115.61 and a two-hundred day moving average of $119.71. Expeditors International of Washington, Inc. has a 12-month low of $108.36 and a 12-month high of $131.59. The stock has a market cap of $15.73 billion, a PE ratio of 21.91, a price-to-earnings-growth ratio of 3.74 and a beta of 0.99.

Expeditors International of Washington (NASDAQ:EXPD) last issued its quarterly earnings data on Tuesday, November 5th. The transportation company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.30. Expeditors International of Washington had a return on equity of 32.12% and a net margin of 7.39%. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same period in the previous year, the firm posted $1.16 earnings per share. Expeditors International of Washington’s revenue was up 37.0% on a year-over-year basis. On average, sell-side analysts forecast that Expeditors International of Washington, Inc. will post 5.47 EPS for the current fiscal year.

Expeditors International of Washington Dividend Announcement

The firm also recently disclosed a semi-annual dividend, which was paid on Monday, December 16th. Investors 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 payout ratio is 28.46%.

Analysts Set New Price Targets

EXPD has been the topic of a number of analyst reports. 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 research report on Wednesday, November 6th. Wolfe Research lowered shares of Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. Bank of America reduced their price objective on shares of Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Finally, Barclays boosted 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 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.com, Expeditors International of Washington presently has a consensus rating of “Hold” and an average price target of $117.11.

Insider Buying and Selling at Expeditors International of Washington

In other Expeditors International of Washington 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 sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.69% of the stock is currently owned by insiders.

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.