Trillium Asset Management LLC Acquires Shares of 2,822 Expeditors International of Washington (NASDAQ:EXPD)

Share on StockTwits

Trillium Asset Management LLC acquired a new stake in Expeditors International of Washington (NASDAQ:EXPD) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,822 shares of the transportation company’s stock, valued at approximately $210,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Amundi Pioneer Asset Management Inc. lifted its stake in Expeditors International of Washington by 0.5% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 251,738 shares of the transportation company’s stock valued at $19,107,000 after buying an additional 1,141 shares in the last quarter. DNB Asset Management AS increased its holdings in Expeditors International of Washington by 8.9% during the second quarter. DNB Asset Management AS now owns 28,497 shares of the transportation company’s stock worth $2,162,000 after buying an additional 2,331 shares during the last quarter. WINTON GROUP Ltd increased its holdings in Expeditors International of Washington by 35.7% during the second quarter. WINTON GROUP Ltd now owns 375,862 shares of the transportation company’s stock worth $28,513,000 after buying an additional 98,861 shares during the last quarter. Retirement Systems of Alabama increased its holdings in Expeditors International of Washington by 0.3% during the second quarter. Retirement Systems of Alabama now owns 80,211 shares of the transportation company’s stock worth $6,085,000 after buying an additional 273 shares during the last quarter. Finally, Naples Global Advisors LLC increased its holdings in Expeditors International of Washington by 8.1% during the second quarter. Naples Global Advisors LLC now owns 7,030 shares of the transportation company’s stock worth $533,000 after buying an additional 525 shares during the last quarter. Hedge funds and other institutional investors own 92.87% of the company’s stock.

In other news, insider Eugene K. Alger sold 39,000 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $71.24, for a total value of $2,778,360.00. Following the completion of the transaction, the insider now owns 48,787 shares of the company’s stock, valued at $3,475,585.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Eugene K. Alger sold 36,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $71.05, for a total value of $2,557,800.00. Following the completion of the transaction, the insider now directly owns 45,787 shares of the company’s stock, valued at approximately $3,253,166.35. The disclosure for this sale can be found here. In the last three months, insiders have sold 262,546 shares of company stock valued at $19,835,874. Insiders own 1.20% of the company’s stock.

EXPD traded up $0.38 on Friday, hitting $76.58. 57,182 shares of the stock were exchanged, compared to its average volume of 857,966. Expeditors International of Washington has a 12 month low of $62.90 and a 12 month high of $81.15. The business has a 50-day moving average of $74.09 and a two-hundred day moving average of $73.77. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.34 and a quick ratio of 2.34. The firm has a market capitalization of $13.02 billion, a price-to-earnings ratio of 22.00 and a beta of 0.95.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings data on Tuesday, November 5th. The transportation company reported $0.92 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.91 by $0.01. Expeditors International of Washington had a net margin of 7.56% and a return on equity of 30.20%. The business had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $2.15 billion. During the same quarter in the prior year, the business posted $0.92 earnings per share. Expeditors International of Washington’s revenue was down .8% compared to the same quarter last year. Equities research analysts expect that Expeditors International of Washington will post 3.51 earnings per share for the current fiscal year.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be given a dividend of $0.50 per share. This is a boost from Expeditors International of Washington’s previous Semi-Annual dividend of $0.45. The ex-dividend date is Friday, November 29th. Expeditors International of Washington’s dividend payout ratio is currently 28.74%.

A number of equities analysts recently weighed in on EXPD shares. Barclays downgraded shares of Expeditors International of Washington from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $78.00 to $72.00 in a report on Wednesday, October 2nd. They noted that the move was a valuation call. Robert W. Baird boosted their target price on shares of Expeditors International of Washington from $77.00 to $78.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. Credit Suisse Group boosted their target price on shares of Expeditors International of Washington from $67.00 to $70.00 and gave the stock an “underperform” rating in a report on Wednesday, November 6th. Morgan Stanley boosted their target price on shares of Expeditors International of Washington from $59.00 to $61.00 and gave the stock an “equal weight” rating in a report on Monday. Finally, BidaskClub downgraded shares of Expeditors International of Washington from a “hold” rating to a “sell” rating in a report on Saturday, November 2nd. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company. Expeditors International of Washington has an average rating of “Hold” and an average target price of $72.40.

Expeditors International of Washington Profile

Expeditors International of Washington, Inc provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. 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, 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, and other logistics solutions.

Further Reading: How to Invest in the Dividend Aristocrat Index

Institutional Ownership by Quarter for Expeditors International of Washington (NASDAQ:EXPD)

Receive News & Ratings for Expeditors International of Washington Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expeditors International of Washington and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Oxford Industries  Releases FY 2019
After-Hours Earnings Guidance
Oxford Industries Releases FY 2019 After-Hours Earnings Guidance
Hamburger Hafen und Logistik AG  Given Consensus Rating of “Buy” by Analysts
Hamburger Hafen und Logistik AG Given Consensus Rating of “Buy” by Analysts
Zacks: Analysts Anticipate Capital One Financial Corp.  to Announce $2.38 EPS
Zacks: Analysts Anticipate Capital One Financial Corp. to Announce $2.38 EPS
Global Water Resources Inc  Declares Dividend Increase – $0.02 Per Share
Global Water Resources Inc Declares Dividend Increase – $0.02 Per Share
NASB Financial, Inc.  to Issue Quarterly Dividend of $0.50
NASB Financial, Inc. to Issue Quarterly Dividend of $0.50
Traceability Chain Price Tops $0.0027 on Major Exchanges
Traceability Chain Price Tops $0.0027 on Major Exchanges


© 2006-2019 Ticker Report