America First Investment Advisors LLC Purchases 1,510 Shares of Expeditors International of Washington (NASDAQ:EXPD)

America First Investment Advisors LLC increased its stake in shares of Expeditors International of Washington (NASDAQ:EXPD) by 0.7% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 209,765 shares of the transportation company’s stock after purchasing an additional 1,510 shares during the period. Expeditors International of Washington accounts for 4.7% of America First Investment Advisors LLC’s investment portfolio, making the stock its 12th largest position. America First Investment Advisors LLC owned about 0.12% of Expeditors International of Washington worth $15,583,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of EXPD. Amundi Pioneer Asset Management Inc. lifted its holdings in Expeditors International of Washington by 0.5% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 251,738 shares of the transportation company’s stock worth $19,107,000 after purchasing an additional 1,141 shares in the last quarter. DNB Asset Management AS lifted its holdings in Expeditors International of Washington by 8.9% during the 2nd quarter. DNB Asset Management AS now owns 28,497 shares of the transportation company’s stock worth $2,162,000 after purchasing an additional 2,331 shares in the last quarter. WINTON GROUP Ltd lifted its holdings in Expeditors International of Washington by 35.7% during the 2nd quarter. WINTON GROUP Ltd now owns 375,862 shares of the transportation company’s stock worth $28,513,000 after purchasing an additional 98,861 shares in the last quarter. Retirement Systems of Alabama lifted its holdings in Expeditors International of Washington by 0.3% during the 2nd quarter. Retirement Systems of Alabama now owns 80,211 shares of the transportation company’s stock worth $6,085,000 after purchasing an additional 273 shares in the last quarter. Finally, Naples Global Advisors LLC lifted its holdings in Expeditors International of Washington by 8.1% during the 2nd quarter. Naples Global Advisors LLC now owns 7,030 shares of the transportation company’s stock worth $533,000 after purchasing an additional 525 shares in the last quarter. 92.52% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ:EXPD opened at $77.27 on Friday. The business’s 50-day moving average price is $73.76 and its two-hundred day moving average price is $73.85. Expeditors International of Washington has a twelve month low of $62.90 and a twelve month high of $81.15. The stock has a market cap of $13.24 billion, a P/E ratio of 22.20 and a beta of 0.95. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.15.

Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings results on Tuesday, November 5th. The transportation company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.01. Expeditors International of Washington had a return on equity of 30.76% and a net margin of 7.56%. The firm had revenue of $2.07 billion for the quarter, compared to analysts’ expectations of $2.15 billion. During the same quarter last year, the firm posted $0.92 EPS. The company’s revenue was down .8% compared to the same quarter last year. On average, equities research analysts expect that Expeditors International of Washington will post 3.52 EPS for the current fiscal year.

The firm also recently declared a Semi-Annual dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, November 29th. This is a boost from Expeditors International of Washington’s previous Semi-Annual dividend of $0.45. Expeditors International of Washington’s dividend payout ratio (DPR) is presently 28.74%.

EXPD has been the topic of a number of recent research reports. Cowen reissued a “hold” rating and set a $78.00 price objective on shares of Expeditors International of Washington in a report on Tuesday. Robert W. Baird increased their price objective on Expeditors International of Washington from $77.00 to $78.00 and gave the stock a “neutral” rating in a report on Wednesday. Stifel Nicolaus dropped their price objective on Expeditors International of Washington from $73.00 to $72.00 and set a “hold” rating on the stock in a report on Monday, August 5th. UBS Group set a $67.00 price objective on Expeditors International of Washington and gave the stock a “sell” rating in a report on Wednesday, August 7th. Finally, Barclays cut Expeditors International of Washington from an “overweight” rating to an “equal weight” rating and dropped their price objective 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. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company’s stock. Expeditors International of Washington has a consensus rating of “Hold” and an average price target of $73.67.

In other news, insider Eugene K. Alger sold 36,000 shares of the stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $71.05, for a total transaction of $2,557,800.00. Following the transaction, the insider now directly owns 45,787 shares in the company, valued at approximately $3,253,166.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sidney E. Harris sold 1,860 shares of the stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $134.50, for a total value of $250,170.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 262,546 shares of company stock worth $19,835,874. Insiders own 1.20% of the company’s stock.

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.

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

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