Boston Trust Walden Corp Sells 28,886 Shares of Expeditors International of Washington, Inc. $EXPD

Boston Trust Walden Corp cut its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 6.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 452,557 shares of the transportation company’s stock after selling 28,886 shares during the quarter. Boston Trust Walden Corp owned 0.34% of Expeditors International of Washington worth $64,820,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Elyxium Wealth LLC bought a new position in Expeditors International of Washington in the fourth quarter valued at approximately $28,000. DV Equities LLC bought a new stake in Expeditors International of Washington during the fourth quarter worth $28,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Expeditors International of Washington in the 4th quarter valued at $30,000. Bard Associates Inc. acquired a new stake in shares of Expeditors International of Washington in the 4th quarter valued at $32,000. Finally, Geneos Wealth Management Inc. increased its stake in shares of Expeditors International of Washington by 132.3% in the 4th 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 during the last quarter. Institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Stock Up 0.4%

NASDAQ EXPD opened at $167.43 on Friday. Expeditors International of Washington, Inc. has a twelve month low of $110.48 and a twelve month high of $168.52. The company has a market cap of $21.90 billion, a price-to-earnings ratio of 29.27, a price-to-earnings-growth ratio of 5.00 and a beta of 1.04. The business’s fifty day moving average is $158.27 and its 200 day moving average is $153.48.

Expeditors International of Washington (NASDAQ:EXPD) last issued its earnings results on Tuesday, May 5th. The transportation company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%.The company’s revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.47 earnings per share. On average, research analysts anticipate that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current fiscal year.

Expeditors International of Washington Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.81 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a dividend yield of 101.0%. Expeditors International of Washington’s dividend payout ratio is currently 26.21%.

Analyst Ratings Changes

EXPD has been the subject of several recent analyst reports. Zacks Research upgraded Expeditors International of Washington from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. lifted their target price on Expeditors International of Washington from $135.00 to $139.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. Susquehanna boosted their target price on Expeditors International of Washington from $142.00 to $156.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. UBS Group increased their target price on shares of Expeditors International of Washington from $166.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Wolfe Research upgraded shares of Expeditors International of Washington from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $140.44.

About Expeditors International of Washington

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.