Expeditors International of Washington, Inc. $EXPD Shares Sold by Compass Capital Management Inc.

Compass Capital Management Inc. reduced its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 12.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 386,026 shares of the transportation company’s stock after selling 56,935 shares during the period. Expeditors International of Washington comprises about 3.2% of Compass Capital Management Inc.’s holdings, making the stock its 12th largest holding. Compass Capital Management Inc.’s holdings in Expeditors International of Washington were worth $55,291,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Elyxium Wealth LLC purchased a new stake in shares of Expeditors International of Washington in the 4th quarter valued at $28,000. DV Equities LLC purchased a new position in Expeditors International of Washington during the 4th quarter valued at about $28,000. Nalls Sherbakoff Group LLC purchased a new position in Expeditors International of Washington during the 4th quarter valued at about $30,000. Bard Associates Inc. acquired a new position in Expeditors International of Washington in the 4th quarter valued at about $32,000. Finally, Geneos Wealth Management Inc. grew its position in 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 acquiring an additional 131 shares in the last quarter. 94.02% of the stock is owned by institutional investors and hedge funds.

Expeditors International of Washington Price Performance

Shares of NASDAQ EXPD opened at $167.78 on Friday. The business has a 50-day moving average of $166.66 and a two-hundred day moving average of $156.47. The company has a market capitalization of $21.94 billion, a price-to-earnings ratio of 29.33, a price-to-earnings-growth ratio of 5.00 and a beta of 1.04. Expeditors International of Washington, Inc. has a 1 year low of $110.48 and a 1 year high of $183.52.

Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings data on Tuesday, May 5th. The transportation company reported $1.71 EPS for the quarter, beating 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%.During the same period in the prior year, the company posted $1.47 EPS. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. As a group, equities research analysts expect that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current year.

Expeditors International of Washington Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on EXPD shares. Stifel Nicolaus increased their price target on shares of Expeditors International of Washington from $154.00 to $158.00 and gave the stock a “hold” rating in a research report on Wednesday, July 15th. Susquehanna lifted their price objective on shares of Expeditors International of Washington from $142.00 to $156.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. UBS Group upped their target price on shares of Expeditors International of Washington from $175.00 to $191.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Truist Financial upped their target price on shares of Expeditors International of Washington from $145.00 to $175.00 and gave the stock a “hold” rating in a research note on Wednesday, July 15th. Finally, JPMorgan Chase & Co. increased their target price on shares of Expeditors International of Washington from $135.00 to $139.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $153.78.

Expeditors International of Washington Company 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.