UBS Group AG Has $25.45 Million Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

UBS Group AG increased its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPDGet Rating) by 130.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 261,122 shares of the transportation company’s stock after buying an additional 147,609 shares during the quarter. UBS Group AG’s holdings in Expeditors International of Washington were worth $25,449,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Valley National Advisers Inc. lifted its stake in Expeditors International of Washington by 605.6% in the second quarter. Valley National Advisers Inc. now owns 254 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 218 shares during the last quarter. Allworth Financial LP lifted its stake in Expeditors International of Washington by 2,866.7% in the second quarter. Allworth Financial LP now owns 267 shares of the transportation company’s stock valued at $26,000 after acquiring an additional 258 shares during the last quarter. Lindbrook Capital LLC lifted its stake in Expeditors International of Washington by 78.0% in the second quarter. Lindbrook Capital LLC now owns 283 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 124 shares during the last quarter. TCI Wealth Advisors Inc. lifted its stake in Expeditors International of Washington by 3,625.0% in the second quarter. TCI Wealth Advisors Inc. now owns 298 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 290 shares during the last quarter. Finally, Venture Visionary Partners LLC acquired a new stake in Expeditors International of Washington in the second quarter valued at approximately $29,000. 89.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Expeditors International of Washington

In other Expeditors International of Washington news, CFO Bradley S. Powell sold 17,206 shares of the business’s stock in a transaction on Wednesday, November 9th. The shares were sold at an average price of $106.23, for a total value of $1,827,793.38. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 986 shares of the business’s stock in a transaction on Wednesday, November 9th. The shares were sold at an average price of $106.59, for a total value of $105,097.74. Following the sale, the vice president now owns 1,770 shares of the company’s stock, valued at approximately $188,664.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Bradley S. Powell sold 17,206 shares of the business’s stock in a transaction on Wednesday, November 9th. The shares were sold at an average price of $106.23, for a total transaction of $1,827,793.38. The disclosure for this sale can be found here. Insiders have sold 29,692 shares of company stock valued at $3,237,336 in the last 90 days. 0.55% of the stock is currently owned by company insiders.

Expeditors International of Washington Trading Down 0.1 %

Shares of EXPD stock opened at $113.99 on Friday. Expeditors International of Washington, Inc. has a 1 year low of $86.08 and a 1 year high of $137.80. The firm’s fifty day simple moving average is $97.00 and its 200 day simple moving average is $100.86. The firm has a market capitalization of $18.14 billion, a P/E ratio of 11.97 and a beta of 0.93.

Expeditors International of Washington (NASDAQ:EXPDGet Rating) last announced its earnings results on Tuesday, November 8th. The transportation company reported $2.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.63. Expeditors International of Washington had a net margin of 8.36% and a return on equity of 44.27%. The business had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.21 billion. During the same quarter in the previous year, the firm posted $2.09 earnings per share. Expeditors International of Washington’s revenue was up 1.0% compared to the same quarter last year. Equities research analysts anticipate that Expeditors International of Washington, Inc. will post 8.14 EPS for the current fiscal year.

Expeditors International of Washington Announces Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Thursday, December 15th. Investors of record on Thursday, December 1st will be given a dividend of $0.67 per share. This represents a yield of 1.2%. The ex-dividend date is Wednesday, November 30th. Expeditors International of Washington’s dividend payout ratio (DPR) is currently 14.08%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on EXPD shares. Barclays reduced their target price on shares of Expeditors International of Washington from $95.00 to $90.00 and set an “underweight” rating for the company in a research note on Thursday, October 13th. Susquehanna dropped their price target on shares of Expeditors International of Washington from $110.00 to $95.00 in a research report on Wednesday, November 9th. Cowen dropped their price target on shares of Expeditors International of Washington to $122.00 in a research report on Tuesday, November 15th. Wells Fargo & Company lowered shares of Expeditors International of Washington from an “equal weight” rating to an “underweight” rating and set a $95.00 price target on the stock. in a research report on Tuesday. Finally, Susquehanna Bancshares dropped their price target on shares of Expeditors International of Washington from $110.00 to $95.00 in a research report on Wednesday, November 9th. Four analysts have rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $101.13.

Expeditors International of Washington Profile

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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, specialized cargo monitoring and tracking, and other supply chain solutions.

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

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