Boomfish Wealth Group LLC Buys 794 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Boomfish Wealth Group LLC increased its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 4.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,846 shares of the transportation company’s stock after buying an additional 794 shares during the quarter. Boomfish Wealth Group LLC’s holdings in Expeditors International of Washington were worth $2,088,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Hara Capital LLC bought a new stake in shares of Expeditors International of Washington in the 3rd quarter worth about $26,000. Wilmington Savings Fund Society FSB bought a new stake in Expeditors International of Washington in the third quarter worth about $57,000. Maia Wealth LLC purchased a new position in shares of Expeditors International of Washington during the third quarter valued at approximately $59,000. Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Expeditors International of Washington by 174.4% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 472 shares of the transportation company’s stock valued at $62,000 after buying an additional 300 shares during the last quarter. Finally, Quarry LP raised its holdings in shares of Expeditors International of Washington by 315.6% in the second quarter. Quarry LP now owns 561 shares of the transportation company’s stock worth $70,000 after buying an additional 426 shares during the period. 94.02% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Expeditors International of Washington

In related news, Director Robert Paul Carlile sold 3,000 shares of Expeditors International of Washington stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total value of $363,330.00. Following the completion of the sale, the director now directly owns 9,662 shares in the company, valued at $1,170,164.82. This trade represents a 23.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.69% of the company’s stock.

Expeditors International of Washington Trading Down 0.5 %

Shares of NASDAQ:EXPD opened at $113.76 on Friday. The company has a market capitalization of $15.92 billion, a PE ratio of 22.28, a P/E/G ratio of 3.89 and a beta of 0.99. Expeditors International of Washington, Inc. has a 12-month low of $108.36 and a 12-month high of $131.59. The business’s fifty day simple moving average is $114.93 and its 200-day simple moving average is $119.45.

Expeditors International of Washington (NASDAQ:EXPD) last announced its earnings results on Tuesday, November 5th. The transportation company reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.30. Expeditors International of Washington had a net margin of 7.39% and a return on equity of 32.12%. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same period in the previous year, the company posted $1.16 earnings per share. The firm’s revenue was up 37.0% on a year-over-year basis. Research analysts predict that Expeditors International of Washington, Inc. will post 5.47 EPS for the current year.

Expeditors International of Washington Announces Dividend

The firm also recently declared a semi-annual dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were given a dividend of $0.73 per share. This represents a dividend yield of 1.2%. The ex-dividend date was Monday, December 2nd. Expeditors International of Washington’s payout ratio is presently 28.46%.

Analyst Upgrades and Downgrades

EXPD has been the topic of several research analyst reports. Bank of America cut their price objective on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. TD Cowen upped their price target on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the stock a “sell” rating in a report on Wednesday, November 6th. Stifel Nicolaus decreased their price objective on shares of Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating for the company in a report on Thursday, January 23rd. Barclays raised their target price on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Finally, Wolfe Research cut Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Expeditors International of Washington currently has a consensus rating of “Hold” and a consensus price target of $117.44.

Expeditors International of Washington Profile

Expeditors International of Washington, Inc, together with its subsidiaries, provides logistics services worldwide. 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, import, 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.