Natixis Advisors LLC Has $94.07 Million Stock Holdings in Expeditors International of Washington, Inc. $EXPD

Natixis Advisors LLC grew its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 3.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 631,304 shares of the transportation company’s stock after buying an additional 18,728 shares during the quarter. Natixis Advisors LLC’s holdings in Expeditors International of Washington were worth $94,071,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Elyxium Wealth LLC acquired a new stake in shares of Expeditors International of Washington in the fourth quarter valued at $28,000. Community Bank N.A. acquired a new stake in shares of Expeditors International of Washington in the third quarter valued at $34,000. Geneos Wealth Management Inc. increased its stake in shares of Expeditors International of Washington by 132.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 230 shares of the transportation company’s stock valued at $34,000 after buying an additional 131 shares in the last quarter. Oakworth Capital Inc. increased its stake in shares of Expeditors International of Washington by 1,723.1% in the fourth quarter. Oakworth Capital Inc. now owns 237 shares of the transportation company’s stock valued at $35,000 after buying an additional 224 shares in the last quarter. Finally, eCIO Inc. acquired a new stake in shares of Expeditors International of Washington in the fourth quarter valued at $37,000. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Zacks Research upgraded Expeditors International of Washington from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Truist Financial decreased their price target on Expeditors International of Washington from $160.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, February 25th. Susquehanna raised their price target on Expeditors International of Washington from $142.00 to $156.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. raised their price target on Expeditors International of Washington from $135.00 to $139.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Finally, Wolfe Research upgraded Expeditors International of Washington from a “strong sell” rating to a “hold” rating in a report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $137.30.

Expeditors International of Washington Stock Down 1.3%

Expeditors International of Washington stock opened at $157.88 on Wednesday. The business’s 50-day simple moving average is $150.02 and its 200 day simple moving average is $150.71. The stock has a market cap of $20.65 billion, a price-to-earnings ratio of 27.60, a P/E/G ratio of 5.00 and a beta of 1.05. Expeditors International of Washington, Inc. has a 12-month low of $110.08 and a 12-month high of $167.19.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings results on Tuesday, May 5th. The transportation company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.47 EPS. As a group, sell-side analysts expect that Expeditors International of Washington, Inc. will post 5.39 EPS for the current year.

Expeditors International of Washington Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a dividend of $0.81 per share. This represents a dividend yield of 101.0%. The ex-dividend date is Monday, June 1st. Expeditors International of Washington’s payout ratio is presently 26.21%.

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.