Vise Technologies Inc. Buys 3,922 Shares of Expeditors International of Washington, Inc. $EXPD

Vise Technologies Inc. lifted its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 72.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,303 shares of the transportation company’s stock after acquiring an additional 3,922 shares during the period. Vise Technologies Inc.’s holdings in Expeditors International of Washington were worth $1,718,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC raised its holdings in shares of Expeditors International of Washington by 658.0% during the third quarter. International Assets Investment Management LLC now owns 30,000 shares of the transportation company’s stock valued at $5,539,000 after purchasing an additional 26,042 shares during the period. Soltis Investment Advisors LLC grew its stake in shares of Expeditors International of Washington by 149.9% in the 3rd quarter. Soltis Investment Advisors LLC now owns 11,720 shares of the transportation company’s stock valued at $2,164,000 after buying an additional 7,031 shares during the period. Choreo LLC grew its stake in shares of Expeditors International of Washington by 3.6% in the 3rd quarter. Choreo LLC now owns 3,329 shares of the transportation company’s stock valued at $615,000 after buying an additional 115 shares during the period. Childress Capital Advisors LLC bought a new stake in Expeditors International of Washington in the 3rd quarter valued at about $206,000. Finally, Latitude Advisors LLC bought a new stake in Expeditors International of Washington in the 3rd quarter valued at about $27,000. 94.02% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on EXPD. Barclays upped their price target on Expeditors International of Washington from $165.00 to $175.00 and gave the stock an “underweight” rating in a research note on Wednesday. UBS Group boosted their price objective on Expeditors International of Washington from $220.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday. Truist Financial upped their target price on Expeditors International of Washington from $175.00 to $200.00 and gave the stock a “hold” rating in a research report on Wednesday. JPMorgan Chase & Co. increased their target price on Expeditors International of Washington from $214.00 to $220.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, TD Cowen lifted their price target on shares of Expeditors International of Washington from $148.00 to $176.00 and gave the company a “sell” rating in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $181.27.

Expeditors International of Washington Price Performance

Shares of NASDAQ:EXPD traded down $4.46 during midday trading on Friday, hitting $184.41. 1,689,643 shares of the company’s stock were exchanged, compared to its average volume of 1,278,210. Expeditors International of Washington, Inc. has a 12 month low of $129.59 and a 12 month high of $207.93. The company has a market cap of $23.97 billion, a PE ratio of 32.24, a price-to-earnings-growth ratio of 5.00 and a beta of 1.08. The stock has a 50 day moving average price of $192.30 and a 200-day moving average price of $167.88.

Expeditors International of Washington (NASDAQ:EXPD) last announced its quarterly earnings results on Tuesday, November 3rd. The transportation company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.43. Expeditors International of Washington had a net margin of 7.64% and a return on equity of 36.16%. During the same period in the previous year, the business posted $1.64 EPS. The business’s revenue was up 41.9% compared to the same quarter last year. On average, analysts anticipate that Expeditors International of Washington, Inc. will post 5.39 EPS for the current fiscal year.

Expeditors International of Washington Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a $0.81 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a dividend yield of 79.0%. Expeditors International of Washington’s dividend payout ratio is 20.56%.

Expeditors International of Washington Company Profile