Parkside Financial Bank & Trust Sells 533 Shares of Expeditors International of Washington, Inc. $EXPD

Parkside Financial Bank & Trust trimmed its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 46.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 613 shares of the transportation company’s stock after selling 533 shares during the period. Parkside Financial Bank & Trust’s holdings in Expeditors International of Washington were worth $70,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of EXPD. Atria Investments Inc grew its stake in shares of Expeditors International of Washington by 0.3% during the 2nd quarter. Atria Investments Inc now owns 33,522 shares of the transportation company’s stock worth $3,830,000 after acquiring an additional 91 shares during the period. Forum Financial Management LP lifted its holdings in Expeditors International of Washington by 3.9% during the second quarter. Forum Financial Management LP now owns 2,714 shares of the transportation company’s stock valued at $310,000 after purchasing an additional 101 shares during the last quarter. Ancora Advisors LLC boosted its position in Expeditors International of Washington by 0.7% during the first quarter. Ancora Advisors LLC now owns 15,975 shares of the transportation company’s stock worth $1,921,000 after purchasing an additional 118 shares during the period. PAX Financial Group LLC increased its stake in shares of Expeditors International of Washington by 2.4% in the first quarter. PAX Financial Group LLC now owns 5,266 shares of the transportation company’s stock worth $633,000 after purchasing an additional 122 shares in the last quarter. Finally, Mission Wealth Management LP raised its position in shares of Expeditors International of Washington by 1.1% in the second quarter. Mission Wealth Management LP now owns 11,454 shares of the transportation company’s stock valued at $1,309,000 after purchasing an additional 122 shares during the period. 94.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on EXPD shares. Truist Financial raised their price objective on shares of Expeditors International of Washington from $120.00 to $130.00 and gave the stock a “hold” rating in a report on Wednesday, November 5th. TD Cowen lifted their price target on Expeditors International of Washington from $111.00 to $131.00 and gave the company a “sell” rating in a research report on Wednesday, November 5th. Stifel Nicolaus increased their price objective on Expeditors International of Washington from $114.00 to $130.00 and gave the stock a “hold” rating in a report on Thursday, November 6th. JPMorgan Chase & Co. raised their target price on Expeditors International of Washington from $116.00 to $134.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 5th. Finally, UBS Group upped their price target on Expeditors International of Washington from $120.00 to $138.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Eight equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Expeditors International of Washington presently has an average rating of “Reduce” and a consensus price target of $128.78.

Insider Buying and Selling at Expeditors International of Washington

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,500 shares of Expeditors International of Washington stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $134.17, for a total transaction of $201,255.00. Following the completion of the sale, the vice president owned 6,151 shares of the company’s stock, valued at $825,279.67. The trade was a 19.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mark A. Emmert sold 5,400 shares of the stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $135.25, for a total value of $730,350.00. Following the transaction, the director owned 6,468 shares in the company, valued at $874,797. This trade represents a 45.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.69% of the stock is currently owned by insiders.

Expeditors International of Washington Price Performance

Shares of EXPD opened at $139.46 on Wednesday. Expeditors International of Washington, Inc. has a 1-year low of $100.47 and a 1-year high of $141.79. The company has a market capitalization of $18.93 billion, a P/E ratio of 24.38, a P/E/G ratio of 5.00 and a beta of 1.09. The firm’s 50 day simple moving average is $122.74 and its 200 day simple moving average is $117.88.

Expeditors International of Washington Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be issued a dividend of $0.77 per share. This represents a dividend yield of 113.0%. The ex-dividend date of this dividend is Monday, December 1st. Expeditors International of Washington’s payout ratio is currently 25.12%.

About Expeditors International of Washington

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.