Compass Capital Management Inc. Increases Stock Position in Expeditors International of Washington, Inc. $EXPD

Compass Capital Management Inc. boosted its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 0.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 500,103 shares of the transportation company’s stock after buying an additional 4,302 shares during the period. Expeditors International of Washington makes up 3.1% of Compass Capital Management Inc.’s investment portfolio, making the stock its 20th biggest holding. Compass Capital Management Inc. owned approximately 0.37% of Expeditors International of Washington worth $57,137,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Zions Bancorporation National Association UT purchased a new position in shares of Expeditors International of Washington in the first quarter valued at $30,000. Atlantic Union Bankshares Corp bought a new position in Expeditors International of Washington in the 2nd quarter worth about $34,000. Ransom Advisory Ltd purchased a new position in Expeditors International of Washington during the 1st quarter valued at about $41,000. Twin Tree Management LP purchased a new position in Expeditors International of Washington during the 1st quarter valued at about $42,000. Finally, Carderock Capital Management Inc. bought a new stake in shares of Expeditors International of Washington during the second quarter valued at about $46,000. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Insider Buying and Selling at Expeditors International of Washington

In related news, VP Jeffrey F. Dickerman sold 1,500 shares of the firm’s 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 transaction, the vice president directly owned 6,151 shares of the company’s stock, valued at approximately $825,279.67. This trade represents a 19.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.69% of the company’s stock.

Expeditors International of Washington Stock Performance

NASDAQ EXPD opened at $137.28 on Monday. Expeditors International of Washington, Inc. has a 52-week low of $100.47 and a 52-week high of $140.72. The company has a fifty day moving average of $121.97 and a 200-day moving average of $117.46. The company has a market capitalization of $18.63 billion, a P/E ratio of 24.00, a P/E/G ratio of 5.00 and a beta of 1.09.

Expeditors International of Washington Announces Dividend

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

Analyst Ratings Changes

EXPD has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Expeditors International of Washington from $116.00 to $134.00 and gave the company an “underweight” rating in a research report on Wednesday, November 5th. Barclays raised their price target on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the company an “underweight” rating in a report on Thursday, September 11th. TD Cowen upped their price target on shares of Expeditors International of Washington from $111.00 to $131.00 and gave the stock a “sell” rating in a report on Wednesday, November 5th. Truist Financial increased their price objective on Expeditors International of Washington from $120.00 to $130.00 and gave the stock a “hold” rating in a research report on Wednesday, November 5th. Finally, Stifel Nicolaus lifted their price objective on Expeditors International of Washington from $114.00 to $130.00 and gave the company a “hold” rating in a research note on Thursday. Eight investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Expeditors International of Washington presently has an average rating of “Reduce” and a consensus target price of $128.78.

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.