GHP Investment Advisors Inc. Has $11.85 Million Holdings in Expeditors International of Washington, Inc. $EXPD

GHP Investment Advisors Inc. grew its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 3.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,621 shares of the transportation company’s stock after buying an additional 3,255 shares during the quarter. GHP Investment Advisors Inc. owned approximately 0.07% of Expeditors International of Washington worth $11,845,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Atria Investments Inc raised its holdings in shares of Expeditors International of Washington by 0.3% during the second 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 in the last quarter. Forum Financial Management LP raised its stake in shares of Expeditors International of Washington by 3.9% during the 2nd quarter. Forum Financial Management LP now owns 2,714 shares of the transportation company’s stock worth $310,000 after purchasing an additional 101 shares in the last quarter. Davidson Trust Co. raised its stake in shares of Expeditors International of Washington by 3.2% during the 3rd quarter. Davidson Trust Co. now owns 3,688 shares of the transportation company’s stock worth $452,000 after purchasing an additional 113 shares in the last quarter. Certuity LLC grew its stake in shares of Expeditors International of Washington by 3.4% in the 2nd quarter. Certuity LLC now owns 3,635 shares of the transportation company’s stock valued at $415,000 after buying an additional 120 shares in the last quarter. Finally, World Investment Advisors grew its stake in shares of Expeditors International of Washington by 1.7% in the 3rd quarter. World Investment Advisors now owns 7,319 shares of the transportation company’s stock valued at $897,000 after buying an additional 120 shares in the last quarter. 94.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EXPD has been the topic of several recent research reports. Bank of America raised shares of Expeditors International of Washington from a “neutral” rating to a “buy” rating in a research report on Friday, January 9th. TD Cowen raised their price target on shares of Expeditors International of Washington from $111.00 to $131.00 and gave the company a “sell” rating in a report on Wednesday, November 5th. Zacks Research lowered shares of Expeditors International of Washington from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Morgan Stanley increased their target price on shares of Expeditors International of Washington from $90.00 to $95.00 and gave the stock an “underweight” rating in a research report on Monday, December 8th. Finally, Barclays raised their target price on Expeditors International of Washington from $110.00 to $135.00 and gave the company an “underweight” rating in a report on Thursday, January 15th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $134.10.

Expeditors International of Washington Stock Performance

Shares of NASDAQ:EXPD opened at $159.27 on Friday. The stock’s 50-day moving average is $151.95 and its 200-day moving average is $131.74. The company has a market cap of $21.35 billion, a P/E ratio of 27.84, a P/E/G ratio of 5.00 and a beta of 1.14. Expeditors International of Washington, Inc. has a 52-week low of $100.47 and a 52-week high of $164.48.

Expeditors International of Washington Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were issued a dividend of $0.77 per share. The ex-dividend date was Monday, December 1st. This represents a dividend yield of 105.0%. Expeditors International of Washington’s payout ratio is 25.12%.

Insider Activity at Expeditors International of Washington

In related news, VP Jeffrey F. Dickerman sold 1,500 shares of the business’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 in the company, valued at $825,279.67. The trade was a 19.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Mark A. Emmert sold 5,400 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $135.25, for a total value of $730,350.00. Following the sale, the director owned 6,468 shares in the company, valued at approximately $874,797. This represents a 45.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.69% of the stock is currently owned by corporate insiders.

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.