Camrose Capital Investment Partners LLP Increases Stock Holdings in Expeditors International of Washington, Inc. $EXPD

Camrose Capital Investment Partners LLP grew its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 33.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 327,333 shares of the transportation company’s stock after buying an additional 82,961 shares during the period. Expeditors International of Washington makes up about 9.4% of Camrose Capital Investment Partners LLP’s holdings, making the stock its 8th biggest holding. Camrose Capital Investment Partners LLP’s holdings in Expeditors International of Washington were worth $37,398,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of EXPD. Zions Bancorporation National Association UT acquired a new position in Expeditors International of Washington during the first quarter worth $30,000. Vermillion & White Wealth Management Group LLC increased its position in shares of Expeditors International of Washington by 82.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 268 shares of the transportation company’s stock worth $31,000 after acquiring an additional 121 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Expeditors International of Washington in the 2nd quarter worth about $34,000. Ransom Advisory Ltd bought a new position in Expeditors International of Washington in the 1st quarter valued at about $41,000. Finally, Twin Tree Management LP bought a new position in shares of Expeditors International of Washington in the first quarter valued at approximately $42,000. 94.02% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Zacks Research upgraded shares of Expeditors International of Washington from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 11th. JPMorgan Chase & Co. boosted 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. UBS Group raised Expeditors International of Washington from a “neutral” rating to a “buy” rating and increased their price target for the company from $138.00 to $166.00 in a research report on Monday, November 17th. Barclays lifted their price target on Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a report on Thursday, September 11th. Finally, TD Cowen upped their price objective on Expeditors International of Washington from $111.00 to $131.00 and gave the company a “sell” rating in a research note on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $131.89.

Insider Buying and Selling at Expeditors International of Washington

In related 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 value of $201,255.00. Following the completion of the sale, the vice president 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 legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Emmert sold 5,400 shares of the business’s 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 completion of the sale, the director owned 6,468 shares in the company, valued at $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.

Expeditors International of Washington Trading Up 0.6%

Expeditors International of Washington stock opened at $151.39 on Monday. Expeditors International of Washington, Inc. has a 12 month low of $100.47 and a 12 month high of $151.67. The business’s 50 day simple moving average is $130.73 and its 200 day simple moving average is $121.94. The company has a market cap of $20.29 billion, a price-to-earnings ratio of 26.47, a PEG ratio of 5.00 and a beta of 1.15.

Expeditors International of Washington Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a dividend of $0.77 per share. This represents a dividend yield of 105.0%. The ex-dividend date of this dividend is Monday, December 1st. Expeditors International of Washington’s dividend 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.