Guardian Wealth Advisors LLC Grows Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Guardian Wealth Advisors LLC raised its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 5.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,050 shares of the transportation company’s stock after buying an additional 115 shares during the quarter. Guardian Wealth Advisors LLC’s holdings in Expeditors International of Washington were worth $269,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Hara Capital LLC purchased a new stake in Expeditors International of Washington during the 3rd quarter valued at approximately $26,000. Crewe Advisors LLC purchased a new stake in shares of Expeditors International of Washington during the first quarter worth approximately $25,000. Innealta Capital LLC acquired a new stake in shares of Expeditors International of Washington during the second quarter worth $31,000. Family Firm Inc. purchased a new position in Expeditors International of Washington in the 2nd quarter valued at $35,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in Expeditors International of Washington in the 2nd quarter valued at $52,000. 94.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EXPD has been the subject of several recent analyst reports. TD Cowen raised their target price on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the stock a “sell” rating in a research note on Wednesday, November 6th. Wolfe Research lowered Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th. Benchmark reissued a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, August 7th. Bank of America lifted their price target on Expeditors International of Washington from $131.00 to $132.00 and gave the company a “neutral” rating in a research note on Monday, July 22nd. Finally, Barclays increased their price objective on Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Four investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $118.44.

Expeditors International of Washington Price Performance

Shares of Expeditors International of Washington stock opened at $120.37 on Tuesday. The business has a 50 day moving average price of $122.01 and a 200 day moving average price of $121.72. The company has a market capitalization of $16.85 billion, a P/E ratio of 23.42, a P/E/G ratio of 3.45 and a beta of 0.98. Expeditors International of Washington, Inc. has a 1 year low of $111.20 and a 1 year high of $131.59.

Expeditors International of Washington (NASDAQ:EXPD) last issued its quarterly earnings data on Tuesday, November 5th. The transportation company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.30. Expeditors International of Washington had a return on equity of 32.12% and a net margin of 7.39%. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.47 billion. During the same period in the prior year, the business earned $1.16 earnings per share. The business’s revenue was up 37.0% on a year-over-year basis. As a group, research analysts expect that Expeditors International of Washington, Inc. will post 5.37 EPS for the current fiscal year.

Expeditors International of Washington Announces Dividend

The company also recently announced a semi-annual dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be paid a $0.73 dividend. The ex-dividend date is Monday, December 2nd. This represents a yield of 1.2%. Expeditors International of Washington’s payout ratio is currently 28.46%.

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.