Quantinno Capital Management LP Has $4.70 Million Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Quantinno Capital Management LP lifted its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 41.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,381 shares of the transportation company's stock after buying an additional 12,502 shares during the quarter. Quantinno Capital Management LP's holdings in Expeditors International of Washington were worth $4,695,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EXPD. NDVR Inc. increased its position in Expeditors International of Washington by 5.8% in the 4th quarter. NDVR Inc. now owns 1,812 shares of the transportation company's stock valued at $201,000 after acquiring an additional 99 shares in the last quarter. Azimuth Capital Investment Management LLC grew its stake in shares of Expeditors International of Washington by 4.4% during the fourth quarter. Azimuth Capital Investment Management LLC now owns 2,350 shares of the transportation company's stock valued at $260,000 after purchasing an additional 100 shares during the last quarter. Manchester Capital Management LLC increased its holdings in shares of Expeditors International of Washington by 3.5% in the fourth quarter. Manchester Capital Management LLC now owns 3,032 shares of the transportation company's stock valued at $336,000 after purchasing an additional 103 shares in the last quarter. Chapman Investment Management LLC raised its position in Expeditors International of Washington by 0.6% in the 4th quarter. Chapman Investment Management LLC now owns 18,967 shares of the transportation company's stock worth $2,101,000 after purchasing an additional 112 shares during the last quarter. Finally, OLD National Bancorp IN raised its position in Expeditors International of Washington by 5.3% in the 4th quarter. OLD National Bancorp IN now owns 2,234 shares of the transportation company's stock worth $247,000 after purchasing an additional 113 shares during the last quarter. Institutional investors and hedge funds own 94.02% of the company's stock.

Expeditors International of Washington Stock Performance

EXPD traded down $1.20 during midday trading on Friday, reaching $112.49. 314,843 shares of the company were exchanged, compared to its average volume of 1,287,731. The stock has a market capitalization of $15.41 billion, a P/E ratio of 19.68, a PEG ratio of 5.00 and a beta of 1.09. Expeditors International of Washington, Inc. has a one year low of $100.47 and a one year high of $131.59. The stock's 50-day simple moving average is $112.17 and its 200 day simple moving average is $114.63.

Expeditors International of Washington Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be paid a dividend of $0.77 per share. This is a positive change from Expeditors International of Washington's previous semi-annual dividend of $0.73. The ex-dividend date of this dividend is Monday, June 2nd. This represents a yield of 1.4%. Expeditors International of Washington's dividend payout ratio (DPR) is presently 25.58%.

Wall Street Analyst Weigh In

A number of brokerages have commented on EXPD. Stifel Nicolaus decreased their price objective on Expeditors International of Washington from $122.00 to $117.00 and set a "hold" rating on the stock in a research report on Thursday, January 23rd. Wall Street Zen lowered Expeditors International of Washington from a "buy" rating to a "hold" rating in a research report on Sunday, February 16th. JPMorgan Chase & Co. dropped their price objective on Expeditors International of Washington from $114.00 to $108.00 and set an "underweight" rating for the company in a report on Wednesday, February 19th. Susquehanna raised their target price on shares of Expeditors International of Washington from $115.00 to $120.00 and gave the company a "neutral" rating in a research note on Monday, March 3rd. Finally, Benchmark reissued a "hold" rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. Four investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $113.89.

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.