Robeco Institutional Asset Management B.V. Reduces Stock Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Robeco Institutional Asset Management B.V. lessened its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 15.1% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 161,512 shares of the transportation company's stock after selling 28,726 shares during the period. Robeco Institutional Asset Management B.V. owned 0.12% of Expeditors International of Washington worth $19,422,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. NDVR Inc. raised its position in Expeditors International of Washington by 5.8% during the fourth quarter. NDVR Inc. now owns 1,812 shares of the transportation company's stock valued at $201,000 after purchasing an additional 99 shares in the last quarter. Azimuth Capital Investment Management LLC lifted its stake in shares of Expeditors International of Washington by 4.4% in the 4th quarter. Azimuth Capital Investment Management LLC now owns 2,350 shares of the transportation company's stock valued at $260,000 after acquiring an additional 100 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Expeditors International of Washington by 11.2% during the 1st quarter. Farther Finance Advisors LLC now owns 1,083 shares of the transportation company's stock valued at $132,000 after acquiring an additional 109 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in Expeditors International of Washington by 17.2% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 778 shares of the transportation company's stock worth $86,000 after acquiring an additional 114 shares during the last quarter. Finally, Captrust Financial Advisors increased its stake in Expeditors International of Washington by 3.1% in the 4th quarter. Captrust Financial Advisors now owns 3,848 shares of the transportation company's stock worth $426,000 after purchasing an additional 115 shares during the period. Institutional investors own 94.02% of the company's stock.

Expeditors International of Washington Price Performance

Expeditors International of Washington stock traded up $1.15 during mid-day trading on Wednesday, reaching $119.13. The stock had a trading volume of 477,191 shares, compared to its average volume of 1,245,301. The company has a market capitalization of $16.32 billion, a price-to-earnings ratio of 20.82, a PEG ratio of 5.00 and a beta of 1.07. The company has a 50-day moving average price of $112.77 and a two-hundred day moving average price of $113.24. Expeditors International of Washington, Inc. has a one year low of $100.47 and a one year high of $131.59.

Expeditors International of Washington Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.77 per share. This represents a yield of 1.4%. This is an increase from Expeditors International of Washington's previous semi-annual dividend of $0.73. The ex-dividend date was Monday, June 2nd. Expeditors International of Washington's dividend payout ratio (DPR) is currently 25.58%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Truist Financial upped their price target on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the company a "hold" rating in a report on Monday. UBS Group cut their target price on shares of Expeditors International of Washington from $128.00 to $117.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 7th. Barclays decreased their price target on shares of Expeditors International of Washington from $110.00 to $105.00 and set an "underweight" rating for the company in a research note on Wednesday, May 7th. Baird R W upgraded Expeditors International of Washington to a "hold" rating in a report on Tuesday. Finally, Robert W. Baird assumed coverage on Expeditors International of Washington in a research report on Tuesday. They issued a "neutral" rating and a $124.00 target price for the company. Four research analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. According to data from MarketBeat.com, Expeditors International of Washington has an average rating of "Hold" and an average price target of $114.22.

Expeditors International of Washington Company 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.