Gordian Advisors LLC Decreases Stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Gordian Advisors LLC trimmed its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 16.6% during the fourth quarter, Holdings Channel reports. The fund owned 2,314 shares of the transportation company’s stock after selling 461 shares during the quarter. Gordian Advisors LLC’s holdings in Expeditors International of Washington were worth $256,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Private Advisor Group LLC purchased a new position in shares of Expeditors International of Washington during the 3rd quarter valued at approximately $293,000. Chapman Investment Management LLC boosted its stake in Expeditors International of Washington by 57.2% during the 3rd quarter. Chapman Investment Management LLC now owns 18,855 shares of the transportation company’s stock valued at $2,478,000 after acquiring an additional 6,858 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in Expeditors International of Washington by 19.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,100 shares of the transportation company’s stock worth $144,000 after acquiring an additional 176 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Expeditors International of Washington by 10.3% in the 3rd quarter. Van ECK Associates Corp now owns 33,192 shares of the transportation company’s stock worth $3,966,000 after purchasing an additional 3,092 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in shares of Expeditors International of Washington by 33.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 262,818 shares of the transportation company’s stock valued at $34,534,000 after purchasing an additional 65,186 shares in the last quarter. Institutional investors and hedge funds own 94.02% of the company’s stock.

Insider Buying and Selling at Expeditors International of Washington

In related news, VP Jeffrey F. Dickerman sold 1,250 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $117.54, for a total transaction of $146,925.00. Following the transaction, the vice president now owns 7,296 shares in the company, valued at $857,571.84. This trade represents a 14.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert Paul Carlile sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total value of $363,330.00. Following the transaction, the director now directly owns 9,662 shares of the company’s stock, valued at $1,170,164.82. This represents a 23.69 % decrease in their position. The disclosure for this sale can be found here. 0.75% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on EXPD. UBS Group lowered their price objective on Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating for the company in a report on Wednesday, February 19th. TD Cowen boosted their price target on Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a report on Wednesday, November 6th. Benchmark restated a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. StockNews.com cut shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Sunday, February 16th. Finally, Stifel Nicolaus lowered their price objective on shares of Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating for the company in a research report on Thursday, January 23rd. Four equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. Based on data from MarketBeat, Expeditors International of Washington presently has a consensus rating of “Hold” and an average target price of $116.56.

Expeditors International of Washington Stock Down 0.5 %

Shares of NASDAQ:EXPD opened at $116.77 on Friday. The company’s 50-day moving average price is $112.71 and its 200 day moving average price is $118.37. The company has a market cap of $16.35 billion, a PE ratio of 20.42, a P/E/G ratio of 5.00 and a beta of 0.98. Expeditors International of Washington, Inc. has a fifty-two week low of $108.36 and a fifty-two week high of $131.59.

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.