Roberts Glore & Co. Inc. IL Reduces Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Roberts Glore & Co. Inc. IL lessened its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 2.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 27,366 shares of the transportation company’s stock after selling 562 shares during the period. Expeditors International of Washington makes up about 0.9% of Roberts Glore & Co. Inc. IL’s portfolio, making the stock its 25th biggest position. Roberts Glore & Co. Inc. IL’s holdings in Expeditors International of Washington were worth $3,031,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Amundi grew its position in Expeditors International of Washington by 0.6% during the 4th quarter. Amundi now owns 1,457,549 shares of the transportation company’s stock worth $163,653,000 after purchasing an additional 8,101 shares during the last quarter. Lifeworks Advisors LLC grew its position in Expeditors International of Washington by 31.2% during the 4th quarter. Lifeworks Advisors LLC now owns 2,878 shares of the transportation company’s stock worth $319,000 after purchasing an additional 685 shares during the last quarter. Machina Capital S.A.S. purchased a new stake in Expeditors International of Washington during the 4th quarter worth approximately $248,000. Edgestream Partners L.P. grew its position in Expeditors International of Washington by 576.4% during the 4th quarter. Edgestream Partners L.P. now owns 47,857 shares of the transportation company’s stock worth $5,301,000 after purchasing an additional 40,782 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Expeditors International of Washington during the 4th quarter worth approximately $36,865,000. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Price Performance

EXPD opened at $126.64 on Friday. The firm has a fifty day moving average price of $113.76 and a 200 day moving average price of $118.37. Expeditors International of Washington, Inc. has a 1 year low of $108.36 and a 1 year high of $131.59. The stock has a market cap of $17.48 billion, a P/E ratio of 22.14, a P/E/G ratio of 5.00 and a beta of 1.00.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Susquehanna upped their price objective on shares of Expeditors International of Washington from $115.00 to $120.00 and gave the company a “neutral” rating in a report on Monday, March 3rd. StockNews.com downgraded shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Sunday, February 16th. JPMorgan Chase & Co. dropped their price objective on shares of Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating on the stock in a report on Wednesday, February 19th. UBS Group dropped their price objective on shares of Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating on the stock in a report on Wednesday, February 19th. Finally, Bank of America dropped their price objective on shares of Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Four analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $116.56.

Insider Activity at Expeditors International of Washington

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total transaction of $363,330.00. Following the completion of the transaction, the director now directly owns 9,662 shares in the company, valued at approximately $1,170,164.82. This represents a 23.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Jeffrey F. Dickerman sold 1,250 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was 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 of the company’s stock, valued at $857,571.84. This represents a 14.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.69% of the company’s stock.

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.