Expeditors International of Washington, Inc. (NASDAQ:EXPD) Stock Position Lifted by Whittier Trust Co.

Whittier Trust Co. boosted its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 371.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,396 shares of the transportation company’s stock after purchasing an additional 1,100 shares during the period. Whittier Trust Co.’s holdings in Expeditors International of Washington were worth $155,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. SRS Capital Advisors Inc. lifted its stake in Expeditors International of Washington by 431.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company’s stock valued at $26,000 after acquiring an additional 190 shares during the last quarter. Bank of Jackson Hole Trust acquired a new stake in Expeditors International of Washington in the fourth quarter valued at approximately $39,000. Wilmington Savings Fund Society FSB acquired a new stake in Expeditors International of Washington in the third quarter valued at approximately $57,000. Intact Investment Management Inc. acquired a new stake in Expeditors International of Washington in the fourth quarter valued at approximately $66,000. Finally, Asset Dedication LLC lifted its stake in Expeditors International of Washington by 339.9% in the fourth quarter. Asset Dedication LLC now owns 651 shares of the transportation company’s stock valued at $72,000 after acquiring an additional 503 shares during the last quarter. 94.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Susquehanna lifted 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. JPMorgan Chase & Co. reduced their target price on shares of Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating for the company in a research note on Wednesday, February 19th. UBS Group reduced their price objective on shares of Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating for the company in a research note on Wednesday, February 19th. Bank of America reduced their price objective on shares of Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Finally, StockNews.com cut shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research note on Sunday, February 16th. Four research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $115.90.

Expeditors International of Washington Trading Up 0.5 %

Shares of EXPD stock opened at $116.19 on Monday. Expeditors International of Washington, Inc. has a 1 year low of $108.36 and a 1 year high of $131.59. The firm’s fifty day simple moving average is $114.97 and its 200 day simple moving average is $117.92. The firm has a market capitalization of $16.04 billion, a P/E ratio of 20.31, a price-to-earnings-growth ratio of 5.00 and a beta of 1.00.

Insider Buying and Selling

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $117.54, for a total value of $146,925.00. Following the sale, the vice president now owns 7,296 shares of the company’s stock, valued at $857,571.84. The trade was a 14.63 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.69% of the stock is currently owned by insiders.

Expeditors International of Washington 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.