Boston Financial Mangement LLC Has $221,000 Stock Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Boston Financial Mangement LLC reduced its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 10.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,996 shares of the transportation company’s stock after selling 225 shares during the period. Boston Financial Mangement LLC’s holdings in Expeditors International of Washington were worth $221,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EXPD. Two Sigma Advisers LP raised its position in Expeditors International of Washington by 1,497.4% during the third quarter. Two Sigma Advisers LP now owns 426,500 shares of the transportation company’s stock valued at $56,042,000 after purchasing an additional 399,800 shares in the last quarter. KBC Group NV raised its position in Expeditors International of Washington by 836.7% during the fourth quarter. KBC Group NV now owns 339,705 shares of the transportation company’s stock valued at $37,629,000 after purchasing an additional 303,438 shares in the last quarter. International Assets Investment Management LLC raised its position in Expeditors International of Washington by 15,046.0% during the third quarter. International Assets Investment Management LLC now owns 266,873 shares of the transportation company’s stock valued at $35,067,000 after purchasing an additional 265,111 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Expeditors International of Washington by 12.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,400,949 shares of the transportation company’s stock valued at $315,485,000 after purchasing an additional 257,791 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in Expeditors International of Washington by 140.2% during the third quarter. Assenagon Asset Management S.A. now owns 439,133 shares of the transportation company’s stock valued at $57,702,000 after purchasing an additional 256,317 shares in the last quarter. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on EXPD. 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. Bank of America decreased their target price on shares of Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Stifel Nicolaus decreased their target price on shares of Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating on the stock in a research note on Thursday, January 23rd. UBS Group decreased their target price on shares of Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, Barclays boosted their target price on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Four research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. Based on data from MarketBeat.com, Expeditors International of Washington currently has an average rating of “Hold” and a consensus price target of $116.56.

Expeditors International of Washington Stock Up 0.8 %

Shares of Expeditors International of Washington stock opened at $117.22 on Friday. Expeditors International of Washington, Inc. has a twelve month low of $108.36 and a twelve month high of $131.59. The stock has a market cap of $16.41 billion, a price-to-earnings ratio of 20.49, a P/E/G ratio of 4.02 and a beta of 0.98. The company’s fifty day moving average is $112.58 and its 200 day moving average is $118.43.

Insider Buying and Selling

In related news, Director Robert Paul Carlile sold 3,000 shares of the business’s stock in a transaction on 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 owns 9,662 shares in the company, valued at $1,170,164.82. The trade was a 23.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.