Investment House LLC Buys 415 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Investment House LLC grew its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 0.7% during the 4th quarter, Holdings Channel reports. The firm owned 62,599 shares of the transportation company’s stock after purchasing an additional 415 shares during the period. Investment House LLC’s holdings in Expeditors International of Washington were worth $6,934,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Vinva Investment Management Ltd bought a new position in shares of Expeditors International of Washington in the 4th quarter valued at about $675,000. Xponance Inc. boosted its stake in shares of Expeditors International of Washington by 1.3% in the 4th quarter. Xponance Inc. now owns 21,598 shares of the transportation company’s stock valued at $2,392,000 after purchasing an additional 267 shares during the last quarter. Boston Partners boosted its stake in shares of Expeditors International of Washington by 29.7% in the 4th quarter. Boston Partners now owns 3,797,712 shares of the transportation company’s stock valued at $420,693,000 after purchasing an additional 869,637 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of Expeditors International of Washington by 168.0% in the 4th quarter. Intech Investment Management LLC now owns 10,872 shares of the transportation company’s stock valued at $1,204,000 after purchasing an additional 6,816 shares during the last quarter. Finally, Generali Asset Management SPA SGR bought a new position in shares of Expeditors International of Washington in the 4th quarter valued at about $3,012,000. Institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Stock Performance

Shares of EXPD opened at $117.14 on Wednesday. Expeditors International of Washington, Inc. has a twelve month low of $108.36 and a twelve month high of $131.59. The firm’s 50 day moving average price is $114.69 and its two-hundred day moving average price is $118.08. The firm has a market cap of $16.17 billion, a P/E ratio of 20.48, a PEG ratio of 5.00 and a beta of 1.00.

Analyst Ratings Changes

Several research analysts have recently issued reports on EXPD shares. Benchmark reaffirmed a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. UBS Group decreased 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 report on Wednesday, February 19th. Truist Financial began coverage on shares of Expeditors International of Washington in a report on Thursday, March 13th. They set a “hold” rating and a $110.00 price objective for the company. 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, Bank of America decreased 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 report on Thursday, January 16th. Four analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $115.90.

Insider Buying and Selling at Expeditors International of Washington

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of Expeditors International of Washington stock in a transaction that occurred 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 transaction, the vice president now owns 7,296 shares of the company’s stock, valued at approximately $857,571.84. The trade was a 14.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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.