Stephens Inc. AR Sells 136 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Stephens Inc. AR trimmed its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,581 shares of the transportation company’s stock after selling 136 shares during the quarter. Stephens Inc. AR’s holdings in Expeditors International of Washington were worth $1,394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of EXPD. Stoneridge Investment Partners LLC acquired a new position in shares of Expeditors International of Washington during the fourth quarter worth approximately $603,000. Empowered Funds LLC increased its position in shares of Expeditors International of Washington by 108.0% during the fourth quarter. Empowered Funds LLC now owns 29,307 shares of the transportation company’s stock worth $3,246,000 after acquiring an additional 15,215 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of Expeditors International of Washington by 13.7% in the 4th quarter. Kingsview Wealth Management LLC now owns 19,720 shares of the transportation company’s stock worth $2,184,000 after acquiring an additional 2,378 shares during the last quarter. Vest Financial LLC boosted its stake in Expeditors International of Washington by 20.9% during the 4th quarter. Vest Financial LLC now owns 497,786 shares of the transportation company’s stock valued at $55,140,000 after purchasing an additional 86,066 shares during the last quarter. Finally, Global X Japan Co. Ltd. raised its stake in shares of Expeditors International of Washington by 27.9% in the fourth quarter. Global X Japan Co. Ltd. now owns 4,350 shares of the transportation company’s stock worth $482,000 after purchasing an additional 948 shares during the last quarter. 94.02% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on EXPD. Stifel Nicolaus lowered their price target on 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. TD Cowen boosted their target price on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a research note on Wednesday, November 6th. StockNews.com raised shares of Expeditors International of Washington from a “hold” rating to a “buy” rating in a report on Saturday, February 8th. Bank of America reduced their price objective on 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. Finally, Barclays upped their price target on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $117.44.

Insiders Place Their Bets

In related news, Director Robert Paul Carlile sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $121.11, for a total value of $363,330.00. Following the completion of the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.69% of the company’s stock.

Expeditors International of Washington Stock Down 1.2 %

NASDAQ:EXPD opened at $111.01 on Thursday. The business’s 50-day moving average price is $113.18 and its two-hundred day moving average price is $118.78. The stock has a market cap of $15.54 billion, a P/E ratio of 21.64, a PEG ratio of 3.77 and a beta of 0.98. Expeditors International of Washington, Inc. has a twelve month low of $108.36 and a twelve month 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.