AIMZ Investment Advisors LLC Has $4.31 Million Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

AIMZ Investment Advisors LLC trimmed its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 0.4% in the fourth quarter, HoldingsChannel reports. The firm owned 38,939 shares of the transportation company’s stock after selling 147 shares during the period. Expeditors International of Washington makes up about 1.5% of AIMZ Investment Advisors LLC’s portfolio, making the stock its 22nd largest position. AIMZ Investment Advisors LLC’s holdings in Expeditors International of Washington were worth $4,313,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. increased its position in Expeditors International of Washington by 6.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 833,610 shares of the transportation company’s stock valued at $109,536,000 after buying an additional 51,265 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Expeditors International of Washington by 18.9% during the third quarter. Franklin Resources Inc. now owns 193,486 shares of the transportation company’s stock valued at $23,623,000 after acquiring an additional 30,785 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Expeditors International of Washington during the third quarter worth approximately $4,363,000. Pensionfund Sabic bought a new position in shares of Expeditors International of Washington in the 4th quarter worth $1,329,000. Finally, Drystone LLC acquired a new stake in Expeditors International of Washington in the 4th quarter valued at $5,925,000. 94.02% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Bank of America lowered 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. Benchmark reaffirmed a “hold” rating on shares of Expeditors International of Washington in a research report on Wednesday, February 19th. Stifel Nicolaus decreased their price objective on Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating for the company in a report on Thursday, January 23rd. UBS Group lowered their price objective on 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. Finally, Barclays lifted their target price on Expeditors International of Washington from $105.00 to $110.00 and gave the company an “underweight” rating in a research report on Wednesday, November 6th. Four analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $116.56.

Expeditors International of Washington Trading Down 0.5 %

EXPD stock opened at $116.77 on Friday. The stock has a market cap of $16.35 billion, a P/E ratio of 20.42, a P/E/G ratio of 5.00 and a beta of 0.98. The stock’s fifty day simple moving average is $112.71 and its two-hundred day simple moving average is $118.37. Expeditors International of Washington, Inc. has a 1-year low of $108.36 and a 1-year high of $131.59.

Insider Transactions 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 dated 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 approximately $857,571.84. The trade was a 14.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert Paul Carlile sold 3,000 shares of the business’s stock in a transaction dated 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 owns 9,662 shares in the company, valued at approximately $1,170,164.82. The trade was a 23.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.75% 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.