Mizuho Securities USA LLC Has $1.47 Million Stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Mizuho Securities USA LLC grew its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 45.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 13,267 shares of the transportation company’s stock after buying an additional 4,116 shares during the period. Mizuho Securities USA LLC’s holdings in Expeditors International of Washington were worth $1,470,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. SRS Capital Advisors Inc. raised its holdings in Expeditors International of Washington by 431.8% in the 4th 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 in the last quarter. Bank of Jackson Hole Trust acquired a new stake in Expeditors International of Washington during the fourth quarter worth $39,000. TD Private Client Wealth LLC increased its holdings in Expeditors International of Washington by 41.0% in the 4th quarter. TD Private Client Wealth LLC now owns 488 shares of the transportation company’s stock valued at $54,000 after buying an additional 142 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Expeditors International of Washington in the 3rd quarter valued at $57,000. Finally, Intact Investment Management Inc. bought a new position in shares of Expeditors International of Washington during the 4th quarter worth about $66,000. Institutional investors own 94.02% of the company’s stock.

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 the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $117.54, for a total transaction of $146,925.00. Following the transaction, the vice president now directly owns 7,296 shares in the company, valued at approximately $857,571.84. This represents a 14.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.69% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on EXPD shares. Truist Financial began coverage on Expeditors International of Washington in a report on Thursday, March 13th. They set a “hold” rating and a $110.00 price objective on the stock. Stifel Nicolaus dropped their price objective on Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating for the company in a research note on Thursday, January 23rd. 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 on the stock in a research note on Wednesday, February 19th. StockNews.com cut shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research report on Sunday, February 16th. Finally, UBS Group reduced their price target on shares of Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 19th. Four research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. According to data from MarketBeat, Expeditors International of Washington presently has an average rating of “Hold” and a consensus price target of $115.90.

Expeditors International of Washington Price Performance

Shares of Expeditors International of Washington stock opened at $118.41 on Wednesday. The firm has a 50 day simple moving average of $115.26 and a 200 day simple moving average of $117.87. Expeditors International of Washington, Inc. has a fifty-two week low of $108.36 and a fifty-two week high of $131.59. The firm has a market cap of $16.34 billion, a P/E ratio of 20.70, a P/E/G ratio of 5.00 and a beta of 1.00.

Expeditors International of Washington Company 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.