Black Diamond Financial LLC Has $223,000 Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Black Diamond Financial LLC raised its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 15.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,016 shares of the transportation company’s stock after buying an additional 268 shares during the quarter. Black Diamond Financial LLC’s holdings in Expeditors International of Washington were worth $223,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its stake in Expeditors International of Washington by 6.6% in the third 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 during the period. Franklin Resources Inc. raised its position 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 worth $23,623,000 after purchasing an additional 30,785 shares during the period. 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 acquired a new position in shares of Expeditors International of Washington during the fourth quarter worth approximately $1,329,000. Finally, Drystone LLC acquired a new position in shares of Expeditors International of Washington during the fourth quarter worth approximately $5,925,000. 94.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus lowered their target price on Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating on the stock in a research report on Thursday, January 23rd. Barclays upped their target price on Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. UBS Group lowered their target price on 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. StockNews.com lowered Expeditors International of Washington from a “buy” rating to a “hold” rating in a research report on Sunday, February 16th. Finally, Benchmark reiterated a “hold” rating on shares of Expeditors International of Washington in a report on Wednesday, February 19th. Four investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $116.56.

Expeditors International of Washington Trading Down 0.7 %

Shares of Expeditors International of Washington stock opened at $116.44 on Monday. The stock has a fifty day simple moving average of $112.54 and a 200 day simple moving average of $118.42. Expeditors International of Washington, Inc. has a 12-month low of $108.36 and a 12-month high of $131.59. The company has a market capitalization of $16.30 billion, a P/E ratio of 20.36, a price-to-earnings-growth ratio of 5.00 and a beta of 0.98.

Insider Buying and Selling at Expeditors International of Washington

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of the company’s stock in a transaction 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 transaction, the director now owns 9,662 shares in the company, valued at $1,170,164.82. This represents a 23.69 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.69% of the company’s stock.

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.