UniSuper Management Pty Ltd Grows Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

UniSuper Management Pty Ltd lifted its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 20.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 18,824 shares of the transportation company’s stock after purchasing an additional 3,241 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Expeditors International of Washington were worth $2,085,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. First Eagle Investment Management LLC raised its position in Expeditors International of Washington by 32.0% during the 4th quarter. First Eagle Investment Management LLC now owns 4,070,429 shares of the transportation company’s stock valued at $450,881,000 after purchasing an additional 987,233 shares during the last quarter. Boston Partners lifted its position in Expeditors International of Washington by 29.7% during the 4th quarter. Boston Partners now owns 3,797,712 shares of the transportation company’s stock valued at $420,693,000 after acquiring an additional 869,637 shares during the period. Madison Investment Advisors LLC bought a new stake in shares of Expeditors International of Washington in the 4th quarter worth approximately $55,036,000. Two Sigma Advisers LP boosted its holdings in Expeditors International of Washington by 1,497.4% in the third quarter. Two Sigma Advisers LP now owns 426,500 shares of the transportation company’s stock worth $56,042,000 after acquiring an additional 399,800 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Expeditors International of Washington in the 4th quarter worth about $36,865,000. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Insider Activity

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of the firm’s stock in a transaction on Thursday, February 20th. The stock was 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 in the company, valued at approximately $857,571.84. This trade represents a 14.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.69% of the company’s stock.

Expeditors International of Washington Stock Down 0.5 %

Shares of EXPD stock opened at $119.71 on Monday. Expeditors International of Washington, Inc. has a 52-week low of $108.36 and a 52-week high of $131.59. The business has a 50-day simple moving average of $115.79 and a 200-day simple moving average of $117.81. The stock has a market cap of $16.49 billion, a PE ratio of 20.93, a price-to-earnings-growth ratio of 5.00 and a beta of 1.00.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Stifel Nicolaus dropped their price objective 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. StockNews.com downgraded shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research report on Sunday, February 16th. 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 for the company in a report on Wednesday, February 19th. Bank of America cut their price target on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Finally, Benchmark reiterated a “hold” rating on shares of Expeditors International of Washington in a research report on Wednesday, February 19th. Four analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $115.90.

Expeditors International of Washington 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.