Canada Post Corp Registered Pension Plan Invests $293,000 in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Canada Post Corp Registered Pension Plan purchased a new position in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,644 shares of the transportation company's stock, valued at approximately $293,000.

Other hedge funds also recently bought and sold shares of the company. MML Investors Services LLC grew its holdings in shares of Expeditors International of Washington by 2.7% during the third quarter. MML Investors Services LLC now owns 9,488 shares of the transportation company's stock valued at $1,247,000 after buying an additional 253 shares during the last quarter. Barclays PLC increased its holdings in shares of Expeditors International of Washington by 2.4% in the 3rd quarter. Barclays PLC now owns 571,548 shares of the transportation company's stock worth $75,099,000 after purchasing an additional 13,479 shares in the last quarter. SkyView Investment Advisors LLC raised its stake in shares of Expeditors International of Washington by 5.4% in the third quarter. SkyView Investment Advisors LLC now owns 5,421 shares of the transportation company's stock worth $712,000 after purchasing an additional 277 shares during the last quarter. World Investment Advisors LLC bought a new position in shares of Expeditors International of Washington during the third quarter valued at $222,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Expeditors International of Washington during the third quarter valued at $57,000. Institutional investors own 94.02% of the company's stock.

Expeditors International of Washington Stock Up 1.3 %

NASDAQ EXPD traded up $1.32 during trading hours on Tuesday, reaching $106.11. The company's stock had a trading volume of 135,317 shares, compared to its average volume of 1,270,067. Expeditors International of Washington, Inc. has a 1 year low of $100.47 and a 1 year high of $131.59. The firm's 50-day moving average price is $114.85 and its 200-day moving average price is $115.97. The company has a market capitalization of $14.62 billion, a price-to-earnings ratio of 18.54, a PEG ratio of 5.00 and a beta of 1.03.

Insider Buying and Selling

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of the 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 completion of the transaction, the vice president now owns 7,296 shares of the company's stock, valued at $857,571.84. This represents a 14.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.69% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on EXPD shares. Stifel Nicolaus lowered their target price on shares of Expeditors International of Washington from $122.00 to $117.00 and set a "hold" rating on the stock in a research note on Thursday, January 23rd. Truist Financial began coverage on shares of Expeditors International of Washington in a report on Thursday, March 13th. They issued a "hold" rating and a $110.00 target price on the stock. UBS Group lowered their price target on Expeditors International of Washington from $130.00 to $128.00 and set a "neutral" rating on the stock in a report on Wednesday, February 19th. StockNews.com lowered Expeditors International of Washington from a "buy" rating to a "hold" rating in a report on Sunday, February 16th. Finally, JPMorgan Chase & Co. lowered their target price on Expeditors International of Washington from $114.00 to $108.00 and set an "underweight" rating on the stock in a report on Wednesday, February 19th. Four research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $115.90.

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.