Elo Mutual Pension Insurance Co Has $1.90 Million Stock Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Elo Mutual Pension Insurance Co increased its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 37.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,185 shares of the transportation company's stock after acquiring an additional 4,638 shares during the quarter. Elo Mutual Pension Insurance Co's holdings in Expeditors International of Washington were worth $1,904,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EXPD. SRS Capital Advisors Inc. boosted its position in shares of Expeditors International of Washington by 431.8% in the fourth 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 during the period. Bank of Jackson Hole Trust bought a new stake in Expeditors International of Washington in the 4th quarter valued at $39,000. TD Private Client Wealth LLC grew its position 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 worth $54,000 after purchasing an additional 142 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Expeditors International of Washington during the 3rd quarter worth about $57,000. Finally, Intact Investment Management Inc. acquired a new position in shares of Expeditors International of Washington during the fourth quarter valued at about $66,000. Institutional investors and hedge funds own 94.02% of the company's stock.

Insiders Place Their Bets

In other news, VP Jeffrey F. Dickerman sold 1,250 shares of the company's stock in a transaction on 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 directly owns 7,296 shares of the company's stock, 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 available through the SEC website. Insiders own 0.69% of the company's stock.

Expeditors International of Washington Trading Down 10.1 %

Expeditors International of Washington stock traded down $12.25 during trading hours on Thursday, reaching $109.64. 1,244,026 shares of the stock were exchanged, compared to its average volume of 1,367,995. Expeditors International of Washington, Inc. has a twelve month low of $107.24 and a twelve month high of $131.59. The company has a market cap of $15.10 billion, a P/E ratio of 19.17, a price-to-earnings-growth ratio of 5.00 and a beta of 1.00. The stock has a 50 day moving average of $116.37 and a two-hundred day moving average of $117.84.

Analyst Ratings Changes

EXPD has been the topic of a number of recent research reports. Susquehanna lifted their target price on Expeditors International of Washington from $115.00 to $120.00 and gave the stock a "neutral" rating in a research report on Monday, March 3rd. Stifel Nicolaus decreased their price objective on Expeditors International of Washington from $122.00 to $117.00 and set a "hold" rating on the stock in a report on Thursday, January 23rd. StockNews.com cut 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 Expeditors International of Washington from $114.00 to $108.00 and set an "underweight" rating for the company in a research report on Wednesday, February 19th. Finally, Truist Financial began coverage on shares of Expeditors International of Washington in a research note on Thursday, March 13th. They issued a "hold" rating and a $110.00 price objective for the company. Four research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company's stock. Based on data from MarketBeat.com, Expeditors International of Washington presently has an average rating of "Hold" and an average price target of $115.90.

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.