Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 27.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 190,238 shares of the transportation company's stock after selling 72,580 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.14% of Expeditors International of Washington worth $21,073,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its position in Expeditors International of Washington by 1.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,853 shares of the transportation company's stock worth $730,000 after acquiring an additional 104 shares in the last quarter. Lindenwold Advisors INC increased its holdings in shares of Expeditors International of Washington by 0.7% in the 3rd quarter. Lindenwold Advisors INC now owns 16,713 shares of the transportation company's stock valued at $2,196,000 after purchasing an additional 114 shares in the last quarter. Guardian Wealth Advisors LLC lifted its stake in shares of Expeditors International of Washington by 5.9% in the third quarter. Guardian Wealth Advisors LLC now owns 2,050 shares of the transportation company's stock valued at $269,000 after purchasing an additional 115 shares during the period. Huntington National Bank lifted its stake in shares of Expeditors International of Washington by 7.4% in the third quarter. Huntington National Bank now owns 1,835 shares of the transportation company's stock valued at $241,000 after purchasing an additional 127 shares during the period. Finally, Nicollet Investment Management Inc. boosted its holdings in Expeditors International of Washington by 1.2% during the third quarter. Nicollet Investment Management Inc. now owns 10,826 shares of the transportation company's stock worth $1,423,000 after buying an additional 128 shares in the last quarter. 94.02% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Robert Paul Carlile sold 3,000 shares of the firm's stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total value of $363,330.00. Following the transaction, the director now owns 9,662 shares of the company's stock, valued at approximately $1,170,164.82. This trade represents a 23.69 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.75% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Barclays lifted their price target on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the company an "underweight" rating in a research report on Wednesday, November 6th. StockNews.com upgraded Expeditors International of Washington from a "hold" rating to a "buy" rating in a research report on Tuesday, January 28th. Bank of America decreased their price objective on shares of Expeditors International of Washington from $129.00 to $120.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Wolfe Research cut Expeditors International of Washington from a "hold" rating to a "strong sell" rating in a report on Wednesday, October 9th. Finally, TD Cowen lifted their price target on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the stock a "sell" rating in a report on Wednesday, November 6th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $117.44.

Expeditors International of Washington Price Performance

EXPD stock traded up $1.73 on Tuesday, hitting $112.51. 871,236 shares of the company were exchanged, compared to its average volume of 1,027,661. The stock has a market capitalization of $15.75 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 3.87 and a beta of 0.98. Expeditors International of Washington, Inc. has a twelve month low of $108.36 and a twelve month high of $131.59. The business's fifty day moving average is $114.36 and its two-hundred day moving average is $119.27.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The transportation company reported $1.63 EPS for the quarter, topping analysts' consensus estimates of $1.33 by $0.30. Expeditors International of Washington had a return on equity of 32.12% and a net margin of 7.39%. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same period in the prior year, the firm posted $1.16 EPS. The business's revenue for the quarter was up 37.0% on a year-over-year basis. Equities research analysts expect that Expeditors International of Washington, Inc. will post 5.47 earnings per share for the current year.

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.