Kingsview Wealth Management LLC Has $2.18 Million Stock Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Kingsview Wealth Management LLC raised its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 13.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,720 shares of the transportation company's stock after acquiring an additional 2,378 shares during the quarter. Kingsview Wealth Management LLC's holdings in Expeditors International of Washington were worth $2,184,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of EXPD. Two Sigma Advisers LP lifted its stake in shares of 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 buying an additional 399,800 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Expeditors International of Washington by 2,286.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 321,879 shares of the transportation company's stock worth $42,295,000 after acquiring an additional 308,390 shares during the period. KBC Group NV increased its position in Expeditors International of Washington by 836.7% during the fourth quarter. KBC Group NV now owns 339,705 shares of the transportation company's stock worth $37,629,000 after acquiring an additional 303,438 shares during the period. International Assets Investment Management LLC increased its position in Expeditors International of Washington by 15,046.0% during the third quarter. International Assets Investment Management LLC now owns 266,873 shares of the transportation company's stock worth $35,067,000 after acquiring an additional 265,111 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Expeditors International of Washington by 12.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,400,949 shares of the transportation company's stock worth $315,485,000 after acquiring an additional 257,791 shares during the period. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EXPD has been the topic of a number of research reports. Barclays boosted their target price on shares of 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. TD Cowen boosted their target price on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the stock a "sell" rating in a research report on Wednesday, November 6th. Stifel Nicolaus dropped 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 report on Thursday, January 23rd. Bank of America dropped their target price 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. Finally, StockNews.com raised shares of Expeditors International of Washington from a "hold" rating to a "buy" rating in a research report on Saturday, February 8th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $117.44.

Expeditors International of Washington Stock Up 1.0 %

Expeditors International of Washington stock traded up $1.08 on Friday, hitting $113.82. The company's stock had a trading volume of 1,635,059 shares, compared to its average volume of 1,015,472. The firm has a market cap of $15.93 billion, a P/E ratio of 22.19, a price-to-earnings-growth ratio of 3.77 and a beta of 0.98. The company has a fifty day moving average price of $112.91 and a 200-day moving average price of $118.66. Expeditors International of Washington, Inc. has a one year low of $108.36 and a one year high of $131.59.

Insider Buying and Selling

In related news, Director Robert Paul Carlile sold 3,000 shares of the stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total transaction of $363,330.00. Following the completion of the sale, the director now owns 9,662 shares in the company, valued at $1,170,164.82. This trade represents a 23.69 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.69% of the stock is currently owned by corporate insiders.

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.