Lbp Am Sa Has $1.23 Million Stock Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

LBP AM SA decreased its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 78.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,135 shares of the transportation company's stock after selling 41,174 shares during the quarter. LBP AM SA's holdings in Expeditors International of Washington were worth $1,233,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of 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 purchasing an additional 257,791 shares during the period. Marshfield Associates raised its position in shares of Expeditors International of Washington by 0.4% during the third quarter. Marshfield Associates now owns 1,818,027 shares of the transportation company's stock worth $238,889,000 after purchasing an additional 6,878 shares during the period. Amundi raised its position in shares of Expeditors International of Washington by 0.6% during the fourth quarter. Amundi now owns 1,457,549 shares of the transportation company's stock worth $163,653,000 after purchasing an additional 8,101 shares during the period. Principal Financial Group Inc. raised its position in shares of Expeditors International of Washington by 8.5% during the fourth quarter. Principal Financial Group Inc. now owns 1,259,224 shares of the transportation company's stock worth $139,484,000 after purchasing an additional 98,197 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of Expeditors International of Washington by 5.8% during the fourth quarter. Bank of New York Mellon Corp now owns 983,996 shares of the transportation company's stock worth $108,997,000 after purchasing an additional 53,738 shares during the period. Institutional investors and hedge funds own 94.02% of the company's stock.

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Analyst Ratings Changes

A number of research analysts recently issued reports on the company. UBS Group decreased their price objective on Expeditors International of Washington from $130.00 to $128.00 and set a "neutral" rating for the company in a report on Wednesday, February 19th. Stifel Nicolaus decreased their price target on Expeditors International of Washington from $122.00 to $117.00 and set a "hold" rating for the company in a research note on Thursday, January 23rd. Bank of America decreased 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. Benchmark restated a "hold" rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. Finally, JPMorgan Chase & Co. decreased their price target on Expeditors International of Washington from $114.00 to $108.00 and set an "underweight" rating for the company in a research note on Wednesday, February 19th. Four analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $115.90.

Expeditors International of Washington Stock Performance

NASDAQ:EXPD traded down $0.74 during mid-day trading on Thursday, hitting $115.66. 1,296,747 shares of the stock were exchanged, compared to its average volume of 1,167,692. The stock has a market capitalization of $15.97 billion, a price-to-earnings ratio of 20.22, a price-to-earnings-growth ratio of 5.00 and a beta of 1.00. The firm's 50-day simple moving average is $114.76 and its 200 day simple moving average is $118.07. Expeditors International of Washington, Inc. has a fifty-two week low of $108.36 and a fifty-two week high of $131.59.

Insider Buying and Selling

In related news, VP Jeffrey F. Dickerman sold 1,250 shares of Expeditors International of Washington stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $117.54, for a total transaction of $146,925.00. Following the completion of the sale, the vice president now directly owns 7,296 shares of the company's stock, valued at approximately $857,571.84. This trade represents a 14.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.69% of the stock is currently owned by insiders.

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.