O Shaughnessy Asset Management LLC Sells 94,818 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

O Shaughnessy Asset Management LLC reduced its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 25.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 281,438 shares of the transportation company's stock after selling 94,818 shares during the period. O Shaughnessy Asset Management LLC owned approximately 0.20% of Expeditors International of Washington worth $31,175,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EXPD. First Eagle Investment Management LLC boosted its position in Expeditors International of Washington by 32.0% during the 4th quarter. First Eagle Investment Management LLC now owns 4,070,429 shares of the transportation company's stock valued at $450,881,000 after purchasing an additional 987,233 shares during the period. Norges Bank acquired a new stake in Expeditors International of Washington in the 4th quarter worth $107,863,000. Boston Partners boosted its holdings in Expeditors International of Washington by 29.7% during the fourth quarter. Boston Partners now owns 3,797,712 shares of the transportation company's stock valued at $420,693,000 after purchasing an additional 869,637 shares in the last quarter. Madison Investment Advisors LLC acquired a new stake in Expeditors International of Washington in the 4th quarter valued at about $55,036,000. Finally, Two Sigma Advisers LP grew its holdings in Expeditors International of Washington by 1,497.4% during the 3rd quarter. Two Sigma Advisers LP now owns 426,500 shares of the transportation company's stock worth $56,042,000 after acquiring an additional 399,800 shares during the period. 94.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on EXPD. Stifel Nicolaus reduced their target price on shares of Expeditors International of Washington from $122.00 to $117.00 and set a "hold" rating for the company in a report on Thursday, January 23rd. Bank of America decreased their price objective on Expeditors International of Washington from $129.00 to $120.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. Susquehanna upped their price target on shares of Expeditors International of Washington from $115.00 to $120.00 and gave the company a "neutral" rating in a research note on Monday, March 3rd. Truist Financial started coverage on shares of Expeditors International of Washington in a report on Thursday, March 13th. They set a "hold" rating and a $110.00 target price on the stock. Finally, Benchmark reissued a "hold" rating on shares of Expeditors International of Washington 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. Based on data from MarketBeat.com, Expeditors International of Washington has an average rating of "Hold" and an average price target of $115.90.

Insider Buying and Selling at Expeditors International of Washington

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of Expeditors International of Washington stock in a transaction dated 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 transaction, the vice president now owns 7,296 shares of the company's stock, valued at $857,571.84. The trade was a 14.63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.69% of the company's stock.

Expeditors International of Washington Stock Down 9.8 %

NASDAQ EXPD traded down $12.00 on Thursday, reaching $109.89. The company had a trading volume of 1,948,787 shares, compared to its average volume of 1,245,223. The company's fifty day moving average is $116.37 and its 200 day moving average is $117.84. Expeditors International of Washington, Inc. has a 52-week low of $107.38 and a 52-week high of $131.59. The stock has a market capitalization of $15.14 billion, a P/E ratio of 19.21, a P/E/G ratio of 5.00 and a beta of 1.00.

Expeditors International of Washington 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.