Ontario Teachers Pension Plan Board Makes New $654,000 Investment in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Ontario Teachers Pension Plan Board acquired a new position in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,908 shares of the transportation company's stock, valued at approximately $654,000.

Other large investors have also modified their holdings of the company. SRS Capital Advisors Inc. raised its stake in Expeditors International of Washington by 431.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company's stock valued at $26,000 after purchasing an additional 190 shares during the last quarter. Bank of Jackson Hole Trust purchased a new position in shares of Expeditors International of Washington in the 4th quarter valued at about $39,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Expeditors International of Washington in the 4th quarter valued at approximately $52,000. TD Private Client Wealth LLC lifted its position in shares of Expeditors International of Washington by 41.0% during the 4th quarter. TD Private Client Wealth LLC now owns 488 shares of the transportation company's stock worth $54,000 after buying an additional 142 shares during the last quarter. Finally, New Age Alpha Advisors LLC acquired a new stake in Expeditors International of Washington during the 4th quarter worth $54,000. Institutional investors and hedge funds own 94.02% of the company's stock.

Expeditors International of Washington Trading Up 1.3 %

NASDAQ EXPD traded up $1.32 during trading on Tuesday, reaching $106.11. The company's stock had a trading volume of 135,317 shares, compared to its average volume of 1,270,067. The stock has a market capitalization of $14.62 billion, a PE ratio of 18.54, a PEG ratio of 5.00 and a beta of 1.03. The business has a 50-day moving average price of $114.85 and a 200-day moving average price of $115.97. Expeditors International of Washington, Inc. has a 1-year low of $100.47 and a 1-year high of $131.59.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on EXPD. Benchmark reaffirmed a "hold" rating on shares of Expeditors International of Washington in a report on Wednesday, February 19th. Susquehanna lifted their price target on Expeditors International of Washington from $115.00 to $120.00 and gave the stock a "neutral" rating in a research note on Monday, March 3rd. Truist Financial began coverage on Expeditors International of Washington in a research note on Thursday, March 13th. They issued a "hold" rating and a $110.00 target price on the stock. JPMorgan Chase & Co. decreased their price objective on Expeditors International of Washington from $114.00 to $108.00 and set an "underweight" rating on the stock in a research note on Wednesday, February 19th. Finally, Stifel Nicolaus lowered 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 research note on Thursday, January 23rd. Four research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $115.90.

Insider Buying and Selling at Expeditors International of Washington

In related 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 sale, the vice president now directly owns 7,296 shares of the company's stock, valued at $857,571.84. This trade represents a 14.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.69% of the company's stock.

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.