Rodgers Brothers Inc. Takes $295,000 Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Rodgers Brothers Inc. purchased a new stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 2,660 shares of the transportation company's stock, valued at approximately $295,000.

Other institutional investors also recently bought and sold shares of the company. SRS Capital Advisors Inc. boosted its holdings in shares of Expeditors International of Washington by 431.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company's stock valued at $26,000 after buying an additional 190 shares in the last quarter. Bank of Jackson Hole Trust bought a new stake in Expeditors International of Washington during the fourth quarter worth about $39,000. Wilmington Savings Fund Society FSB purchased a new stake in Expeditors International of Washington in the third quarter worth about $57,000. TD Private Client Wealth LLC increased its stake in shares of Expeditors International of Washington by 41.0% during the fourth quarter. TD Private Client Wealth LLC now owns 488 shares of the transportation company's stock valued at $54,000 after purchasing an additional 142 shares in the last quarter. Finally, New Age Alpha Advisors LLC purchased a new position in shares of Expeditors International of Washington during the fourth quarter valued at approximately $54,000. 94.02% of the stock is owned by institutional investors.

Expeditors International of Washington Price Performance

Shares of NASDAQ:EXPD traded down $1.66 during trading on Friday, hitting $109.00. The company's stock had a trading volume of 2,114,555 shares, compared to its average volume of 1,260,889. The firm has a market cap of $15.02 billion, a price-to-earnings ratio of 19.06, a P/E/G ratio of 5.00 and a beta of 1.03. The company has a 50-day moving average of $116.22 and a 200-day moving average of $117.67. Expeditors International of Washington, Inc. has a 12 month low of $107.17 and a 12 month high of $131.59.

Analyst Upgrades and Downgrades

EXPD has been the subject of a number of analyst reports. StockNews.com lowered Expeditors International of Washington from a "buy" rating to a "hold" rating in a research report on Sunday, February 16th. 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 note on Thursday, January 16th. JPMorgan Chase & Co. decreased their price objective on shares of Expeditors International of Washington from $114.00 to $108.00 and set an "underweight" rating for the company in a report on Wednesday, February 19th. Truist Financial assumed coverage on Expeditors International of Washington in a research note on Thursday, March 13th. They set a "hold" rating and a $110.00 target price on the stock. Finally, Susquehanna increased their price objective on Expeditors International of Washington from $115.00 to $120.00 and gave the company a "neutral" rating in a research report on Monday, March 3rd. Four investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. Based on data from MarketBeat.com, Expeditors International of Washington currently has a consensus rating of "Hold" and a consensus target price of $115.90.

Insider Activity at Expeditors International of Washington

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