Trexquant Investment LP Raises Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Trexquant Investment LP increased its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 154.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 167,946 shares of the transportation company's stock after buying an additional 102,034 shares during the period. Trexquant Investment LP owned 0.12% of Expeditors International of Washington worth $18,603,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. SRS Capital Advisors Inc. grew its stake in Expeditors International of Washington by 431.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company's stock worth $26,000 after purchasing an additional 190 shares during the period. Bank of Jackson Hole Trust purchased a new stake in Expeditors International of Washington during the 4th quarter valued at about $39,000. Wilmington Savings Fund Society FSB bought a new stake in Expeditors International of Washington during the 3rd quarter valued at about $57,000. TD Private Client Wealth LLC raised its holdings in Expeditors International of Washington by 41.0% in the fourth 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 purchased a new stake 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 Stock Performance

NASDAQ:EXPD traded down $1.66 during mid-day trading on Friday, hitting $109.00. 2,114,555 shares of the company's stock traded hands, compared to its average volume of 1,260,889. The company has a market cap of $15.02 billion, a PE ratio of 19.06, a price-to-earnings-growth ratio of 5.00 and a beta of 1.03. The firm's 50 day simple moving average is $116.22 and its 200 day simple moving average is $117.67. Expeditors International of Washington, Inc. has a 1 year low of $107.17 and a 1 year high of $131.59.

Insider Activity at Expeditors International of Washington

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

Analysts Set New Price Targets

EXPD has been the subject of a number of recent research reports. Benchmark restated a "hold" rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. JPMorgan Chase & Co. dropped 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. Bank of America reduced 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 report on Thursday, January 16th. Stifel Nicolaus cut their price target on shares of Expeditors International of Washington from $122.00 to $117.00 and set a "hold" rating on the stock in a report on Thursday, January 23rd. Finally, UBS Group lowered their price objective on shares of Expeditors International of Washington from $130.00 to $128.00 and set a "neutral" rating for the company in a research 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. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $115.90.

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.