UniSuper Management Pty Ltd Boosts Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

UniSuper Management Pty Ltd increased its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 20.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,824 shares of the transportation company's stock after acquiring an additional 3,241 shares during the quarter. UniSuper Management Pty Ltd's holdings in Expeditors International of Washington were worth $2,085,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. SRS Capital Advisors Inc. grew its stake in shares of Expeditors International of Washington by 431.8% during the fourth quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company's stock worth $26,000 after acquiring an additional 190 shares during the last quarter. Bank of Jackson Hole Trust acquired a new stake in Expeditors International of Washington in the 4th quarter worth approximately $39,000. TD Private Client Wealth LLC grew its position in 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 purchasing an additional 142 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Expeditors International of Washington during the 3rd quarter worth approximately $57,000. Finally, Intact Investment Management Inc. acquired a new position in Expeditors International of Washington during the 4th quarter valued at approximately $66,000. Hedge funds and other institutional investors own 94.02% of the company's stock.

Expeditors International of Washington Stock Down 1.5 %

Shares of NASDAQ:EXPD traded down $1.66 during trading on Friday, hitting $109.00. 2,114,555 shares of the stock traded hands, compared to its average volume of 1,259,011. The company has a fifty day moving average price of $116.22 and a two-hundred day moving average price of $117.71. Expeditors International of Washington, Inc. has a 52-week low of $107.24 and a 52-week high of $131.59. The company 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.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on EXPD. Stifel Nicolaus dropped their price objective 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. JPMorgan Chase & Co. dropped their price target 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. StockNews.com cut Expeditors International of Washington from a "buy" rating to a "hold" rating in a research note on Sunday, February 16th. Truist Financial assumed coverage on Expeditors International of Washington in a research report on Thursday, March 13th. They issued a "hold" rating and a $110.00 target price on the stock. Finally, UBS Group reduced their price target 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 analysts have rated the stock with a sell rating and nine have issued a hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price 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 the 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 transaction, the vice president now owns 7,296 shares in the company, valued at approximately $857,571.84. This represents a 14.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.69% of the stock is owned by corporate 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.