Expeditors International of Washington, Inc. (NASDAQ:EXPD) Stock Position Lowered by Capital Analysts LLC

Capital Analysts LLC decreased its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 98.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 266 shares of the transportation company's stock after selling 13,955 shares during the quarter. Capital Analysts LLC's holdings in Expeditors International of Washington were worth $29,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Coppell Advisory Solutions LLC purchased a new stake in Expeditors International of Washington during the 4th quarter worth $25,000. SRS Capital Advisors Inc. increased its position 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 position in shares of Expeditors International of Washington in the fourth quarter worth about $39,000. Wilmington Savings Fund Society FSB purchased a new position in Expeditors International of Washington in the third quarter valued at about $57,000. Finally, Aster Capital Management DIFC Ltd acquired a new stake in Expeditors International of Washington during the 4th quarter valued at approximately $52,000. 94.02% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Jeffrey F. Dickerman sold 1,250 shares of the business's 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 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.69% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Bank of America reduced their target price on Expeditors International of Washington from $129.00 to $120.00 and set a "neutral" rating for the company in a research note on Thursday, January 16th. StockNews.com lowered shares of Expeditors International of Washington from a "buy" rating to a "hold" rating in a report on Sunday, February 16th. Stifel Nicolaus cut their target price on shares of Expeditors International of Washington from $122.00 to $117.00 and set a "hold" rating on the stock in a research note on Thursday, January 23rd. 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. Finally, UBS Group lowered their price objective on Expeditors International of Washington from $130.00 to $128.00 and set a "neutral" rating for the company in a report on Wednesday, February 19th. Four investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $115.40.

Expeditors International of Washington Price Performance

NASDAQ:EXPD traded up $2.96 during midday trading on Friday, reaching $112.57. 987,486 shares of the company traded hands, compared to its average volume of 1,265,884. The firm has a market capitalization of $15.51 billion, a price-to-earnings ratio of 19.68, a price-to-earnings-growth ratio of 5.00 and a beta of 1.03. The company has a fifty day moving average price of $113.64 and a 200 day moving average price of $115.24. Expeditors International of Washington, Inc. has a twelve month low of $100.47 and a twelve month high of $131.59.

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.