Dimensional Fund Advisors LP Has $146.58 Million Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Dimensional Fund Advisors LP boosted its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,323,249 shares of the transportation company's stock after buying an additional 23,425 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.95% of Expeditors International of Washington worth $146,579,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. First Eagle Investment Management LLC lifted its holdings in Expeditors International of Washington by 32.0% during the 4th quarter. First Eagle Investment Management LLC now owns 4,070,429 shares of the transportation company's stock valued at $450,881,000 after purchasing an additional 987,233 shares during the last quarter. Boston Partners grew its stake in Expeditors International of Washington by 29.7% in the 4th quarter. Boston Partners now owns 3,797,712 shares of the transportation company's stock valued at $420,693,000 after buying an additional 869,637 shares during the last quarter. Geode Capital Management LLC raised its holdings in Expeditors International of Washington by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 3,392,307 shares of the transportation company's stock valued at $374,771,000 after acquiring an additional 57,736 shares during the period. First Trust Advisors LP lifted its position in Expeditors International of Washington by 33.8% during the fourth quarter. First Trust Advisors LP now owns 2,734,816 shares of the transportation company's stock worth $302,936,000 after acquiring an additional 690,539 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Expeditors International of Washington by 10.6% during the fourth quarter. Invesco Ltd. now owns 2,463,431 shares of the transportation company's stock worth $272,874,000 after acquiring an additional 235,409 shares during the period. 94.02% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Expeditors International of Washington

In related news, VP Jeffrey F. Dickerman sold 1,250 shares of the firm's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $117.54, for a total value 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 SEC, which is available through this link. 0.69% of the stock is currently owned by insiders.

Expeditors International of Washington Stock Up 1.0 %

Shares of NASDAQ:EXPD traded up $1.13 during midday trading on Wednesday, hitting $109.49. The stock had a trading volume of 1,323,886 shares, compared to its average volume of 1,270,791. The company's 50-day moving average price is $113.89 and its 200-day moving average price is $115.43. Expeditors International of Washington, Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $131.59. The company has a market capitalization of $15.08 billion, a P/E ratio of 19.14, a price-to-earnings-growth ratio of 5.00 and a beta of 1.03.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus lowered their target price on 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. UBS Group lowered their price objective on Expeditors International of Washington from $130.00 to $128.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 19th. JPMorgan Chase & Co. reduced their target price on shares of Expeditors International of Washington from $114.00 to $108.00 and set an "underweight" rating for the company in a research report on Wednesday, February 19th. Bank of America decreased their price target 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. Finally, StockNews.com cut shares of Expeditors International of Washington from a "buy" rating to a "hold" rating in a research note on Sunday, February 16th. Four research 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 an average rating of "Hold" and a consensus price target of $115.40.

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.