Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Acquired by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. raised its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 803,490 shares of the transportation company's stock after buying an additional 13,028 shares during the quarter. Epoch Investment Partners Inc. owned about 0.57% of Expeditors International of Washington worth $89,003,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. SRS Capital Advisors Inc. increased its position in shares of Expeditors International of Washington by 431.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company's stock valued at $26,000 after purchasing an additional 190 shares during the last quarter. Bank of Jackson Hole Trust purchased a new stake in shares of Expeditors International of Washington in the fourth quarter valued at $39,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Expeditors International of Washington in the third quarter worth approximately $57,000. Aster Capital Management DIFC Ltd purchased a new stake in Expeditors International of Washington during the fourth quarter valued at about $52,000. Finally, TD Private Client Wealth LLC raised its position 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 valued at $54,000 after purchasing an additional 142 shares during the period. Institutional investors and hedge funds own 94.02% of the company's stock.

Insiders Place Their Bets

In other news, VP Jeffrey F. Dickerman sold 1,250 shares of Expeditors International of Washington 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 approximately $857,571.84. The trade was 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 currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Truist Financial reduced their price target on shares of Expeditors International of Washington from $110.00 to $105.00 and set a "hold" rating on the stock in a research report on Thursday. 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 for the company in a report on Thursday, January 16th. 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. 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. Finally, Benchmark restated a "hold" rating on shares of Expeditors International of Washington in a research report on Wednesday, February 19th. Four investment 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 company presently has a consensus rating of "Hold" and a consensus target price of $115.40.

Expeditors International of Washington Price Performance

NASDAQ EXPD traded up $2.81 during trading hours on Thursday, reaching $109.90. 601,093 shares of the company's stock traded hands, compared to its average volume of 1,272,942. Expeditors International of Washington, Inc. has a 52-week low of $100.47 and a 52-week high of $131.59. The firm has a 50-day simple moving average of $114.61 and a 200 day simple moving average of $115.85. The firm has a market cap of $15.14 billion, a PE ratio of 19.21, a PEG ratio of 5.00 and a beta of 1.03.

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.