Fuller & Thaler Asset Management Inc. Has $1.59 Million Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Fuller & Thaler Asset Management Inc. cut its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 27.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,336 shares of the transportation company's stock after selling 5,390 shares during the quarter. Fuller & Thaler Asset Management Inc.'s holdings in Expeditors International of Washington were worth $1,588,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of EXPD. Pinebridge Investments L.P. grew its stake in Expeditors International of Washington by 503.0% in the fourth quarter. Pinebridge Investments L.P. now owns 63,722 shares of the transportation company's stock valued at $7,058,000 after purchasing an additional 53,155 shares in the last quarter. Alpine Global Management LLC bought a new position in Expeditors International of Washington in the fourth quarter valued at approximately $504,000. Stifel Financial Corp boosted its stake in shares of Expeditors International of Washington by 2.5% during the 4th quarter. Stifel Financial Corp now owns 144,226 shares of the transportation company's stock worth $15,976,000 after acquiring an additional 3,501 shares during the period. Tower Research Capital LLC TRC increased its holdings in shares of Expeditors International of Washington by 36.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 13,092 shares of the transportation company's stock worth $1,450,000 after acquiring an additional 3,519 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in Expeditors International of Washington by 8.1% in the 4th quarter. MML Investors Services LLC now owns 10,255 shares of the transportation company's stock valued at $1,136,000 after acquiring an additional 767 shares during the period. 94.02% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, VP Jeffrey F. Dickerman sold 1,250 shares of the company'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 value of $146,925.00. Following the completion of the transaction, the vice president now owns 7,296 shares of the company's stock, valued at $857,571.84. This 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 hyperlink. Insiders own 0.69% of the company's stock.

Expeditors International of Washington Trading Down 0.1 %

NASDAQ EXPD traded down $0.09 during trading on Thursday, hitting $109.82. 431,982 shares of the company's stock were exchanged, compared to its average volume of 1,267,556. The company has a market cap of $15.13 billion, a PE ratio of 19.22, a P/E/G ratio of 5.00 and a beta of 1.03. Expeditors International of Washington, Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $131.59. The stock's 50 day moving average price is $113.89 and its two-hundred day moving average price is $115.43.

Wall Street Analysts Forecast Growth

EXPD has been the subject of a number of research analyst reports. Bank of America reduced their price objective on shares of Expeditors International of Washington from $129.00 to $120.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Benchmark reaffirmed a "hold" rating on shares of Expeditors International of Washington in a research report on Wednesday, February 19th. Susquehanna lifted their price objective on shares of Expeditors International of Washington from $115.00 to $120.00 and gave the stock a "neutral" rating in a research report on Monday, March 3rd. JPMorgan Chase & Co. reduced 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 research report on Wednesday, February 19th. Finally, UBS Group reduced 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 analysts have rated the stock with a sell rating and nine have issued a hold rating to the company's stock. According to MarketBeat.com, Expeditors International of Washington has a consensus rating of "Hold" and a consensus price target of $115.40.

Expeditors International of Washington 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.