National Bank of Canada FI Boosts Stock Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

National Bank of Canada FI lifted its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 6.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,121 shares of the transportation company's stock after purchasing an additional 4,728 shares during the quarter. National Bank of Canada FI owned about 0.06% of Expeditors International of Washington worth $9,995,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EXPD. First Trust Advisors LP grew its position in shares of Expeditors International of Washington by 33.8% during the 4th quarter. First Trust Advisors LP now owns 2,734,816 shares of the transportation company's stock valued at $302,936,000 after acquiring an additional 690,539 shares during the period. GAMMA Investing LLC boosted its holdings in Expeditors International of Washington by 13,910.4% in the 1st quarter. GAMMA Investing LLC now owns 507,455 shares of the transportation company's stock worth $61,021,000 after buying an additional 503,833 shares during the last quarter. Northern Trust Corp boosted its holdings in Expeditors International of Washington by 19.7% in the 4th quarter. Northern Trust Corp now owns 2,288,437 shares of the transportation company's stock worth $253,490,000 after buying an additional 376,689 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Expeditors International of Washington in the 4th quarter worth about $36,865,000. Finally, Two Sigma Advisers LP boosted its holdings in Expeditors International of Washington by 57.0% in the 4th quarter. Two Sigma Advisers LP now owns 669,700 shares of the transportation company's stock worth $74,183,000 after buying an additional 243,200 shares during the last quarter. Hedge funds and other institutional investors own 94.02% of the company's stock.

Insider Transactions at Expeditors International of Washington

In other news, VP Jeffrey F. Dickerman sold 1,470 shares of the company's stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $118.05, for a total transaction of $173,533.50. Following the sale, the vice president owned 7,651 shares of the company's stock, valued at approximately $903,200.55. This represents a 16.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.69% of the stock is currently owned by insiders.

Expeditors International of Washington Stock Down 0.0%

NASDAQ EXPD traded down $0.04 on Friday, reaching $119.83. The stock had a trading volume of 1,171,238 shares, compared to its average volume of 1,378,761. The firm has a market capitalization of $16.26 billion, a price-to-earnings ratio of 20.95, a P/E/G ratio of 5.00 and a beta of 1.05. Expeditors International of Washington, Inc. has a 12-month low of $100.47 and a 12-month high of $131.59. The stock has a fifty day moving average price of $115.71 and a two-hundred day moving average price of $114.25.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on EXPD shares. Barclays lowered their price objective on Expeditors International of Washington from $110.00 to $105.00 and set an "underweight" rating on the stock in a report on Wednesday, May 7th. JPMorgan Chase & Co. lifted their price objective on Expeditors International of Washington from $105.00 to $107.00 and gave the stock an "underweight" rating in a report on Tuesday, July 8th. TD Cowen lowered their target price on Expeditors International of Washington from $112.00 to $107.00 and set a "sell" rating on the stock in a report on Wednesday, May 7th. Robert W. Baird started coverage on Expeditors International of Washington in a report on Tuesday, July 1st. They set a "neutral" rating and a $124.00 target price on the stock. Finally, Baird R W upgraded Expeditors International of Washington to a "hold" rating in a report on Tuesday, July 1st. Five analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat.com, Expeditors International of Washington presently has an average rating of "Hold" and a consensus target price of $114.22.

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.