Universal Beteiligungs und Servicegesellschaft mbH Reduces Holdings in Expeditors International of Washington, Inc. $EXPD

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH trimmed its stake by 12.2% in Expeditors during Q4, selling 21,846 shares and leaving it with 157,349 shares (about 0.12% of the company) valued at roughly $23.53 million.
• Several large institutions boosted positions—State Street now holds 7.7M shares and UBS AM increased its holding by 733.9% to about 1.89M shares—leaving institutional ownership at approximately 94.02%.
• Analyst sentiment is mixed-to-negative with a MarketBeat consensus rating of "Reduce" and a consensus price target of $134.30 (2 Buys, 6 Holds, 4 Sells among analysts).

Universal Beteiligungs und Servicegesellschaft mbH trimmed its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 12.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 157,349 shares of the transportation company's stock after selling 21,846 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.12% of Expeditors International of Washington worth $23,532,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. State Street Corp grew its position in shares of Expeditors International of Washington by 5.2% in the 3rd quarter. State Street Corp now owns 7,708,656 shares of the transportation company's stock valued at $945,004,000 after buying an additional 377,703 shares during the last quarter. Marshfield Associates grew its position in shares of Expeditors International of Washington by 4.6% in the 3rd quarter. Marshfield Associates now owns 1,942,740 shares of the transportation company's stock valued at $238,161,000 after buying an additional 86,182 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Expeditors International of Washington by 64.1% in the 3rd quarter. Wellington Management Group LLP now owns 1,920,927 shares of the transportation company's stock valued at $235,486,000 after buying an additional 749,993 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Expeditors International of Washington by 733.9% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,887,853 shares of the transportation company's stock valued at $231,432,000 after buying an additional 1,661,457 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Expeditors International of Washington by 2.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,451,363 shares of the transportation company's stock valued at $177,923,000 after buying an additional 37,390 shares during the last quarter. 94.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on EXPD. Bank of America raised shares of Expeditors International of Washington from a "neutral" rating to a "buy" rating in a research report on Friday, January 9th. JPMorgan Chase & Co. lowered their price objective on shares of Expeditors International of Washington from $134.00 to $132.00 and set an "underweight" rating on the stock in a research report on Monday, January 12th. Zacks Research downgraded shares of Expeditors International of Washington from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 14th. Truist Financial lowered their price objective on shares of Expeditors International of Washington from $160.00 to $140.00 and set a "hold" rating on the stock in a research report on Wednesday, February 25th. Finally, Barclays raised their price objective on shares of Expeditors International of Washington from $110.00 to $135.00 and gave the stock an "underweight" rating in a research report on Thursday, January 15th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Expeditors International of Washington has a consensus rating of "Reduce" and a consensus price target of $134.30.

Expeditors International of Washington Stock Performance

EXPD stock opened at $147.51 on Friday. Expeditors International of Washington, Inc. has a one year low of $106.00 and a one year high of $167.19. The stock has a market capitalization of $19.62 billion, a PE ratio of 25.79, a price-to-earnings-growth ratio of 5.00 and a beta of 1.09. The company has a fifty day moving average of $145.33 and a 200-day moving average of $144.98.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last released its earnings results on Tuesday, February 24th. The transportation company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.46 by $0.03. Expeditors International of Washington had a net margin of 7.64% and a return on equity of 36.16%. During the same period in the previous year, the firm posted $1.68 earnings per share. Expeditors International of Washington's revenue for the quarter was down 3.3% compared to the same quarter last year. Equities analysts forecast that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current fiscal year.

About Expeditors International of Washington

Expeditors International of Washington is a global logistics and freight forwarding company headquartered in Seattle, Washington. The firm specializes in providing tailored supply chain solutions that encompass air, ocean and ground transportation. Through an integrated service model, Expeditors coordinates and manages the movement of goods for a diverse customer base, including manufacturers, retailers and technology companies.

The company's core offerings include customs brokerage, cargo insurance, distribution and warehousing services, as well as vendor consolidation and inventory management.

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