Ossiam Has $832,000 Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Ossiam reduced its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 56.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,508 shares of the transportation company's stock after selling 9,668 shares during the quarter. Ossiam's holdings in Expeditors International of Washington were worth $832,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in shares of Expeditors International of Washington by 1.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,323,249 shares of the transportation company's stock valued at $146,579,000 after acquiring an additional 23,425 shares during the last quarter. Epoch Investment Partners Inc. increased its stake in shares of Expeditors International of Washington by 1.6% in the 4th quarter. Epoch Investment Partners Inc. now owns 803,490 shares of the transportation company's stock valued at $89,003,000 after acquiring an additional 13,028 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Expeditors International of Washington by 33.8% in 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 last quarter. Forum Financial Management LP increased its stake in shares of Expeditors International of Washington by 48.3% in the 4th quarter. Forum Financial Management LP now owns 2,419 shares of the transportation company's stock valued at $268,000 after acquiring an additional 788 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its stake in shares of Expeditors International of Washington by 36.3% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 373,726 shares of the transportation company's stock valued at $41,361,000 after acquiring an additional 99,608 shares during the last quarter. 94.02% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on EXPD. UBS Group lowered their target price on Expeditors International of Washington from $130.00 to $128.00 and set a "neutral" rating for the company in a research note on Wednesday, February 19th. StockNews.com cut Expeditors International of Washington from a "buy" rating to a "hold" rating in a research note on Sunday, February 16th. Susquehanna increased their target price on Expeditors International of Washington from $115.00 to $120.00 and gave the stock a "neutral" rating in a research note on Monday, March 3rd. Bank of America lowered their target price on Expeditors International of Washington from $129.00 to $120.00 and set a "neutral" rating for the company in a research note on Thursday, January 16th. Finally, Benchmark reissued a "hold" rating on shares of Expeditors International of Washington in a research note 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 MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $115.40.

Expeditors International of Washington Stock Down 2.4 %

Shares of NASDAQ EXPD traded down $2.61 during trading hours on Friday, hitting $108.37. The company had a trading volume of 1,326,911 shares, compared to its average volume of 1,276,187. The stock has a market capitalization of $14.93 billion, a P/E ratio of 18.95, a price-to-earnings-growth ratio of 5.00 and a beta of 1.03. Expeditors International of Washington, Inc. has a 1-year low of $100.47 and a 1-year high of $131.59. The firm's 50 day moving average is $114.36 and its 200-day moving average is $115.62.

Insider Activity

In other news, VP Jeffrey F. Dickerman sold 1,250 shares of the 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 sale, the vice president now owns 7,296 shares of the company's stock, valued at approximately $857,571.84. This represents a 14.63 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.69% of the stock is currently owned by insiders.

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.