Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Bought by Stifel Financial Corp

Stifel Financial Corp raised its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 144,226 shares of the transportation company's stock after acquiring an additional 3,501 shares during the quarter. Stifel Financial Corp owned approximately 0.10% of Expeditors International of Washington worth $15,976,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. grew its holdings in Expeditors International of Washington by 431.8% in the fourth 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 period. Bank of Jackson Hole Trust acquired a new position in Expeditors International of Washington during the fourth quarter worth $39,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Expeditors International of Washington during the fourth quarter worth about $52,000. TD Private Client Wealth LLC lifted its stake in Expeditors International of Washington by 41.0% in the 4th quarter. TD Private Client Wealth LLC now owns 488 shares of the transportation company's stock valued at $54,000 after buying an additional 142 shares in the last quarter. Finally, New Age Alpha Advisors LLC acquired a new stake in Expeditors International of Washington in the 4th quarter worth about $54,000. 94.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Stifel Nicolaus lowered their price target on Expeditors International of Washington from $122.00 to $117.00 and set a "hold" rating on the stock in a research note on Thursday, January 23rd. Truist Financial decreased 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 note on Thursday, April 24th. StockNews.com downgraded Expeditors International of Washington from a "buy" rating to a "hold" rating in a research note on Sunday, February 16th. Susquehanna upped 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 report on Monday, March 3rd. Finally, UBS Group cut their target price on Expeditors International of Washington from $130.00 to $128.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 19th. Four analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. According to MarketBeat, Expeditors International of Washington has a consensus rating of "Hold" and a consensus price target of $115.40.

Insider Activity at Expeditors International of Washington

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 transaction of $146,925.00. Following the sale, the vice president now owns 7,296 shares in the company, valued at approximately $857,571.84. The trade was a 14.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.69% of the stock is currently owned by corporate insiders.

Expeditors International of Washington Stock Up 3.2 %

Expeditors International of Washington stock traded up $3.53 during trading on Friday, reaching $113.14. The stock had a trading volume of 350,589 shares, compared to its average volume of 1,266,218. Expeditors International of Washington, Inc. has a 52-week low of $100.47 and a 52-week high of $131.59. The business has a 50 day moving average price of $113.75 and a 200 day moving average price of $115.34. The stock has a market cap of $15.59 billion, a PE ratio of 19.75, a P/E/G 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.