Expeditors International of Washington, Inc. (NASDAQ:EXPD) Stake Boosted by Arjuna Capital

Arjuna Capital grew its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPDFree Report) by 3.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,266 shares of the transportation company’s stock after buying an additional 1,745 shares during the quarter. Expeditors International of Washington makes up about 1.9% of Arjuna Capital’s investment portfolio, making the stock its 13th biggest position. Arjuna Capital’s holdings in Expeditors International of Washington were worth $5,303,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. First Horizon Advisors Inc. raised its holdings in shares of Expeditors International of Washington by 53.8% during the first quarter. First Horizon Advisors Inc. now owns 263 shares of the transportation company’s stock worth $29,000 after acquiring an additional 92 shares during the period. Clear Street Markets LLC lifted its holdings in shares of Expeditors International of Washington by 95.0% during the 1st quarter. Clear Street Markets LLC now owns 314 shares of the transportation company’s stock worth $35,000 after acquiring an additional 153 shares during the period. Covestor Ltd lifted its stake in Expeditors International of Washington by 103.6% in the 1st quarter. Covestor Ltd now owns 342 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 174 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in Expeditors International of Washington by 46.3% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 521 shares of the transportation company’s stock valued at $57,000 after acquiring an additional 165 shares during the period. Finally, Vestor Capital LLC acquired a new stake in shares of Expeditors International of Washington during the second quarter worth $59,000. 96.73% of the stock is owned by institutional investors.

Analysts Set New Price Targets

EXPD has been the topic of a number of recent analyst reports. BNP Paribas lowered shares of Expeditors International of Washington from a “neutral” rating to an “underperform” rating and set a $116.00 price target on the stock. in a research report on Thursday, January 11th. Susquehanna dropped their target price on shares of Expeditors International of Washington from $115.00 to $109.00 and set a “neutral” rating for the company in a research report on Wednesday, November 8th. Morgan Stanley dropped their target price on shares of Expeditors International of Washington from $85.00 to $84.00 and set an “underweight” rating for the company in a research report on Monday, November 13th. Stifel Nicolaus lifted their target price on shares of Expeditors International of Washington from $114.00 to $117.00 and gave the company a “hold” rating in a research report on Wednesday, January 10th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Expeditors International of Washington from $111.00 to $108.00 and set an “underweight” rating for the company in a research report on Tuesday, January 9th. Four research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $105.50.

View Our Latest Research Report on Expeditors International of Washington

Expeditors International of Washington Stock Performance

NASDAQ:EXPD traded down $0.60 during midday trading on Monday, reaching $126.76. 36,796 shares of the stock traded hands, compared to its average volume of 1,059,925. The company has a fifty day moving average of $125.94 and a 200 day moving average of $119.76. The stock has a market capitalization of $18.43 billion, a P/E ratio of 24.08 and a beta of 1.02. Expeditors International of Washington, Inc. has a 12 month low of $102.89 and a 12 month high of $131.17.

Expeditors International of Washington Company Profile

(Free Report)

Expeditors International of Washington, Inc, together with its subsidiaries, provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. 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, 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.

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Institutional Ownership by Quarter for Expeditors International of Washington (NASDAQ:EXPD)

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