Versor Investments LP bought a new stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,806 shares of the transportation company's stock, valued at approximately $532,000.

A number of other large investors also recently bought and sold shares of EXPD. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Expeditors International of Washington by 12.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,400,949 shares of the transportation company's stock worth $315,485,000 after acquiring an additional 257,791 shares in the last quarter. Marshfield Associates increased its position in Expeditors International of Washington by 0.4% during the third quarter. Marshfield Associates now owns 1,818,027 shares of the transportation company's stock worth $238,889,000 after buying an additional 6,878 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Expeditors International of Washington by 8.5% in the fourth quarter. Principal Financial Group Inc. now owns 1,259,224 shares of the transportation company's stock valued at $139,484,000 after buying an additional 98,197 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Expeditors International of Washington by 5.8% during the fourth quarter. Bank of New York Mellon Corp now owns 983,996 shares of the transportation company's stock worth $108,997,000 after purchasing an additional 53,738 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in Expeditors International of Washington by 6.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 833,610 shares of the transportation company's stock valued at $109,536,000 after buying an additional 51,265 shares during the period. Institutional investors and hedge funds own 94.02% of the company's stock.

In related news, VP Jeffrey F. Dickerman sold 1,250 shares of the company's stock in a transaction that occurred on 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 directly 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 legal filing with the SEC, which is accessible through this hyperlink. Also, Director Robert Paul Carlile sold 3,000 shares of Expeditors International of Washington stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $121.11, for a total transaction of $363,330.00. Following the completion of the transaction, the director now directly owns 9,662 shares of the company's stock, valued at approximately $1,170,164.82. This represents a 23.69 % decrease in their position. The disclosure for this sale can be found here. 0.69% of the stock is owned by company insiders.

EXPD stock traded up $0.21 during midday trading on Friday, hitting $117.26. 2,669,151 shares of the company's stock were exchanged, compared to its average volume of 1,214,819. The stock has a market capitalization of $16.19 billion, a price-to-earnings ratio of 20.50, a price-to-earnings-growth ratio of 5.00 and a beta of 0.98. The firm has a 50 day moving average price of $112.82 and a 200-day moving average price of $118.35. Expeditors International of Washington, Inc. has a 12-month low of $108.36 and a 12-month high of $131.59.

Several analysts have recently commented on EXPD shares. Stifel Nicolaus reduced their price target on Expeditors International of Washington from $122.00 to $117.00 and set a "hold" rating for the company in a report on Thursday, January 23rd. UBS Group reduced their price target on shares of 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. Bank of America dropped their price objective on shares of Expeditors International of Washington from $129.00 to $120.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. TD Cowen upped their price target on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the stock a "sell" rating in a research report on Wednesday, November 6th. Finally, Barclays raised their price objective on Expeditors International of Washington from $105.00 to $110.00 and gave the company an "underweight" rating in a research report on Wednesday, November 6th. Four equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. According to data from MarketBeat, Expeditors International of Washington presently has a consensus rating of "Hold" and a consensus price target of $116.56.

View Our Latest Research Report on 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.

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