Rowlandmiller & PARTNERS.ADV Decreases Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Rowlandmiller & PARTNERS.ADV lowered its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,921 shares of the transportation company’s stock after selling 125 shares during the period. Rowlandmiller & PARTNERS.ADV’s holdings in Expeditors International of Washington were worth $1,431,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EXPD. Hara Capital LLC acquired a new position in shares of Expeditors International of Washington during the 3rd quarter worth $26,000. Bank of Jackson Hole Trust purchased a new position in Expeditors International of Washington during the 4th quarter valued at about $39,000. Wilmington Savings Fund Society FSB acquired a new position in Expeditors International of Washington during the third quarter worth about $57,000. Maia Wealth LLC purchased a new stake in shares of Expeditors International of Washington in the third quarter valued at about $59,000. Finally, Asset Dedication LLC grew its position in shares of Expeditors International of Washington by 339.9% in the fourth quarter. Asset Dedication LLC now owns 651 shares of the transportation company’s stock valued at $72,000 after purchasing an additional 503 shares during the last quarter. 94.02% of the stock is owned by institutional investors and hedge funds.

Expeditors International of Washington Stock Performance

EXPD opened at $116.44 on Monday. Expeditors International of Washington, Inc. has a 1 year low of $108.36 and a 1 year high of $131.59. The company’s 50 day simple moving average is $112.54 and its 200 day simple moving average is $118.42. The stock has a market capitalization of $16.30 billion, a PE ratio of 20.36, a P/E/G ratio of 5.00 and a beta of 0.98.

Insiders Place Their Bets

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of the company’s stock in a transaction dated 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 sale, the director now directly owns 9,662 shares in the company, valued at $1,170,164.82. This represents a 23.69 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.69% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

EXPD has been the subject of several research reports. UBS Group cut their price objective on Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. TD Cowen upped their price objective on Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a research report on Wednesday, November 6th. StockNews.com cut Expeditors International of Washington from a “buy” rating to a “hold” rating in a research report on Sunday, February 16th. Bank of America reduced their target price on shares of Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Finally, Stifel Nicolaus lowered their price target on shares of 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. Four research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. Based on data from MarketBeat, Expeditors International of Washington presently has an average rating of “Hold” and a consensus price target of $116.56.

Expeditors International of Washington 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.