Elo Mutual Pension Insurance Co Increases Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Elo Mutual Pension Insurance Co lifted its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 37.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,185 shares of the transportation company’s stock after buying an additional 4,638 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Expeditors International of Washington were worth $1,904,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. SRS Capital Advisors Inc. grew its holdings in Expeditors International of Washington by 431.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company’s stock valued at $26,000 after buying an additional 190 shares in the last quarter. Bank of Jackson Hole Trust purchased a new position in Expeditors International of Washington during the fourth quarter valued at $39,000. TD Private Client Wealth LLC increased its holdings 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 acquiring an additional 142 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Expeditors International of Washington in the 3rd quarter worth $57,000. Finally, Intact Investment Management Inc. bought a new position in shares of Expeditors International of Washington during the 4th quarter valued at about $66,000. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Insider Activity at Expeditors International of Washington

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of the business’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 completion of the transaction, the vice president now owns 7,296 shares in the company, valued at $857,571.84. The trade was a 14.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.69% of the stock is currently owned by insiders.

Expeditors International of Washington Trading Down 0.5 %

Shares of EXPD opened at $119.71 on Friday. The company’s fifty day simple moving average is $115.79 and its 200-day simple moving average is $117.84. The company has a market cap of $16.52 billion, a P/E ratio of 20.93, a P/E/G ratio of 5.00 and a beta of 1.00. Expeditors International of Washington, Inc. has a twelve month low of $108.36 and a twelve month high of $131.59.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on EXPD shares. Susquehanna lifted their target price on Expeditors International of Washington from $115.00 to $120.00 and gave the stock a “neutral” rating in a report on Monday, March 3rd. Truist Financial assumed coverage on Expeditors International of Washington in a report on Thursday, March 13th. They set a “hold” rating and a $110.00 price objective on the stock. Benchmark reissued a “hold” rating on shares of Expeditors International of Washington in a report on Wednesday, February 19th. JPMorgan Chase & Co. decreased their price target on shares of Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 19th. Finally, StockNews.com cut shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research note on Sunday, February 16th. Four investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $115.90.

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.