Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Purchased by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. grew its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.6% in the fourth quarter, HoldingsChannel reports. The fund owned 803,490 shares of the transportation company’s stock after buying an additional 13,028 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Expeditors International of Washington were worth $89,003,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. SRS Capital Advisors Inc. boosted its holdings in shares of Expeditors International of Washington by 431.8% in the 4th 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 last quarter. Bank of Jackson Hole Trust purchased a new position in shares of Expeditors International of Washington in the 4th quarter worth $39,000. Aster Capital Management DIFC Ltd acquired a new position in Expeditors International of Washington in the fourth quarter valued at $52,000. TD Private Client Wealth LLC grew its position in Expeditors International of Washington by 41.0% during the fourth 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 period. Finally, New Age Alpha Advisors LLC acquired a new stake in Expeditors International of Washington during the fourth quarter worth about $54,000. 94.02% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EXPD has been the subject of a number of research reports. Susquehanna boosted 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 started coverage on shares of Expeditors International of Washington in a research note on Thursday, March 13th. They set a “hold” rating and a $110.00 price objective for the company. Benchmark reissued a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. StockNews.com cut shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research report on Sunday, February 16th. Finally, Stifel Nicolaus cut their price objective on Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating on the stock in a research report on Thursday, January 23rd. Four research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. Based on data from MarketBeat, Expeditors International of Washington has a consensus rating of “Hold” and an average target price of $115.90.

Insider Buying and Selling at Expeditors International of Washington

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. 0.69% of the stock is currently owned by insiders.

Expeditors International of Washington Stock Performance

Shares of EXPD opened at $106.67 on Friday. The stock has a 50-day moving average price of $114.98 and a 200 day moving average price of $116.19. The company has a market capitalization of $14.69 billion, a P/E ratio of 18.65, a P/E/G ratio of 5.00 and a beta of 1.03. Expeditors International of Washington, Inc. has a one year low of $100.47 and a one year high of $131.59.

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.