Sanctuary Advisors LLC Boosts Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Sanctuary Advisors LLC boosted its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 2.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,567 shares of the transportation company’s stock after acquiring an additional 910 shares during the period. Sanctuary Advisors LLC’s holdings in Expeditors International of Washington were worth $3,818,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Manchester Capital Management LLC raised its holdings in shares of Expeditors International of Washington by 3.5% in the fourth quarter. Manchester Capital Management LLC now owns 3,032 shares of the transportation company’s stock worth $336,000 after buying an additional 103 shares during the last quarter. OLD National Bancorp IN raised its holdings in shares of Expeditors International of Washington by 5.3% in the fourth quarter. OLD National Bancorp IN now owns 2,234 shares of the transportation company’s stock worth $247,000 after buying an additional 113 shares during the last quarter. Lindenwold Advisors INC raised its holdings in shares of Expeditors International of Washington by 0.7% in the third quarter. Lindenwold Advisors INC now owns 16,713 shares of the transportation company’s stock worth $2,196,000 after buying an additional 114 shares during the last quarter. Guardian Wealth Advisors LLC raised its holdings in shares of Expeditors International of Washington by 5.9% in the third quarter. Guardian Wealth Advisors LLC now owns 2,050 shares of the transportation company’s stock worth $269,000 after buying an additional 115 shares during the last quarter. Finally, Huntington National Bank raised its holdings in shares of Expeditors International of Washington by 7.4% in the third quarter. Huntington National Bank now owns 1,835 shares of the transportation company’s stock worth $241,000 after buying an additional 127 shares during the last quarter. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Analyst Ratings Changes

EXPD has been the subject of a number of research analyst reports. Barclays raised their price target on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a report on Wednesday, November 6th. Stifel Nicolaus decreased 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. 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 for the company in a report on Thursday, January 16th. JPMorgan Chase & Co. reduced their target price on shares of Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating for the company in a report on Wednesday. Finally, TD Cowen raised their target price on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the stock a “sell” rating in a report on Wednesday, November 6th. Four investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $116.56.

Expeditors International of Washington Stock Performance

EXPD stock opened at $116.44 on Friday. The firm has a market cap of $16.30 billion, a PE ratio of 20.36, a P/E/G ratio of 5.07 and a beta of 0.98. The firm’s fifty day moving average is $112.54 and its 200 day moving average is $118.39. Expeditors International of Washington, Inc. has a one year low of $108.36 and a one year high of $131.59.

Insider Activity at Expeditors International of Washington

In related news, Director Robert Paul Carlile sold 3,000 shares of the firm’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total transaction of $363,330.00. Following the sale, the director now owns 9,662 shares in the company, valued at approximately $1,170,164.82. This trade represents a 23.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.69% of the stock is owned by company insiders.

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.