Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Acquired by Arjuna Capital

Arjuna Capital boosted its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPDFree Report) by 3.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,266 shares of the transportation company’s stock after purchasing an additional 1,745 shares during the period. Expeditors International of Washington makes up approximately 1.9% of Arjuna Capital’s holdings, making the stock its 13th biggest position. Arjuna Capital’s holdings in Expeditors International of Washington were worth $5,303,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Expeditors International of Washington by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 19,675,632 shares of the transportation company’s stock valued at $2,029,739,000 after buying an additional 190,319 shares during the period. Bank of America Corp DE increased its stake in Expeditors International of Washington by 16.2% in the 1st quarter. Bank of America Corp DE now owns 3,500,552 shares of the transportation company’s stock valued at $385,481,000 after buying an additional 488,561 shares during the period. Northern Trust Corp increased its stake in Expeditors International of Washington by 0.3% in the 1st quarter. Northern Trust Corp now owns 2,486,514 shares of the transportation company’s stock valued at $256,508,000 after buying an additional 6,839 shares during the period. Morgan Stanley increased its stake in Expeditors International of Washington by 10.6% in the 4th quarter. Morgan Stanley now owns 2,021,645 shares of the transportation company’s stock valued at $210,089,000 after buying an additional 193,217 shares during the period. Finally, Royal Bank of Canada increased its stake in Expeditors International of Washington by 0.5% in the 2nd quarter. Royal Bank of Canada now owns 1,677,742 shares of the transportation company’s stock valued at $203,226,000 after buying an additional 7,547 shares during the period. 96.73% of the stock is owned by institutional investors and hedge funds.

Expeditors International of Washington Price Performance

NASDAQ:EXPD traded down $0.60 during midday trading on Monday, reaching $126.76. The stock had a trading volume of 36,796 shares, compared to its average volume of 1,059,925. Expeditors International of Washington, Inc. has a 1-year low of $102.89 and a 1-year high of $131.17. The firm’s fifty day simple moving average is $125.94 and its 200-day simple moving average is $119.76. The stock has a market capitalization of $18.43 billion, a P/E ratio of 24.08 and a beta of 1.02.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Susquehanna dropped their price objective on shares of Expeditors International of Washington from $115.00 to $109.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 8th. BNP Paribas lowered shares of Expeditors International of Washington from a “neutral” rating to an “underperform” rating and set a $116.00 price target on the stock. in a research note on Thursday, January 11th. Morgan Stanley dropped their price target on shares of Expeditors International of Washington from $85.00 to $84.00 and set an “underweight” rating on the stock in a research note on Monday, November 13th. Stifel Nicolaus increased their price target on shares of Expeditors International of Washington from $114.00 to $117.00 and gave the stock a “hold” rating in a research note on Wednesday, January 10th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Expeditors International of Washington from $111.00 to $108.00 and set an “underweight” rating on the stock in a research note on Tuesday, January 9th. Four analysts have rated the stock with a sell rating and four have issued a hold rating to the company. Based on data from MarketBeat, Expeditors International of Washington has an average rating of “Hold” and an average target price of $105.50.

Get Our Latest Research Report on Expeditors International of Washington

Expeditors International of Washington Company Profile

(Free Report)

Expeditors International of Washington, Inc, together with its subsidiaries, provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. 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, 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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Institutional Ownership by Quarter for Expeditors International of Washington (NASDAQ:EXPD)

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