Jones Financial Companies Lllp Boosts Stock Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Jones Financial Companies Lllp lifted its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 11.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,325 shares of the transportation company’s stock after acquiring an additional 140 shares during the quarter. Jones Financial Companies Lllp’s holdings in Expeditors International of Washington were worth $147,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Manchester Capital Management LLC increased its position in shares of Expeditors International of Washington by 3.5% during the fourth quarter. Manchester Capital Management LLC now owns 3,032 shares of the transportation company’s stock worth $336,000 after acquiring an additional 103 shares during the period. Chapman Investment Management LLC grew its stake in shares of Expeditors International of Washington by 0.6% during the fourth quarter. Chapman Investment Management LLC now owns 18,967 shares of the transportation company’s stock worth $2,101,000 after purchasing an additional 112 shares in the last quarter. OLD National Bancorp IN grew its stake in shares of Expeditors International of Washington by 5.3% during the fourth quarter. OLD National Bancorp IN now owns 2,234 shares of the transportation company’s stock worth $247,000 after purchasing an additional 113 shares in the last quarter. Lindenwold Advisors INC grew its stake in shares of Expeditors International of Washington by 0.7% during the third quarter. Lindenwold Advisors INC now owns 16,713 shares of the transportation company’s stock worth $2,196,000 after purchasing an additional 114 shares in the last quarter. Finally, Guardian Wealth Advisors LLC grew its stake in shares of Expeditors International of Washington by 5.9% during the third quarter. Guardian Wealth Advisors LLC now owns 2,050 shares of the transportation company’s stock worth $269,000 after purchasing an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Insider Transactions at Expeditors International of Washington

In other news, VP Jeffrey F. Dickerman sold 1,250 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $117.54, for a total transaction of $146,925.00. Following the completion of the sale, the vice president now owns 7,296 shares in the company, valued at approximately $857,571.84. This represents a 14.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on EXPD. StockNews.com downgraded shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research note on Sunday, February 16th. Stifel Nicolaus lowered their target price on shares of Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating for the company in a research note on Thursday, January 23rd. UBS Group lowered their target price on shares of Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating for the company in a research note on Wednesday, February 19th. JPMorgan Chase & Co. lowered 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 research note on Wednesday, February 19th. Finally, Truist Financial initiated coverage on shares of Expeditors International of Washington in a research note on Thursday. They issued a “hold” rating and a $110.00 price objective for the company. Four analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat.com, Expeditors International of Washington currently has a consensus rating of “Hold” and an average target price of $115.90.

Expeditors International of Washington Stock Performance

Shares of EXPD opened at $115.29 on Friday. Expeditors International of Washington, Inc. has a fifty-two week low of $108.36 and a fifty-two week high of $131.59. The company has a market capitalization of $15.91 billion, a price-to-earnings ratio of 20.16, a price-to-earnings-growth ratio of 5.00 and a beta of 1.00. The firm has a 50-day simple moving average of $114.45 and a 200-day simple moving average of $118.22.

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.