Rowlandmiller & PARTNERS.ADV Trims Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Rowlandmiller & PARTNERS.ADV reduced its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,921 shares of the transportation company’s stock after selling 125 shares during the period. Rowlandmiller & PARTNERS.ADV’s holdings in Expeditors International of Washington were worth $1,431,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in EXPD. Sequoia Financial Advisors LLC boosted its holdings in Expeditors International of Washington by 6.9% in the third quarter. Sequoia Financial Advisors LLC now owns 2,744 shares of the transportation company’s stock valued at $361,000 after purchasing an additional 178 shares during the last quarter. Private Advisor Group LLC acquired a new position in shares of Expeditors International of Washington in the 3rd quarter valued at about $293,000. International Assets Investment Management LLC grew its holdings in Expeditors International of Washington by 15,046.0% during the third quarter. International Assets Investment Management LLC now owns 266,873 shares of the transportation company’s stock worth $35,067,000 after acquiring an additional 265,111 shares during the period. Lake Street Advisors Group LLC purchased a new position in Expeditors International of Washington during the third quarter valued at approximately $209,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in Expeditors International of Washington by 1.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 85,473 shares of the transportation company’s stock valued at $11,020,000 after acquiring an additional 1,355 shares during the period. 94.02% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Robert Paul Carlile sold 3,000 shares of the stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $121.11, for a total transaction of $363,330.00. Following the completion of the transaction, the director now directly owns 9,662 shares of the company’s stock, valued at approximately $1,170,164.82. This represents a 23.69 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.69% of the company’s stock.

Expeditors International of Washington Stock Performance

EXPD opened at $116.44 on Monday. Expeditors International of Washington, Inc. has a one year low of $108.36 and a one year high of $131.59. The stock has a market capitalization of $16.30 billion, a P/E ratio of 20.36, a price-to-earnings-growth ratio of 5.00 and a beta of 0.98. The business’s 50-day simple moving average is $112.54 and its 200-day simple moving average is $118.42.

Wall Street Analysts Forecast Growth

Several analysts recently commented on EXPD shares. Bank of America dropped their price target on shares of Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. TD Cowen raised their target price on Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a research report on Wednesday, November 6th. Benchmark reaffirmed a “hold” rating on shares of Expeditors International of Washington in a report on Wednesday, February 19th. StockNews.com lowered Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Sunday, February 16th. Finally, Barclays upped their target price on Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Four equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. According to MarketBeat, Expeditors International of Washington has an average rating of “Hold” and an average price target of $116.56.

Expeditors International of Washington Company 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.