Guggenheim Capital LLC Sells 1,209 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Guggenheim Capital LLC lessened its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 1.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,152 shares of the transportation company’s stock after selling 1,209 shares during the period. Guggenheim Capital LLC owned about 0.05% of Expeditors International of Washington worth $8,325,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Aware Super Pty Ltd as trustee of Aware Super bought a new position in Expeditors International of Washington in the 4th quarter valued at $23,663,000. Canada Post Corp Registered Pension Plan bought a new position in shares of Expeditors International of Washington in the fourth quarter worth about $293,000. Mariner LLC increased its stake in Expeditors International of Washington by 4.4% in the 4th quarter. Mariner LLC now owns 26,738 shares of the transportation company’s stock worth $2,962,000 after buying an additional 1,121 shares during the period. Townsquare Capital LLC lifted its holdings in Expeditors International of Washington by 19.9% during the 4th quarter. Townsquare Capital LLC now owns 22,080 shares of the transportation company’s stock valued at $2,446,000 after buying an additional 3,664 shares in the last quarter. Finally, Sterling Capital Management LLC boosted its position in Expeditors International of Washington by 9.8% in the 4th quarter. Sterling Capital Management LLC now owns 18,947 shares of the transportation company’s stock valued at $2,099,000 after buying an additional 1,693 shares during the period. Institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Stock Down 3.8 %

Shares of EXPD opened at $105.80 on Thursday. The company has a 50 day moving average of $115.21 and a two-hundred day moving average of $116.51. Expeditors International of Washington, Inc. has a twelve month low of $100.47 and a twelve month high of $131.59. The company has a market cap of $14.57 billion, a price-to-earnings ratio of 18.50, a price-to-earnings-growth ratio of 5.00 and a beta of 1.03.

Insiders Place Their Bets

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of Expeditors International of Washington stock in a transaction dated Thursday, February 20th. The stock was 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 of the company’s stock, valued at approximately $857,571.84. The trade was a 14.63 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.69% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. 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 research note on Thursday, January 23rd. Truist Financial started coverage on Expeditors International of Washington in a report on Thursday, March 13th. They issued a “hold” rating and a $110.00 target price for the company. UBS Group cut their price target on Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th. StockNews.com lowered shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a research note on Sunday, February 16th. Finally, JPMorgan Chase & Co. cut their target price on shares of Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 19th. Four research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $115.90.

Expeditors International of Washington 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.