Ossiam Has $832,000 Stock Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Ossiam lessened its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 56.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 7,508 shares of the transportation company’s stock after selling 9,668 shares during the period. Ossiam’s holdings in Expeditors International of Washington were worth $832,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Barclays PLC grew its stake in shares of Expeditors International of Washington by 2.4% in the third quarter. Barclays PLC now owns 571,548 shares of the transportation company’s stock valued at $75,099,000 after buying an additional 13,479 shares in the last quarter. SkyView Investment Advisors LLC raised its holdings in shares of Expeditors International of Washington by 5.4% in the 3rd quarter. SkyView Investment Advisors LLC now owns 5,421 shares of the transportation company’s stock valued at $712,000 after purchasing an additional 277 shares during the period. World Investment Advisors LLC bought a new position in Expeditors International of Washington during the third quarter worth about $222,000. Wilmington Savings Fund Society FSB acquired a new position in Expeditors International of Washington during the third quarter worth approximately $57,000. Finally, Synovus Financial Corp lifted its position in shares of Expeditors International of Washington by 98.2% in the third quarter. Synovus Financial Corp now owns 6,975 shares of the transportation company’s stock valued at $917,000 after buying an additional 3,456 shares during the last quarter. 94.02% of the stock is currently owned by institutional investors.

Expeditors International of Washington Stock Down 1.8 %

Shares of Expeditors International of Washington stock opened at $104.73 on Tuesday. The firm’s 50-day moving average price is $114.85 and its two-hundred day moving average price is $115.97. The company has a market capitalization of $14.43 billion, a price-to-earnings ratio of 18.31, a PEG ratio of 5.00 and a beta of 1.03. Expeditors International of Washington, Inc. has a 12-month low of $100.47 and a 12-month high of $131.59.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on EXPD shares. UBS Group dropped 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. Benchmark reaffirmed a “hold” rating on shares of Expeditors International of Washington in a report on Wednesday, February 19th. Susquehanna increased their price target on shares of Expeditors International of Washington from $115.00 to $120.00 and gave the company a “neutral” rating in a report on Monday, March 3rd. Truist Financial initiated coverage on Expeditors International of Washington in a research report on Thursday, March 13th. They issued a “hold” rating and a $110.00 target price on the stock. Finally, JPMorgan Chase & Co. reduced their price target on 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. Four equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company. Based on data from MarketBeat.com, Expeditors International of Washington currently has an average rating of “Hold” and a consensus target price of $115.90.

Insider Buying and Selling

In other news, VP Jeffrey F. Dickerman sold 1,250 shares of the business’s stock in a transaction on 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 transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.69% of the stock is currently owned by company insiders.

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.