Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Sold by Hutner Capital Management Inc.

Hutner Capital Management Inc. decreased its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 5.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,306 shares of the transportation company’s stock after selling 455 shares during the quarter. Hutner Capital Management Inc.’s holdings in Expeditors International of Washington were worth $809,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Caisse DE Depot ET Placement DU Quebec grew its position in Expeditors International of Washington by 149.8% in the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 251,004 shares of the transportation company’s stock worth $27,804,000 after purchasing an additional 150,533 shares during the last quarter. Parvin Asset Management LLC acquired a new position in shares of Expeditors International of Washington during the fourth quarter worth approximately $42,000. Voleon Capital Management LP bought a new position in Expeditors International of Washington in the 4th quarter worth approximately $743,000. AQR Capital Management LLC increased its position in Expeditors International of Washington by 33.5% in the 4th quarter. AQR Capital Management LLC now owns 428,947 shares of the transportation company’s stock valued at $47,515,000 after acquiring an additional 107,697 shares during the period. Finally, Northern Trust Corp raised its stake in Expeditors International of Washington by 19.7% during the 4th quarter. Northern Trust Corp now owns 2,288,437 shares of the transportation company’s stock valued at $253,490,000 after acquiring an additional 376,689 shares in the last quarter. Institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Trading Down 0.2 %

NASDAQ:EXPD opened at $109.66 on Friday. Expeditors International of Washington, Inc. has a 1 year low of $100.47 and a 1 year high of $131.59. The firm’s fifty day simple moving average is $113.75 and its 200 day simple moving average is $115.34. The firm has a market capitalization of $15.11 billion, a PE ratio of 19.17, a PEG ratio of 5.00 and a beta of 1.03.

Insider Buying and Selling

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,250 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $117.54, for a total value 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 trade represents a 14.63 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.69% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Susquehanna increased their target price on shares of Expeditors International of Washington from $115.00 to $120.00 and gave the company a “neutral” rating in a research report on Monday, March 3rd. Stifel Nicolaus lowered their price objective on shares of Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating on the stock in a research note on Thursday, January 23rd. Benchmark restated a “hold” rating on shares of Expeditors International of Washington in a research report on Wednesday, February 19th. StockNews.com cut Expeditors International of Washington from a “buy” rating to a “hold” rating in a research report on Sunday, February 16th. Finally, JPMorgan Chase & Co. cut their price objective on Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating for the company in a report on Wednesday, February 19th. Four analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to MarketBeat.com, Expeditors International of Washington presently has a consensus rating of “Hold” and an average target price of $115.40.

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.