Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Purchased by Huntington National Bank

Huntington National Bank raised its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPDFree Report) by 27.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,662 shares of the transportation company’s stock after buying an additional 363 shares during the quarter. Huntington National Bank’s holdings in Expeditors International of Washington were worth $191,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. lifted its stake in Expeditors International of Washington by 53.8% in the first quarter. First Horizon Advisors Inc. now owns 263 shares of the transportation company’s stock valued at $29,000 after buying an additional 92 shares during the last quarter. Clear Street Markets LLC raised its stake in shares of Expeditors International of Washington by 95.0% during the first quarter. Clear Street Markets LLC now owns 314 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 153 shares in the last quarter. Covestor Ltd raised its stake in shares of Expeditors International of Washington by 103.6% during the first quarter. Covestor Ltd now owns 342 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 174 shares in the last quarter. Vestor Capital LLC bought a new stake in shares of Expeditors International of Washington during the second quarter valued at about $59,000. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of Expeditors International of Washington by 46.3% during the first quarter. Steward Partners Investment Advisory LLC now owns 521 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 165 shares in the last quarter. 96.73% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. cut their price objective on shares of Expeditors International of Washington from $111.00 to $108.00 and set an “underweight” rating on the stock in a research note on Tuesday, January 9th. Susquehanna cut their price objective on shares of Expeditors International of Washington from $115.00 to $109.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 8th. Morgan Stanley cut their price objective on shares of Expeditors International of Washington from $85.00 to $84.00 and set an “underweight” rating on the stock in a research note on Monday, November 13th. Stifel Nicolaus lifted their target price on Expeditors International of Washington from $114.00 to $117.00 and gave the stock a “hold” rating in a report on Wednesday, January 10th. Finally, BNP Paribas lowered Expeditors International of Washington from a “neutral” rating to an “underperform” rating and set a $116.00 target price on the stock. in a report on Thursday, January 11th. Four research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to MarketBeat, Expeditors International of Washington currently has a consensus rating of “Hold” and a consensus price target of $105.50.

Get Our Latest Stock Analysis on Expeditors International of Washington

Expeditors International of Washington Stock Up 0.1 %

NASDAQ:EXPD opened at $127.36 on Monday. The business’s 50-day moving average price is $125.94 and its 200 day moving average price is $119.76. The firm has a market cap of $18.52 billion, a P/E ratio of 24.08 and a beta of 1.02. Expeditors International of Washington, Inc. has a 52-week low of $102.89 and a 52-week high of $131.17.

Expeditors International of Washington Company Profile

(Free Report)

Expeditors International of Washington, Inc, together with its subsidiaries, provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. 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, 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.

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Institutional Ownership by Quarter for Expeditors International of Washington (NASDAQ:EXPD)

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