Vontobel Holding Ltd. Has $340,000 Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Vontobel Holding Ltd. cut its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 71.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,073 shares of the transportation company’s stock after selling 7,865 shares during the quarter. Vontobel Holding Ltd.’s holdings in Expeditors International of Washington were worth $340,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Hara Capital LLC acquired a new position in shares of Expeditors International of Washington in the 3rd quarter valued at about $26,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Expeditors International of Washington in the 3rd quarter valued at about $57,000. Maia Wealth LLC acquired a new position in shares of Expeditors International of Washington in the 3rd quarter valued at about $59,000. Asset Dedication LLC lifted its stake in shares of Expeditors International of Washington by 339.9% in the 4th quarter. Asset Dedication LLC now owns 651 shares of the transportation company’s stock valued at $72,000 after purchasing an additional 503 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in shares of Expeditors International of Washington by 19.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,100 shares of the transportation company’s stock valued at $144,000 after purchasing an additional 176 shares during the period. 94.02% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Expeditors International of Washington

In other Expeditors International of Washington news, Director Robert Paul Carlile sold 3,000 shares of Expeditors International of Washington stock in a transaction 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 sale, the director now directly owns 9,662 shares of the company’s stock, valued at $1,170,164.82. The trade was a 23.69 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.69% of the company’s stock.

Expeditors International of Washington Trading Up 0.8 %

Shares of EXPD opened at $117.22 on Friday. The business’s 50 day moving average is $112.58 and its 200 day moving average is $118.43. The company has a market capitalization of $16.41 billion, a PE ratio of 20.49, a price-to-earnings-growth ratio of 4.02 and a beta of 0.98. Expeditors International of Washington, Inc. has a 12-month low of $108.36 and a 12-month high of $131.59.

Analysts Set New Price Targets

A number of brokerages recently commented on EXPD. Bank of America decreased their target price on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. JPMorgan Chase & Co. decreased their target price on Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating for the company in a research report on Wednesday. StockNews.com lowered Expeditors International of Washington from a “buy” rating to a “hold” rating in a research report on Sunday, February 16th. UBS Group decreased their target price on Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, Barclays boosted their price objective on Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a report on Wednesday, November 6th. Four investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. Based on data from MarketBeat.com, Expeditors International of Washington presently has an average rating of “Hold” and an average target price of $116.56.

About Expeditors International of Washington

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.