State of New Jersey Common Pension Fund D Sells 5,071 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

State of New Jersey Common Pension Fund D lessened its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPDFree Report) by 5.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,127 shares of the transportation company’s stock after selling 5,071 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Expeditors International of Washington were worth $9,414,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. First Horizon Advisors Inc. lifted its stake in shares of Expeditors International of Washington by 53.8% in the 1st quarter. First Horizon Advisors Inc. now owns 263 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 92 shares during the last quarter. Clear Street Markets LLC lifted its stake in shares of Expeditors International of Washington by 95.0% in the 1st 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 during the last quarter. Covestor Ltd lifted its stake in shares of Expeditors International of Washington by 103.6% in the 1st quarter. Covestor Ltd now owns 342 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 174 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Expeditors International of Washington by 46.3% in the 1st 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 during the last quarter. Finally, Vestor Capital LLC bought a new stake in shares of Expeditors International of Washington in the 2nd quarter valued at approximately $59,000. Hedge funds and other institutional investors own 96.73% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Report on Expeditors International of Washington

Expeditors International of Washington Stock Up 0.1 %

EXPD opened at $127.36 on Monday. The stock’s fifty day moving average is $125.94 and its two-hundred day moving average is $119.76. The company has a market capitalization 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 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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