Boston Trust Walden Corp Purchases 27,002 Shares of Expeditors International of Washington, Inc. $EXPD

Boston Trust Walden Corp raised its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 5.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 491,547 shares of the transportation company’s stock after acquiring an additional 27,002 shares during the period. Boston Trust Walden Corp’s holdings in Expeditors International of Washington were worth $56,159,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Alpine Bank Wealth Management purchased a new position in Expeditors International of Washington in the 1st quarter valued at approximately $26,000. Zions Bancorporation National Association UT purchased a new position in shares of Expeditors International of Washington in the first quarter valued at $30,000. Garde Capital Inc. bought a new stake in shares of Expeditors International of Washington during the 1st quarter valued at $37,000. Ransom Advisory Ltd purchased a new stake in Expeditors International of Washington during the 1st quarter worth about $41,000. Finally, Twin Tree Management LP bought a new position in Expeditors International of Washington in the 1st quarter worth about $42,000. Institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Stock Up 0.7%

Shares of EXPD stock opened at $113.96 on Tuesday. The business has a 50-day moving average price of $120.73 and a two-hundred day moving average price of $115.63. Expeditors International of Washington, Inc. has a 12-month low of $100.47 and a 12-month high of $129.15. The firm has a market cap of $15.47 billion, a P/E ratio of 19.92, a price-to-earnings-growth ratio of 5.00 and a beta of 1.09.

Insiders Place Their Bets

In related news, VP Jeffrey F. Dickerman sold 1,470 shares of the business’s stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $118.05, for a total value of $173,533.50. Following the completion of the sale, the vice president owned 7,651 shares in the company, valued at $903,200.55. The trade was a 16.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.69% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Barclays upped their price target on Expeditors International of Washington from $105.00 to $110.00 and gave the company an “underweight” rating in a research report on Thursday, September 11th. Bank of America cut shares of Expeditors International of Washington from a “neutral” rating to an “underperform” rating and boosted their price objective for the company from $117.00 to $118.00 in a research note on Friday, July 11th. Stifel Nicolaus reduced their price target on shares of Expeditors International of Washington from $118.00 to $114.00 and set a “hold” rating for the company in a research report on Friday. JPMorgan Chase & Co. increased their price objective on Expeditors International of Washington from $105.00 to $107.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 8th. Finally, UBS Group lifted their price objective on Expeditors International of Washington from $117.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, August 6th. Seven equities research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $114.44.

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.