Treasurer of the State of North Carolina Buys 280 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Treasurer of the State of North Carolina boosted its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 0.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,725 shares of the transportation company’s stock after purchasing an additional 280 shares during the quarter. Treasurer of the State of North Carolina’s holdings in Expeditors International of Washington were worth $7,059,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. boosted its holdings in shares of Expeditors International of Washington by 431.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company’s stock valued at $26,000 after buying an additional 190 shares in the last quarter. Bank of Jackson Hole Trust acquired a new stake in Expeditors International of Washington in the fourth quarter valued at approximately $39,000. Wilmington Savings Fund Society FSB purchased a new position in Expeditors International of Washington in the third quarter worth $57,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Expeditors International of Washington during the fourth quarter worth $52,000. Finally, TD Private Client Wealth LLC lifted its holdings in shares of Expeditors International of Washington by 41.0% during the 4th quarter. TD Private Client Wealth LLC now owns 488 shares of the transportation company’s stock valued at $54,000 after purchasing an additional 142 shares during the last quarter. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Expeditors International of Washington Stock Performance

NASDAQ:EXPD opened at $110.13 on Monday. The firm’s fifty day moving average is $115.31 and its two-hundred day moving average is $116.75. The firm has a market cap of $15.17 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 5.00 and a beta of 1.03. Expeditors International of Washington, Inc. has a one year low of $100.47 and a one year high of $131.59.

Insider Transactions at Expeditors International of Washington

In other news, VP Jeffrey F. Dickerman sold 1,250 shares of Expeditors International of Washington stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $117.54, for a total transaction of $146,925.00. Following the completion of the transaction, the vice president now directly owns 7,296 shares of the company’s stock, valued at $857,571.84. The trade was a 14.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.69% of the company’s stock.

Wall Street Analyst Weigh In

EXPD has been the topic of several recent analyst reports. UBS Group reduced their target price on Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 19th. JPMorgan Chase & Co. cut their price objective on shares of Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating on the stock in a report on Wednesday, February 19th. Truist Financial initiated coverage on shares of Expeditors International of Washington in a research note on Thursday, March 13th. They issued a “hold” rating and a $110.00 target price for the company. Stifel Nicolaus cut their price target 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. Finally, Benchmark reiterated a “hold” rating on shares of Expeditors International of Washington in a research note on Wednesday, February 19th. Four equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. According to MarketBeat.com, Expeditors International of Washington currently has a consensus rating of “Hold” and a consensus price target of $115.90.

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.