J. W. Coons Advisors LLC Trims Position in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

J. W. Coons Advisors LLC cut its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,534 shares of the transportation company’s stock after selling 130 shares during the period. J. W. Coons Advisors LLC’s holdings in Expeditors International of Washington were worth $502,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in EXPD. Hara Capital LLC purchased a new position in shares of Expeditors International of Washington during the third quarter valued at approximately $26,000. Bank of Jackson Hole Trust purchased a new position in shares of Expeditors International of Washington during the fourth quarter valued at approximately $39,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Expeditors International of Washington during the third quarter valued at approximately $57,000. Maia Wealth LLC purchased a new position in shares of Expeditors International of Washington during the third quarter valued at approximately $59,000. Finally, Asset Dedication LLC boosted its position in shares of Expeditors International of Washington by 339.9% during the fourth quarter. Asset Dedication LLC now owns 651 shares of the transportation company’s stock valued at $72,000 after purchasing an additional 503 shares in the last quarter. 94.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. UBS Group dropped their price target 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. Benchmark restated a “hold” rating on shares of Expeditors International of Washington in a research report on Wednesday, February 19th. Stifel Nicolaus dropped their price target on Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating on the stock in a research report on Thursday, January 23rd. Bank of America dropped their price target on Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Finally, Barclays lifted 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 Wednesday, November 6th. Four equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. Based on data from MarketBeat, Expeditors International of Washington currently has a consensus rating of “Hold” and an average target price of $116.56.

Expeditors International of Washington Trading Down 0.7 %

Expeditors International of Washington stock opened at $116.44 on Monday. The business’s fifty day simple moving average is $112.54 and its two-hundred day simple moving average is $118.42. Expeditors International of Washington, Inc. has a 12 month low of $108.36 and a 12 month high of $131.59. The company has a market capitalization of $16.30 billion, a price-to-earnings ratio of 20.36, a price-to-earnings-growth ratio of 5.00 and a beta of 0.98.

Insiders Place Their Bets

In other news, Director Robert Paul Carlile sold 3,000 shares of the company’s 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 transaction, the director now directly owns 9,662 shares of the company’s stock, valued at $1,170,164.82. This represents a 23.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.69% of the company’s stock.

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.