Unigestion Holding SA Sells 21,810 Shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Unigestion Holding SA cut its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 21.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,529 shares of the transportation company’s stock after selling 21,810 shares during the quarter. Unigestion Holding SA owned 0.06% of Expeditors International of Washington worth $9,029,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Manchester Capital Management LLC raised its stake in Expeditors International of Washington by 3.5% during the 4th quarter. Manchester Capital Management LLC now owns 3,032 shares of the transportation company’s stock valued at $336,000 after buying an additional 103 shares during the last quarter. Chapman Investment Management LLC increased its position in Expeditors International of Washington by 0.6% during the fourth quarter. Chapman Investment Management LLC now owns 18,967 shares of the transportation company’s stock valued at $2,101,000 after acquiring an additional 112 shares during the last quarter. OLD National Bancorp IN lifted its holdings in Expeditors International of Washington by 5.3% in the fourth quarter. OLD National Bancorp IN now owns 2,234 shares of the transportation company’s stock valued at $247,000 after acquiring an additional 113 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its position in Expeditors International of Washington by 17.2% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 778 shares of the transportation company’s stock worth $86,000 after purchasing an additional 114 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Expeditors International of Washington by 1.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 7,436 shares of the transportation company’s stock valued at $824,000 after purchasing an additional 125 shares during the period. 94.02% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, VP Jeffrey F. Dickerman sold 1,250 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $117.54, for a total value of $146,925.00. Following the sale, the vice president now owns 7,296 shares in the company, valued at approximately $857,571.84. The trade was a 14.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.69% of the stock is owned by company insiders.

Expeditors International of Washington Stock Down 1.5 %

Shares of EXPD stock opened at $109.00 on Friday. The stock has a market cap of $15.02 billion, a P/E ratio of 19.06, a PEG ratio of 5.00 and a beta of 1.03. The company’s fifty day simple moving average is $116.22 and its two-hundred day simple moving average is $117.67. Expeditors International of Washington, Inc. has a 52 week low of $107.17 and a 52 week high of $131.59.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on EXPD shares. StockNews.com downgraded shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Sunday, February 16th. 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 for the company in a research report on Wednesday, February 19th. Truist Financial began coverage on Expeditors International of Washington in a research report on Thursday, March 13th. They set a “hold” rating and a $110.00 target price on the stock. Bank of America reduced their price target 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. Finally, Stifel Nicolaus lowered their price objective 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. Four analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $115.90.

Expeditors International of Washington Company 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.