Vanguard Personalized Indexing Management LLC Has $3.17 Million Position in Expeditors International of Washington, Inc. $EXPD

Vanguard Personalized Indexing Management LLC reduced its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 8.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,686 shares of the transportation company’s stock after selling 2,431 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Expeditors International of Washington were worth $3,165,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in EXPD. Boston Partners boosted its position in Expeditors International of Washington by 13.1% during the 1st quarter. Boston Partners now owns 4,295,924 shares of the transportation company’s stock worth $516,385,000 after buying an additional 498,212 shares during the period. Invesco Ltd. boosted its position in Expeditors International of Washington by 23.4% during the 1st quarter. Invesco Ltd. now owns 3,039,899 shares of the transportation company’s stock worth $365,548,000 after buying an additional 576,468 shares during the period. Baird Financial Group Inc. boosted its position in Expeditors International of Washington by 4.8% during the 1st quarter. Baird Financial Group Inc. now owns 1,845,102 shares of the transportation company’s stock worth $221,874,000 after buying an additional 84,556 shares during the period. Marshfield Associates boosted its position in Expeditors International of Washington by 0.8% during the 1st quarter. Marshfield Associates now owns 1,841,746 shares of the transportation company’s stock worth $221,470,000 after buying an additional 14,127 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Expeditors International of Washington by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,359,561 shares of the transportation company’s stock worth $163,476,000 after buying an additional 36,312 shares during the period. Institutional investors own 94.02% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on EXPD. Barclays lifted their target price on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the stock an “underweight” rating in a research report on Thursday, September 11th. Baird R W upgraded shares of Expeditors International of Washington to a “hold” rating in a report on Tuesday, July 1st. Robert W. Baird started coverage on shares of Expeditors International of Washington in a report on Tuesday, July 1st. They set a “neutral” rating and a $124.00 price target for the company. JPMorgan Chase & Co. raised their price target on shares of Expeditors International of Washington from $105.00 to $107.00 and gave the stock an “underweight” rating in a report on Tuesday, July 8th. Finally, Truist Financial raised their price target on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the stock a “hold” rating in a report on Monday, June 30th. Seven research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Expeditors International of Washington presently has an average rating of “Reduce” and a consensus price target of $114.44.

Insider Activity at Expeditors International of Washington

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

Expeditors International of Washington Stock Up 3.1%

Shares of EXPD stock opened at $117.49 on Wednesday. The company has a market cap of $15.95 billion, a price-to-earnings ratio of 20.54, a price-to-earnings-growth ratio of 5.00 and a beta of 1.09. Expeditors International of Washington, Inc. has a 52 week low of $100.47 and a 52 week high of $129.15. The firm has a 50 day moving average of $120.75 and a 200-day moving average of $115.65.

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.