Banco Bilbao Vizcaya Argentaria S.A. Has $319,000 Stock Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Banco Bilbao Vizcaya Argentaria S.A. decreased its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 89.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,881 shares of the transportation company’s stock after selling 24,510 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Expeditors International of Washington were worth $319,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EXPD. Barclays PLC lifted its position in Expeditors International of Washington by 2.4% during the 3rd quarter. Barclays PLC now owns 571,548 shares of the transportation company’s stock worth $75,099,000 after buying an additional 13,479 shares in the last quarter. SkyView Investment Advisors LLC lifted its position in Expeditors International of Washington by 5.4% during the 3rd quarter. SkyView Investment Advisors LLC now owns 5,421 shares of the transportation company’s stock worth $712,000 after buying an additional 277 shares in the last quarter. World Investment Advisors LLC acquired a new position in Expeditors International of Washington during the 3rd quarter worth about $222,000. Wilmington Savings Fund Society FSB acquired a new position in Expeditors International of Washington during the 3rd quarter worth about $57,000. Finally, Synovus Financial Corp lifted its position in Expeditors International of Washington by 98.2% during the 3rd quarter. Synovus Financial Corp now owns 6,975 shares of the transportation company’s stock worth $917,000 after buying an additional 3,456 shares in the last quarter. Institutional investors and hedge funds own 94.02% of the company’s stock.

Insider Buying and Selling at Expeditors International of Washington

In related news, VP Jeffrey F. Dickerman sold 1,250 shares of the firm’s stock in a transaction 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 sale, the vice president now directly owns 7,296 shares in the company, valued at $857,571.84. This trade represents a 14.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.69% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on EXPD. Benchmark reissued a “hold” rating on shares of Expeditors International of Washington in a report on Wednesday, February 19th. StockNews.com cut Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Sunday, February 16th. Susquehanna boosted their price objective on Expeditors International of Washington from $115.00 to $120.00 and gave the stock a “neutral” rating in a report on Monday, March 3rd. JPMorgan Chase & Co. dropped their price objective on Expeditors International of Washington from $114.00 to $108.00 and set an “underweight” rating for the company in a report on Wednesday, February 19th. Finally, Stifel Nicolaus dropped their price objective on Expeditors International of Washington from $122.00 to $117.00 and set a “hold” rating for the company in a report on Thursday, January 23rd. Four research analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $115.40.

Expeditors International of Washington Stock Performance

Shares of EXPD opened at $108.45 on Wednesday. The stock has a 50 day simple moving average of $114.03 and a 200 day simple moving average of $115.47. Expeditors International of Washington, Inc. has a 52-week low of $100.47 and a 52-week high of $131.59. The firm has a market capitalization of $14.94 billion, a PE ratio of 18.96, a P/E/G ratio of 5.00 and a beta of 1.03.

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.