Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Has $882,000 Stock Position in Expeditors International of Washington, Inc. $EXPD

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group decreased its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 20.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,723 shares of the transportation company’s stock after selling 2,025 shares during the period. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings in Expeditors International of Washington were worth $882,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Zions Bancorporation National Association UT acquired a new stake in shares of Expeditors International of Washington in the first quarter worth $30,000. Ransom Advisory Ltd acquired a new stake in shares of Expeditors International of Washington in the first quarter worth $41,000. Twin Tree Management LP acquired a new stake in shares of Expeditors International of Washington in the first quarter worth $42,000. Carderock Capital Management Inc. acquired a new stake in shares of Expeditors International of Washington in the second quarter worth $46,000. Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of Expeditors International of Washington by 827.3% in the second quarter. Caitong International Asset Management Co. Ltd now owns 408 shares of the transportation company’s stock worth $47,000 after acquiring an additional 364 shares during the last quarter. Institutional investors and hedge funds own 94.02% of the company’s stock.

Analyst Ratings Changes

EXPD has been the topic of several research analyst reports. Baird R W upgraded shares of Expeditors International of Washington to a “hold” rating in a research note on Tuesday, July 1st. Robert W. Baird began coverage on shares of Expeditors International of Washington in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $124.00 price objective on the stock. Truist Financial lifted 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 research note on Monday, June 30th. Bank of America downgraded shares of Expeditors International of Washington from a “neutral” rating to an “underperform” rating and lifted their price target for the stock from $117.00 to $118.00 in a research note on Friday, July 11th. Finally, UBS Group lifted their price target on shares of Expeditors International of Washington from $117.00 to $120.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Seven equities research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $114.44.

Insider Activity

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 1,470 shares of Expeditors International of Washington stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $118.05, for a total transaction of $173,533.50. Following the completion of the transaction, the vice president directly owned 7,651 shares of the company’s stock, valued at approximately $903,200.55. This trade represents a 16.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.69% of the company’s stock.

Expeditors International of Washington Price Performance

EXPD opened at $117.73 on Monday. Expeditors International of Washington, Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $129.15. The firm’s fifty day moving average price is $120.72 and its two-hundred day moving average price is $116.08. The company has a market capitalization of $15.98 billion, a P/E ratio of 20.58, a P/E/G ratio of 5.00 and a beta of 1.09.

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.