Massmutual Trust Co. FSB ADV Grows Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Massmutual Trust Co. FSB ADV raised its stake in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD – Get Rating) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,577 shares of the transportation company’s stock after buying an additional 208 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in Expeditors International of Washington were worth $683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Neo Ivy Capital Management lifted its position in shares of Expeditors International of Washington by 7.0% during the third quarter. Neo Ivy Capital Management now owns 1,350 shares of the transportation company’s stock worth $119,000 after purchasing an additional 88 shares during the last quarter. Capital Analysts LLC grew its stake in Expeditors International of Washington by 0.7% in the second quarter. Capital Analysts LLC now owns 13,893 shares of the transportation company’s stock valued at $1,354,000 after purchasing an additional 95 shares during the last quarter. Moloney Securities Asset Management LLC grew its stake in Expeditors International of Washington by 4.3% in the third quarter. Moloney Securities Asset Management LLC now owns 2,613 shares of the transportation company’s stock valued at $231,000 after purchasing an additional 108 shares during the last quarter. Lakeside Advisors INC. grew its stake in Expeditors International of Washington by 0.3% in the second quarter. Lakeside Advisors INC. now owns 37,051 shares of the transportation company’s stock valued at $3,611,000 after purchasing an additional 110 shares during the last quarter. Finally, Wedbush Securities Inc. grew its stake in Expeditors International of Washington by 3.6% in the third quarter. Wedbush Securities Inc. now owns 3,475 shares of the transportation company’s stock valued at $307,000 after purchasing an additional 121 shares during the last quarter. 93.26% of the stock is owned by hedge funds and other institutional investors.

Expeditors International of Washington Trading Down 0.9 %

NASDAQ EXPD opened at $106.43 on Friday. The stock has a market cap of $16.43 billion, a PE ratio of 12.92 and a beta of 1.00. Expeditors International of Washington, Inc. has a twelve month low of $86.08 and a twelve month high of $119.90. The stock has a fifty day simple moving average of $109.40 and a 200-day simple moving average of $104.32.

Wall Street Analyst Weigh In

EXPD has been the topic of a number of research analyst reports. Wells Fargo & Company boosted their price target on Expeditors International of Washington from $95.00 to $100.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 22nd. BNP Paribas began coverage on Expeditors International of Washington in a report on Thursday, December 1st. They set a “neutral” rating and a $107.00 target price for the company. Cowen decreased their price target on Expeditors International of Washington from $122.00 to $108.00 in a report on Friday, January 6th. Morgan Stanley decreased their price target on Expeditors International of Washington from $90.00 to $87.00 and set an “underweight” rating for the company in a report on Monday, February 27th. Finally, StockNews.com initiated coverage on Expeditors International of Washington in a report on Thursday. They issued a “hold” rating for the company. Four equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $100.50.

Insider Buying and Selling

In other Expeditors International of Washington news, CEO Jeffrey S. Musser sold 10,000 shares of the stock in a transaction dated Wednesday, March 8th. The stock was sold at an average price of $109.76, for a total value of $1,097,600.00. Following the sale, the chief executive officer now owns 137,309 shares of the company’s stock, valued at approximately $15,071,035.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.55% of the stock is owned by corporate insiders.

About Expeditors International of Washington

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Expeditors International of Washington, Inc engages in the provision of global logistics services. The firm offers air freight, ocean freight and ocean and customs brokerage and other services. It also provides customer solutions such as order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance and customized logistics solutions.