LS Investment Advisors LLC lowered its stake in shares of Expeditors International of Washington (NASDAQ:EXPD) by 15.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,315 shares of the transportation company’s stock after selling 4,479 shares during the quarter. LS Investment Advisors LLC’s holdings in Expeditors International of Washington were worth $1,638,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in EXPD. Thrivent Financial For Lutherans grew its position in shares of Expeditors International of Washington by 5.9% during the second quarter. Thrivent Financial For Lutherans now owns 7,274 shares of the transportation company’s stock worth $411,000 after buying an additional 404 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Expeditors International of Washington by 3.0% during the second quarter. Dimensional Fund Advisors LP now owns 613,843 shares of the transportation company’s stock worth $34,668,000 after buying an additional 17,950 shares in the last quarter. QS Investors LLC grew its position in shares of Expeditors International of Washington by 10.9% during the second quarter. QS Investors LLC now owns 9,109 shares of the transportation company’s stock worth $514,000 after buying an additional 896 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Expeditors International of Washington by 25.9% during the second quarter. The Manufacturers Life Insurance Company now owns 267,734 shares of the transportation company’s stock worth $15,122,000 after buying an additional 55,160 shares in the last quarter. Finally, Nomura Holdings Inc. grew its position in shares of Expeditors International of Washington by 197.5% during the second quarter. Nomura Holdings Inc. now owns 20,562 shares of the transportation company’s stock worth $1,161,000 after buying an additional 13,650 shares in the last quarter. 93.26% of the stock is owned by institutional investors and hedge funds.

Expeditors International of Washington (NASDAQ:EXPD) opened at $62.37 on Tuesday. The company has a market cap of $10,772.34, a price-to-earnings ratio of 26.10, a price-to-earnings-growth ratio of 2.79 and a beta of 0.64. Expeditors International of Washington has a 1-year low of $51.96 and a 1-year high of $67.54.

EXPD has been the subject of a number of recent analyst reports. Cowen reissued a “market perform” rating and set a $58.00 price target (up previously from $54.00) on shares of Expeditors International of Washington in a research report on Wednesday, November 8th. Credit Suisse Group raised their price target on shares of Expeditors International of Washington from $51.00 to $56.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 8th. UBS Group raised their price target on shares of Expeditors International of Washington from $48.00 to $56.00 and gave the stock a “sell” rating in a research report on Wednesday, November 8th. Zacks Investment Research raised shares of Expeditors International of Washington from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a report on Thursday, November 9th. Finally, Goldman Sachs Group started coverage on shares of Expeditors International of Washington in a report on Monday, November 13th. They issued a “neutral” rating and a $59.00 price objective for the company. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company’s stock. Expeditors International of Washington presently has an average rating of “Hold” and an average price target of $63.88.

In other Expeditors International of Washington news, insider Eugene K. Alger sold 10,269 shares of Expeditors International of Washington stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $60.40, for a total value of $620,247.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.78% of the company’s stock.

WARNING: “Expeditors International of Washington (EXPD) Stake Decreased by LS Investment Advisors LLC” was published by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States and international copyright laws. The original version of this piece can be accessed at https://www.watchlistnews.com/expeditors-international-of-washington-expd-stake-decreased-by-ls-investment-advisors-llc/1863410.html.

Expeditors International of Washington Company Profile

Expeditors International of Washington, Inc is a logistics company. The Company is a third-party logistics provider, and purchases cargo space from carriers, including airlines and ocean shipping lines on a volume basis and resells that space to its customers. The Company provides a range of customer solutions, such as order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance and customized logistics solutions.

Want to see what other hedge funds are holding EXPD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expeditors International of Washington (NASDAQ:EXPD).

Institutional Ownership by Quarter for Expeditors International of Washington (NASDAQ:EXPD)

Receive News & Ratings for Expeditors International of Washington Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expeditors International of Washington and related companies with MarketBeat.com's FREE daily email newsletter.