Quarry LP Has $553,000 Stock Holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Quarry LP lifted its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 6,557.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,993 shares of the transportation company’s stock after buying an additional 4,918 shares during the quarter. Quarry LP’s holdings in Expeditors International of Washington were worth $553,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of EXPD. Coppell Advisory Solutions LLC bought a new position in Expeditors International of Washington in the 4th quarter worth $25,000. SRS Capital Advisors Inc. grew its position in shares of Expeditors International of Washington by 431.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 234 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 190 shares during the last quarter. Bank of Jackson Hole Trust bought a new position in shares of Expeditors International of Washington in the fourth quarter worth about $39,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Expeditors International of Washington during the 4th quarter worth about $52,000. Finally, TD Private Client Wealth LLC boosted its stake in Expeditors International of Washington by 41.0% during the 4th quarter. TD Private Client Wealth LLC now owns 488 shares of the transportation company’s stock valued at $54,000 after purchasing an additional 142 shares during the period. 94.02% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, VP Jeffrey F. Dickerman sold 1,250 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $117.54, for a total value of $146,925.00. Following the sale, the vice president now directly owns 7,296 shares in the company, valued at approximately $857,571.84. This represents a 14.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Susquehanna lifted their price target on Expeditors International of Washington from $115.00 to $120.00 and gave the stock a “neutral” rating in a research report on Monday, March 3rd. Truist Financial dropped their target price on shares of Expeditors International of Washington from $110.00 to $105.00 and set a “hold” rating on the stock in a research report on Thursday. Bank of America reduced their price target on shares of Expeditors International of Washington from $129.00 to $120.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Benchmark restated a “hold” rating on shares of Expeditors International of Washington in a research report on Wednesday, February 19th. Finally, UBS Group cut their price objective on shares of Expeditors International of Washington from $130.00 to $128.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. Four research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $115.40.

Expeditors International of Washington Stock Performance

NASDAQ:EXPD opened at $108.37 on Friday. The company has a 50-day moving average of $114.36 and a 200-day moving average of $115.66. Expeditors International of Washington, Inc. has a 52 week low of $100.47 and a 52 week high of $131.59. The company has a market capitalization of $14.93 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 5.00 and a beta of 1.03.

Expeditors International of Washington Company 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.