Economy

Parsec Financial Management Inc. Has $4.45 Million Stake in FedEx Corporation (FDX)

Parsec Financial Management Inc. Has $4.45 Million Stake in FedEx Corporation (FDX)”

RNC Capital Management LLC now owns 1,996 shares of the shipping service provider's stock valued at $434,000 after buying an additional 15 shares in the last quarter. The Beck Mack & Oliver Llc holds 108,178 shares with $20.14M value, down from 110,973 last quarter. Charlemagne Capital Ltd bought 34,287 shares as the company's stock rose 10.03% with the market. About 14,066 shares traded. Vipshop Holdings Ltd - ADR (NYSE:VIPS) has risen 27.19% since September 15, 2016 and is uptrending. It has outperformed by 40.70% the S&P500. Zacks Investment Research cut shares of FedEx Corporation from a "hold" rating to a "sell" rating in a research report on Tuesday, January 10th. WFG Advisors LP now owns 5,712 shares of the shipping service provider's stock valued at $1,241,000 after buying an additional 446 shares in the last quarter. Fedex Corp now has $57.80 billion valuation. Deprince Race & Zollo Inc acquired 54,494 shares as Philip Morris Intl Inc (PM)'s stock rose 10.69%.

About 500,478 shares traded.

Investors sentiment increased to 1.31 in Q4 2016. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.83%. 23 funds opened positions while 58 raised stakes. 136.92 million shares or 0.17% more from 136.68 million shares in 2016Q3 were reported. Fisher Asset Management Llc reported 0.01% stake. Michigan-based Dillon And Associate has invested 0.35% in Philip Morris International Inc. Mutual Of America Capital Limited Liability, a New York-based fund reported 43,190 shares. The stock of Jabil Inc (NYSE:JBL) has "Hold" rating given on Thursday, September 22 by Deutsche Bank. (NASDAQ:IRWD) or 772,369 shares. The company has market cap of $2.07 billion. The stock had a trading volume of 1,811,568 shares. Sheets Smith Wealth Mngmt owns 6,464 shares. State Board Of Administration Of Florida Retirement Systems holds 0.21% or 370,020 shares in its portfolio. William Harris Inc holds 0.09% of its portfolio in Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) for 19,662 shares. State Common Retirement Fund holds 0% or 137,100 shares. Todd Asset Mgmt Limited Liability Corporation holds 0.26% or 46,397 shares in its portfolio. (NASDAQ:IRWD). Blackrock has invested 0% of its portfolio in Ironwood Pharmaceuticals, Inc. The shipping service provider reported $4.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.88 by $0.37. On Monday, May 15 MCCOURT Thomas A sold $546,000 worth of Ironwood Pharmaceuticals, Inc. Shares for $56,896 were sold by OLANOFF LAWRENCE S. Currie Mark G sold $1.02 million worth of stock. It also upped Shire Plc (NASDAQ:SHPG) stake by 135,562 shares and now owns 388,981 shares. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and twenty-one have assigned a buy rating to the company. Therefore 53% are positive. Ironwood Pharmaceuticals had 29 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, August 14, the company rating was maintained by Citigroup. SunTrust maintained The GEO Group Inc (NYSE:GEO) rating on Thursday, September 1. (NASDAQ:IRWD) rating on Friday, February 19. The stock of Great Canadian Gaming Corp (TSE:GC) earned "Buy" rating by Cormark Securities on Wednesday, November 9. The firm has "Buy" rating given on Wednesday, June 21 by Stephens. The stock of Vipshop Holdings Ltd - ADR (NYSE:VIPS) earned "Underweight" rating by Morgan Stanley on Thursday, December 17. Canaccord Genuity has "Buy" rating and $31 target. SunTrust has "Buy" rating and $32 target.

Since March 23, 2017, it had 0 insider buys, and 6 selling transactions for $37.35 million activity. Also, CEO David L. Cunningham, Jr. sold 17,565 shares of FedEx Corporation stock in a transaction on Thursday, June 22nd.

Yesterday Fedex Corporation (NYSE:FDX) traded -0.26% lower at $214.48. Oppenheimer maintained FedEx Corporation (NYSE:FDX) on Thursday, September 17 with "Outperform" rating.

FedEx Corporation (NYSE:FDX) last announced its quarterly earnings data on Tuesday, June 20th. Therefore 59% are positive. FedEx had 76 analyst reports since August 14, 2015 according to SRatingsIntel. The firm earned "Overweight" rating on Wednesday, May 4 by Barclays Capital. The stock of FedEx Corporation (NYSE:FDX) has "Buy" rating given on Friday, June 3 by UBS. The rating was maintained by Canaccord Genuity on Monday, December 12 with "Buy". Stifel Nicolaus downgraded the shares of FDX in report on Tuesday, November 15 to "Hold" rating. UBS upgraded the shares of JBL in report on Wednesday, September 21 to "Buy" rating. The stock was sold at an average price of $208.14, for a total value of $459,573.12. It also reduced Cisco Sys Inc (NASDAQ:CSCO) stake by 105,433 shares and now owns 90,000 shares. Ishares Russell 2000 Etf (IWM) was raised too. Its down 0.02, from 1.03 in 2016Q3. It dropped, as 62 investors sold FDX shares while 367 reduced holdings. Roberts Glore & Il reported 1,905 shares. 400 were accumulated by Markston Limited Liability. On Thursday, March 23 DUCKER MICHAEL L sold $2.50M worth of FedEx Corporation (NYSE:FDX) or 12,899 shares. Jones Finance Cos Lllp has invested 0% in FedEx Corporation (NYSE:FDX). Invest House Llc reported 55,977 shares. (NYSE:PM) or 1,390 shares.

FedEx Corporation provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. The Tennessee-based Woodmont Counsel Ltd Liability Co has invested 0.17% in FedEx Corporation (NYSE:FDX). The SI to Biocept Incorporated's float is 25.87%. Stockholders of record on Monday, September 11th will be given a dividend of $0.50 per share.



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