Sci-tech

Claraphi Advisory Network LLC Takes Position in FedEx Co. (FDX)

The institutional investor held 184,557 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q3, valued at $14.35M, up from 163,497 at the end of the previous reported quarter. The stock increased 0.25% or $0.09 during the last trading session, reaching $36.09. About 7.95 million shares traded or 46.24% up from the average. This represents a $2.00 annualized dividend and a dividend yield of 0.81%. It has underperformed by 12.66% the S&P500.

Edgar Lomax Co decreased its stake in Goldman Sachs Group Com (GS) by 7.73% based on its latest 2017Q3 regulatory filing with the SEC. Armstrong Henry H Associates Inc bought 21,060 shares as the company's stock rose 5.51% with the market. The institutional investor held 28,300 shares of the air freight and delivery services company at the end of 2017Q3, valued at $6.38M, down from 39,400 at the end of the previous reported quarter. Covey Capital Advisors Llc who had been investing in Fedex Corp for a number of months, seems to be less bullish one the $64.46 billion market cap company. About 10.10M shares traded or 116.85% up from the average.

In terms of performance, we can pore into the stats for FedEx Corporation (NYSE:FDX). It has outperformed by 2.32% the S&P500. One investment analyst has rated the stock with a sell rating, two have given a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the stock. Therefore 64% are positive. FedEx had 108 analyst reports since August 14, 2015 according to SRatingsIntel. Cowen & Co maintained FedEx Corporation (NYSE:FDX) on Friday, December 16 with "Outperform" rating. The firm earned "Positive" rating on Thursday, March 30 by Susquehanna. The rating was maintained by Wells Fargo with "Outperform" on Thursday, September 21. They set a "buy" rating and a $270.00 target price on the stock. As per Thursday, March 23, the company rating was upgraded by Credit Suisse. On Monday, February 22 the stock rating was maintained by Stifel Nicolaus with "Buy". The stock of FedEx Corporation (NYSE:FDX) earned "Hold" rating by Stifel Nicolaus on Thursday, January 18. Citigroup lifted their price target on FedEx to $275.00 and gave the company a "buy" rating in a research note on Tuesday, December 12th. BMO Capital Markets maintained the shares of FDX in report on Friday, March 24 with "Outperform" rating. BMO Capital Markets reiterated a "buy" rating and set a $300.00 price objective on shares of FedEx in a research report on Monday, January 8th.

FedEx (NYSE:FDX) last announced its quarterly earnings results on Tuesday, December 19th. The shipping service provider reported $3.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.89 by $0.29. FDX's profit will be $814.39 million for 19.84 P/E if the $3.04 EPS becomes a reality. After $3.18 actual earnings per share reported by FedEx Corporation for the previous quarter, Wall Street now forecasts -4.40% negative EPS growth.

Capital World Investors increased its stake in FedEx by 16.1% during the 2nd quarter. FedEx Co. The company has a current ratio of 1.57, a quick ratio of 1.50 and a debt-to-equity ratio of 0.89.

A number of other large investors have also recently bought and sold shares of FDX. 122 funds opened positions while 336 raised stakes. Investors of record on Monday, March 12th will be given a dividend of $0.50 per share. 204.26 million shares or 4.13% less from 213.05 million shares in 2017Q2 were reported. 424,412 were reported by Rhumbline Advisers. Comml Bank Of Nova Scotia Trust reported 9,066 shares. Texas-based E&G LP has invested 0.23% in FedEx Corporation (NYSE:FDX). Strategic Advisors LLC now owns 2,138 shares of the shipping service provider's stock valued at $465,000 after buying an additional 306 shares during the period. Guardian Life Insur Communication Of America owns 3,083 shares for 0.04% of their portfolio. TEMPLETON RICHARD K sold $43.43 million worth of stock. Opus Group Inc Lc owns 11,993 shares for 0.24% of their portfolio. FedEx's revenue was up 9.4% on a year-over-year basis. research analysts anticipate that FedEx Co. will post 13.45 earnings per share for the current year. Morgan Stanley accumulated 1.42 million shares. American Century Companies Inc. boosted its position in shares of FedEx by 138.0% during the fourth quarter.

Since September 21, 2017, it had 1 insider purchase, and 6 insider sales for $22.29 million activity. (NYSE FDX) traded down $3.37 on Friday, reaching $240.33. BRONCZEK DAVID J sold 46,555 shares worth $11.89M. Colleran Donald F also sold $2.20M worth of FedEx Corporation (NYSE:FDX) shares. The insider Kirwan Jeff sold 1,000 shares worth $29,380. 5,839 shares valued at $192,921 were sold by Hyder Brent on Thursday, February 1. Moreover, Old Mutual Customised Solutions (Proprietary) has 0.15% invested in FedEx Corporation (NYSE:FDX) for 4,900 shares. Sheets Smith Wealth Management has invested 0.39% in FedEx Corporation (NYSE:FDX). Its up 0.22, from 0.9 in 2017Q2. It worsened, as 4 investors sold SBAC shares while 2 reduced holdings. It would take about 0.02 days to cover all short positions. 8,000 were reported by Spark Investment Ltd Co. Brown Advisory Securities Llc holds 0.07% or 1,467 shares. D E Shaw And has invested 0% in FedEx Corporation (NYSE:FDX). Cornerstone Advsr reported 641 shares or 0.1% of all its holdings. Sei Investments Com reported 0.43% stake. Massachusetts Company Ma holds 775,058 shares. It also reduced Spdr Gold Trust (GLD) stake by 9,853 shares and now owns 6,521 shares.

Among 33 analysts covering The Gap Inc. Pennsylvania Tru reported 14,045 shares. Sandy Spring Bank now owns 3,241 shares of the shipping service provider's stock valued at $705,000 after acquiring an additional 147 shares in the last quarter.

Hwg Holdings Lp, which manages about $127.19M US Long portfolio, decreased its stake in Ishares Inc Msci Spancp Etf (EWP) by 18,214 shares to 144,596 shares, valued at $4.88 million in 2017Q3, according to the filing. Thrivent Financial For Lutherans lifted its holdings in FedEx by 3.3% during the 2nd quarter.

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Like this

loading...
loading...

Latest


03 March 2018
Trims Stake in Take-Two Interactive Software Inc (NASDAQ:TTWO)
It has outperformed by 64.53% the S&P500.The move comes after 6 months negative chart setup for the $12.30 billion company. Personal Capital Advisors Corp sold 14,808 shares as the company's stock declined 9.38% while stock markets rallied.

03 March 2018
House rejects sales tax bill to patch budget
The Legislative Black Caucus opposed the sales tax increase because it was temporary and insufficient to wipe out the deficit. The special session must end by Wednesday, but it could end early if Republicans, Democrats and Gov.

03 March 2018
Home Depot Inc (NYSE:HD) Stake Raised by Aureus Asset Management LLC
Following the sale, the executive vice president now owns 53,459 shares of the company's stock, valued at $9,957,273.34. Cetera Advisor Network Ltd Liability Corp has invested 0.39% in The Home Depot, Inc . (NYSE:HD) or 113,687 shares.

03 March 2018
Venkatesh Prasad resigns as chairman of India's Junior national selection committee
While he was instrumental in putting together Under-19 team that won the world cup, he wasn't rewarded for it. His resignation comes nearly a month after India lifted their fourth Under-19 World Cup title.

03 March 2018
Vitamin Shoppe (VSI) Receiving Somewhat Positive Press Coverage, Analysis Shows
The current share price indicates that stock is -34.15% away from its one year high and is moving 71.20% ahead of its 52-week low. The specialty retailer reported ($0.17) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.20) by $0.03.

03 March 2018
Philadelphia company uses Cleveland billboards to beg LeBron James to join 76ers
Talking about the recent NCAA findings, James said that the NCAA is a "corrupt" organization. "Gotta be careful with the cars". If the Eagles' Super Bowl win taught us anything, it's that Philadelphia sports fans are awesome.

03 March 2018
NC Police Officer Shown Beating Man Suspected of Jaywalking
While putting Rush in the back of the police vehicle , Hickman is heard complaining that he 'got blood all over me from his face'. Hickman tells a fellow officer that the alleged jaywalker "just did it again. he's not learning, right after you just told him".

03 March 2018
Brokerages Expect Casella Waste Systems Inc. (CWST) to Announce $0.12 EPS
Continental Advisors Llc increased Tenet Healthcare Corp (NYSE:THC) stake by 142,824 shares to 162,824 valued at $2.68M in 2017Q3. After $0.49 actual EPS reported by Comcast Corporation for the previous quarter, Wall Street now forecasts 22.45% EPS growth.

03 March 2018
International Nubia phones will ditch Nubia UI in favour of stock Android
Rounding out the bottom of the list are Blu and Wiko, both of which are effectively imprints of Shenzhen-based ODM Tinno Mobile . Because of the effects of vertical integration, these phones receive updates immediately from the manufacturer when available.

03 March 2018
Invesco (NYSE:IVZ) Receiving Positive Media Coverage, Report Shows
Finally, Amundi Pioneer Asset Management Inc. boosted its stake in shares of Invesco by 144.5% during the third quarter. HPT's SI was 2.27 million shares in February as released by FINRA. 125,604 are held by First Wilshire Secs Mngmt.