Economy

FedEx's (NYSE:FDX) "Buy" Rating Reaffirmed at Robert W. Baird

FedEx's (NYSE:FDX)

Paragon Capital Management Llc sold 2,405 shares as the company's stock declined 2.24% while stock markets rallied. 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. Granite Investment Partners Llc who had been investing in Lockheed Martin Corp for a number of months, seems to be bullish on the $98.89 billion market cap company. The stock decreased 0.09% or $0.07 during the last trading session, reaching $82.25. About 917,360 shares traded or 5.01% up from the average. It has underperformed by 16.70% the S&P500. Mrj Capital Inc sold 31,550 shares as the company's stock declined 19.98% while stock markets rallied. Glg Llc who had been investing in Fedex Corp for a number of months, seems to be bullish on the $72.02 billion market cap company.

FedEx (NYSE:FDX) traded up $0.81 on Thursday, hitting $268.85. Following the transaction, the chief operating officer now owns 48,562 shares in the company, valued at approximately $12,407,105.38.

FedEx (NYSE:FDX) last released its quarterly earnings results on Tuesday, December 19th. It has outperformed by 2.32% the S&P500. (NYSE:GPN), 30 have Buy rating, 1 Sell and 6 Hold. Therefore 57% are positive. VEREIT Inc had 7 analyst reports since September 1, 2015 according to SRatingsIntel. Credit Suisse Group restated an outperform rating and set a $233.00 target price (down from $242.00) on shares of FedEx in a research report on Friday, September 15th. Adirondack Tru, a New York-based fund reported 647 shares. The firm has "Buy" rating given on Wednesday, January 10 by Keefe Bruyette & Woods. KeyCorp upgraded the stock to "Overweight" rating in Wednesday, April 26 report. The firm has "Hold" rating given on Thursday, January 18 by Stifel Nicolaus. Stifel Nicolaus maintained FedEx Corporation (NYSE:FDX) rating on Monday, August 14. Raymond James downgraded the shares of FDX in report on Monday, December 14 to "Mkt Perform" rating. The rating was downgraded by Stifel Nicolaus to "Hold" on Tuesday, November 15. The firm earned "Conviction-Buy" rating on Thursday, September 17 by Goldman Sachs. On Friday, October 27 the stock rating was maintained by Northland Capital with "Hold". They set a "buy" rating and a $270.00 price target on the stock. 2,183 are owned by Alps Advsr. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.57 and a quick ratio of 1.50. Jackson Square Ltd Liability Corp reported 2.86M shares or 3.13% of all its holdings. 1,248 were accumulated by Acg Wealth. Its down 0.27% from 23.09M shares previously. Vanguard Group Inc. now owns 18,490,065 shares of the shipping service provider's stock valued at $4,018,446,000 after buying an additional 492,840 shares in the last quarter. 230,023 are owned by Public Employees Retirement Association Of Colorado. Lord Abbett And Limited Liability Company has invested 0.08% in Global Payments Inc. Benjamin F Edwards And holds 0.03% or 1,262 shares in its portfolio. Investors of record on Monday, December 11th were issued a $0.50 dividend. Hodges Cap stated it has 16,205 shares or 0.25% of all its holdings. Liberty Mutual Group Inc Asset Mgmt Inc reported 0.11% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Putnam Ltd Liability Com reported 0.04% stake. 56,023 were accumulated by Brandywine Glob Mgmt Ltd Com. 272.94 million shares or 3.67% less from 283.35 million shares in 2017Q2 were reported.

First Interstate Bank, which manages about $465.11 million US Long portfolio, upped its stake in Walt Disney Co/The (NYSE:DIS) by 9,350 shares to 119,447 shares, valued at $11.77 million in 2017Q3, according to the filing. It also reduced its holding in Quintiles Ims Holdings Inc (NYSE:Q) by 5,836 shares in the quarter, leaving it with 8,812 shares, and cut its stake in Noble Energy Inc (NYSE:NBL).

Woman critically injured in 5 auto crash on QEW in Mississauga dies
A pickup truck slammed into the back of a Toyota that was carrying three people, two women and a male driver. One of the women died of her injuries after arriving at hospital.

Investors sentiment increased to 1.07 in 2017 Q3. Its up 0.06, from 1.01 in 2017Q2. It increased, as 26 investors sold GPN shares while 139 reduced holdings. 122 funds opened positions while 336 raised stakes. The shipping service provider reported $3.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.89 by $0.29. Barr E S And holds 0.03% of its portfolio in FedEx Corporation (NYSE:FDX) for 1,200 shares. City Co owns 420 shares for 0.03% of their portfolio. Bancshares stated it has 14,990 shares or 0.38% of all its holdings. North Amer Mngmt accumulated 4,308 shares. $2.20M worth of FedEx Corporation (NYSE:FDX) shares were sold by Colleran Donald F. The insider DUCKER MICHAEL L sold $3.38 million. Torch Wealth Limited Com invested in 9,520 shares. Timber Hill Limited Com has 3,279 shares for 0.07% of their portfolio. Amalgamated Comml Bank accumulated 29,847 shares. 13,797 are held by Cambridge Invest Rech Advisors. State Treasurer State Of Michigan invested in 0.05% or 68,164 shares. Piedmont Investment Advisors Lc holds 53,416 shares.

Since September 21, 2017, it had 0 buys, and 6 insider sales for $22.31 million activity. Asset Management holds 25,175 shares or 0.19% of its portfolio. $802,405 worth of FedEx Corporation (NYSE:FDX) shares were sold by STEINER DAVID P. 6,750 shares were sold by Subramaniam Rajesh, worth $1.48M on Thursday, September 21. SILBERSTEIN ALAN M sold 600 shares worth $56,244. One analyst has rated the stock with a sell rating, three have given a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating to the company. Therefore 89% are positive. Viacom Inc. had 123 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was initiated by Morgan Stanley with "Equal-Weight" on Tuesday, February 23. JPMorgan Chase & Co. lifted their price target on shares of FedEx from $237.00 to $264.00 and gave the stock an "overweight" rating in a research note on Thursday, October 12th. The rating was maintained by Robert W. Baird with "Buy" on Wednesday, December 20. Stephens set a $306.00 price target on shares of FedEx and gave the stock a "buy" rating in a research note on Wednesday, December 20th.

FedEx (NYSE:FDX) last released its quarterly earnings results on Tuesday, December 19th. As per Friday, March 24, the company rating was maintained by BMO Capital Markets.


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