Rehmann Capital Advisory Group now owns 2,021 shares of the shipping service provider's stock valued at $504,000 after buying an additional 318 shares in the last quarter. The institutional investor held 40,432 shares of the real estate investment trusts company at the end of 2017Q4, valued at $2.02 million, up from 10,655 at the end of the previous reported quarter. The stock decreased 0.68% or $0.16 during the last trading session, reaching $23.23. About 65.68 million shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since April 1, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.
Cwm Llc decreased its stake in Fedex Corp (FDX) by 6.06% based on its latest 2017Q4 regulatory filing with the SEC. Forward Management Llc sold 95,100 shares as the company's stock declined 13.34% with the market. Beach Investment Counsel Inc who had been investing in Fedex for a number of months, seems to be bullish on the $64.16B market cap company. The stock increased 2.26% or $5.31 during the last trading session, reaching $240.11. About 1.92 million shares traded.
Among 37 analysts covering FedEx (NYSE:FDX), 26 have Buy rating, 1 Sell and 10 Hold. It has outperformed by 13.90% the S&P500. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-two have issued a buy rating to the company's stock. Therefore 94% are positive. FedEx had 116 analyst reports since August 14, 2015 according to SRatingsIntel. BMO Capital Markets reiterated a "buy" rating and set a $300.00 target price on shares of FedEx in a research note on Monday, January 8th. Cowen & Co has "Buy" rating and $24000 target. The company was upgraded on Tuesday, October 6 by Stifel Nicolaus. Credit Suisse maintained FedEx Corporation (NYSE:FDX) rating on Wednesday, March 21. The firm has "Positive" rating given on Thursday, March 30 by Susquehanna. As per Thursday, March 17, the company rating was maintained by Avondale. Stifel Nicolaus upgraded shares of FedEx from a hold rating to a buy rating and boosted their price target for the company from $284.00 to $295.00 in a research report on Wednesday, March 21st. Citigroup restated a "buy" rating and set a $280.00 price objective on shares of FedEx in a report on Wednesday, December 20th.
Investors sentiment increased to 1.21 in Q4 2017. The company has a quick ratio of 1.37, a current ratio of 1.43 and a debt-to-equity ratio of 0.85.
MML Investors Services LLC grew its stake in shares of FedEx (NYSE:FDX) by 24.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). 137 funds opened positions while 361 raised stakes. The shipping service provider reported $3.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.11 by $0.61. Captrust Fin Advsrs has invested 0.13% in FedEx Corporation (NYSE:FDX). Envestnet Asset Management Inc. grew its stake in shares of FedEx by 38.2% in the 4th quarter.
FedEx (NYSE:FDX) last posted its quarterly earnings data on Tuesday, March 20th. Ami Asset Corporation owns 169,051 shares or 2.91% of their U.S. portfolio. Hanson & Doremus Inv Mgmt has invested 0.14% of its portfolio in FedEx Corporation (NYSE:FDX). Heritage Investors reported 59,235 shares. Tarbox Family Office reported 1,842 shares. Hudson Valley Advisors Inc Adv holds 0.74% of its portfolio in FedEx Corporation (NYSE:FDX) for 11,925 shares. Peak Asset Mngmt Limited Liability Corp invested in 6,900 shares.
Since September 29, 2017, it had 1 insider buy, and 3 selling transactions for $15.22 million activity. Southeastern Asset Management Tn reported 3.32 million shares stake. Moreover, Howard Cap Management has 2.67% invested in FedEx Corporation (NYSE:FDX) for 72,827 shares. Also, COO David J. Bronczek sold 46,555 shares of the firm's stock in a transaction on Tuesday, January 2nd.
In other FedEx news, Director David P. Steiner sold 3,016 shares of the stock in a transaction dated Friday, January 5th. FDX's SI was 4.62 million shares in April as released by FINRA. CP's profit will be $327.81 million for 19.10 P/E if the $2.31 EPS becomes a reality. Therefore 44% are positive. Goldman Sachs downgraded the shares of TCO in report on Wednesday, January 11 to "Neutral" rating. Cowen & Co maintained Canadian Pacific Railway Limited (NYSE:CP) rating on Wednesday, October 21. M&R Capital Mngmt has invested 3.25% in FedEx Corporation (NYSE:FDX). The firm earned "Sector Perform" rating on Wednesday, September 13 by National Bank Canada. The firm earned "Outperform" rating on Thursday, September 17 by Cowen & Co. The stock has "Buy" rating by UBS on Thursday, March 17.
Bokf, which manages about $3.63B US Long portfolio, upped its stake in Intel Corp (NASDAQ:INTC) by 29,904 shares to 428,053 shares, valued at $19.76 million in 2017Q4, according to the filing. It also increased its holding in D R Horton Inc (NYSE:DHI) by 86,166 shares in the quarter, for a total of 1.21 million shares, and has risen its stake in Conocophillips (NYSE:COP).
Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.06, from 1.22 in 2017Q3. It fall, as 75 investors sold CMCSA shares while 544 reduced holdings. 123 funds opened positions while 312 raised stakes. MetLife Investment Advisors LLC bought a new position in shares of FedEx in the 4th quarter worth approximately $19,047,000. Echo Street Cap Management Lc holds 36,549 shares. Fisher Asset Management Limited Liability Corp has 127,150 shares. Bnp Paribas Arbitrage stated it has 24,950 shares or 0% of all its holdings. 10,232 were accumulated by Homrich And Berg. State Of Alaska Department Of Revenue reported 0.07% of its portfolio in Taubman Centers, Inc. Sit Invest Associates Inc holds 0.61% or 102,370 shares. Altrinsic Glob holds 1.36% or 141,632 shares. Centurylink Investment holds 14,864 shares or 0.91% of its portfolio. (NASDAQ:UFPI). Alliancebernstein Ltd Partnership accumulated 0% or 89,025 shares. Lmr Ptnrs Llp has invested 0.04% in Texas Instruments Incorporated (NASDAQ:TXN).
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