KCS Wealth Advisory Buys New Position in FedEx Co. (FDX)

Mae Love
January 13, 2018

Another trade for 14,964 shares valued at $3.38M was sold by DUCKER MICHAEL L. Another trade for 6,750 shares valued at $1.48 million was sold by Subramaniam Rajesh. Ksa Capital Management Llc who had been investing in Kohls Corp (Call) for a number of months, seems to be bullish on the $10.27B market cap company.

The stock decreased 0.69% or $0.15 during the last trading session, reaching $21.5. The institutional investor owned 326,116 shares of the shipping service provider's stock after selling 15,921 shares during the quarter.

Gfs Advisors Llc decreased its stake in Fedex Corp (FDX) by 64.28% based on its latest 2017Q3 regulatory filing with the SEC. The Chilton Investment Co Llc holds 305,971 shares with $69.02 million value, down from 313,260 last quarter. The company has market cap of $72.32 billion. The stock's 52-week range is $182.89 to $271.39, and its 3-month range is $214.17 to $271.39. RNC Capital Management LLC now owns 1,996 shares of the shipping service provider's stock valued at $434,000 after purchasing an additional 15 shares during the period. During the key period of last 5 years, FedEx Corporation (NYSE:FDX) sales have annually surged 7.20% on average, however its earnings per share growth remained at 11.60%. It has outperformed by 2.32% the S&P500.

Among 37 analysts covering FedEx (NYSE:FDX), 24 have Buy rating, 1 Sell and 12 Hold.

Ratings analysis reveals 65% of FedEx's analysts are positive. FedEx had 105 analyst reports since August 14, 2015 according to SRatingsIntel. The stock has "Sector Perform" rating by RBC Capital Markets on Thursday, September 17. Stifel Nicolaus initiated the stock with "Hold" rating in Thursday, April 13 report. The stock has "Buy" rating by Empire on Friday, June 17. Robert W. Baird reaffirmed a "buy" rating and set a $280.00 price objective on shares of FedEx in a report on Tuesday. Citigroup reaffirmed a "buy" rating and set a $235.00 price objective on shares of FedEx in a report on Thursday, September 14th. Finally, Zacks Investment Research upgraded FedEx from a "hold" rating to a "buy" rating and set a $297.00 price target on the stock in a report on Friday, January 5th. Cowen & Co maintained the stock with "Buy" rating in Wednesday, December 13 report. On Friday, October 27 the stock rating was maintained by BMO Capital Markets with "Buy". The firm has "Buy" rating given on Wednesday, January 20 by Standpoint Research.

Investors sentiment increased to 1.07 in Q3 2017. The company has a quick ratio of 1.50, a current ratio of 1.57 and a debt-to-equity ratio of 0.89. It increased, as 49 investors sold FDX shares while 378 reduced holdings.

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The most recent non open market insider trade was completed by BARKSDALE JAMES L on 01/04/2018, and was a disposition of 11,800 shares with a final price of $0. The hedge funds in our partner's database now have: 199.84 million shares, down from 200.09 million shares in 2017Q2. Whittier Tru stated it has 4,685 shares. Comparatively, FDX posted earnings of $3.76 per share in the same quarter, a year earlier.

FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. Kennedy Cap Mgmt holds 291,582 shares. Stifel Nicolaus maintained FedEx Corporation (NYSE:FDX) on Thursday, June 2 with "Buy" rating. Dillon & reported 7,937 shares. Lodestar Invest Counsel Ltd Liability Co Il has invested 0.19% in FedEx Corporation (NYSE:FDX). Oppenheimer & Close Llc owns 83,900 shares or 1.61% of their USA portfolio. Investors of record on Monday, December 11th were issued a dividend of $0.50 per share. The Return on Investment (ROI) ratio of FedEx Corporation (FDX) is 11.1 percent. Krilogy Financial LLC grew its holdings in shares of FedEx by 0.4% in the second quarter. Bnp Paribas Asset Management Holdings stated it has 0.22% in FedEx Corporation (NYSE:FDX). Stryker Corp Com (NYSE:SYK) was raised too. High Falls Advisors Inc now owns 1,124 shares of the shipping service provider's stock valued at $244,000 after purchasing an additional 23 shares during the period.

Since September 21, 2017, it had 0 insider purchases, and 6 sales for $22.31 million activity. 10,000 shares valued at $2.20 million were sold by Colleran Donald F on Thursday, September 21. $802,405 worth of FedEx Corporation (NYSE:FDX) was sold by STEINER DAVID P. Another trade for 11,150 shares valued at $2.55M was sold by Maier Henry J. Shares for $11.89 million were sold by BRONCZEK DAVID J on Tuesday, January 2.

Investors sentiment increased to 1.1 in Q3 2017. Its up 0.08, from 0.86 in 2017Q2. 15 funds opened positions while 43 raised stakes. 175.28 million shares or 0.56% less from 176.27 million shares in 2017Q2 were reported. Jennison Assocs Ltd Liability invested in 2.50 million shares or 0.58% of the stock. The SI to Fedex Corporation's float is 1.38%. Citizens And Northern owns 29,769 shares. Norinchukin Bancorporation The holds 30,896 shares or 0.13% of its portfolio. Metropolitan Life holds 18,032 shares or 0% of its portfolio.

Glacier Peak Capital Llc holds 8.08% of its portfolio in Eagle Bancorp Montana, Inc. for 383,902 shares. Cullen Frost Bankers Incorporated holds 0.79% of its portfolio in Weyerhaeuser Company (NYSE:WY) for 705,259 shares. Kcm Advsrs Ltd Liability Corporation accumulated 16,131 shares. National Bank & Trust Of America Corp De has invested 0% of its portfolio in Hardinge Inc. Company insiders own 8.45% of the company's stock. During the same quarter in the previous year, the company posted $2.80 EPS. research analysts forecast that FedEx Co. will post 13.03 earnings per share for the current fiscal year.

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