(FDX) Shares Sold by Engineers Gate Manager LP

Lloyd Doyle
January 13, 2018

Also, Director David P. Steiner sold 3,016 shares of the company's stock in a transaction on Friday, January 5th. The Central Bank & Trust Co holds 9,144 shares with $2.06M value, down from 11,050 last quarter. The company has market cap of $235.34 million.

In the latest week FedEx Corporation (NYSE:FDX) stock volatility was recorded 1.84% which for the previous full month was noted 1.63%. About 590,759 shares traded. FedEx Corporation (NYSE:FDX) has risen 19.02% since January 11, 2017 and is uptrending. It has outperformed by 2.32% the S&P500. The company has market cap of $239.79 million. The firm has interests in three primary areas, such as the Eagle Ford Shale located in South Texas; the Wolfcamp Shale located in Permian Basin in West Texas; and the Altamont Field located in the Uinta Basin in Northeastern Utah. As of December 31, 2016, it had proved reserves of 432.4 million barrels of oil equivalent and had average net daily production of 87,641 barrel of oil equivalent/per day.

A statistical measure of the dispersion of returns (volatility) for FDX producing salvation in Investors mouth, it has week volatility of 1.84% and for the month booked as 1.63%. Also, the number of hedge funds holding Fedex Corp in their top 10 positions decreased from 51 to 45 for a decrease of 6. The shipping service provider reported $3.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $0.29. Citigroup increased their price objective on shares of FedEx to $275.00 and gave the stock a "buy" rating in a research note on Tuesday, December 12th. State Treasurer State Of Michigan holds 74,912 shares. Wagner Bowman Mgmt Corp holds 0.44% or 7,033 shares. Wellington Shields And Ltd Limited Liability Company invested in 1,350 shares or 0.1% of the stock. Tctc Lc accumulated 9,980 shares or 0.02% of the stock. (NASDAQ:HDNG). Schwab Charles Invest Mngmt, a California-based fund reported 22,800 shares. Mount Vernon Assoc Md owns 950 shares for 0.35% of their portfolio. Dimensional Fund Advisors Ltd Partnership holds 1.42M shares or 0.01% of its portfolio. Of those insider trades, 0 shares of FedEx Corporation were purchased and 257,033 shares were sold. Delphi Mgmt Inc Ma owns 12,525 shares. Randolph stated it has 2.2% in FedEx Corporation (NYSE:FDX). One analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company. Therefore 65% are positive. Global Blood Therapeutics had 8 analyst reports since September 8, 2015 according to SRatingsIntel. JP Morgan initiated the shares of GBT in report on Wednesday, January 4 with "Overweight" rating. Cowen & Co initiated the shares of GBT in report on Tuesday, September 8 with "Outperform" rating. UBS Group upgraded shares of FedEx from a "neutral" rating to a "buy" rating and raised their target price for the stock from $264.00 to $302.00 in a research report on Friday, January 5th. The rating was maintained by Cowen & Co with "Buy" on Monday, August 28. The firm earned "Conviction-Buy" rating on Thursday, September 17 by Goldman Sachs. Stifel Nicolaus maintained the shares of TRN in report on Friday, December 22 with "Buy" rating. The rating was maintained by Jefferies with "Hold" on Friday, October 23. As per Friday, September 18, the company rating was maintained by Susquehanna.

In related news, insider Henry J. Maier sold 11,150 shares of the business's stock in a transaction on Thursday, October 26th.


Trinity Street Asset Management Llp, which manages about $2.01 billion and $780.79 million US Long portfolio, decreased its stake in Owens Ill Inc (NYSE:OI) by 41,444 shares to 1.28 million shares, valued at $32.22M in 2017Q3, according to the filing. It also reduced Abbvie Inc (NYSE:ABBV) stake by 8,828 shares and now owns 33,126 shares.

Among 4 analysts covering Zymeworks (NYSE:ZYME), 4 have Buy rating, 0 Sell and 0 Hold. Shares for $2.20 million were sold by Colleran Donald F on Thursday, September 21. $1.48M worth of FedEx Corporation (NYSE:FDX) was sold by Subramaniam Rajesh on Thursday, September 21. Another trade for 46,555 shares valued at $11.89 million was made by BRONCZEK DAVID J on Tuesday, January 2. Raymond James upgraded FedEx Corporation (NYSE:FDX) on Monday, February 6 to "Outperform" rating.

Ratings analysis reveals 0 of EP Energy's analysts are positive. Rating Scale: 1.0 represent "Strong Buy" and 2.0 signify "Buy" 3.0 while shows "Hold". A simple moving average (SMA) is an mathematical moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. Trinity Industries had 37 analyst reports since September 4, 2015 according to SRatingsIntel. Stifel Nicolaus reiterated a "hold" rating and issued a $221.00 price objective (up previously from $216.00) on shares of FedEx in a research note on Wednesday, September 20th. The rating was maintained by BMO Capital Markets with "Buy" on Wednesday, August 2. Kentucky Retirement Sys holds 15,104 shares or 0.26% of its portfolio. Following the completion of the sale, the director now owns 16,040 shares in the company, valued at approximately $4,267,442. Comparatively, FDX posted earnings of $3.76 per share in the same quarter, a year earlier. The Pennsylvania-based Minerva Advisors Llc has invested 0.25% in the stock. Baker Ellis Asset Management, Oregon-based fund reported 4,750 shares.

The stock decreased 0.69% or $0.15 during the last trading session, reaching $21.5. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of 6.83% from last close price of 268.01 and act as support or resistance of price limit. EP Energy Corporation (EPE) has declined 9.47% since January 12, 2017 and is downtrending.

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