Capital Analysts LLC Has $36,000 Stake in FedEx Co. (NYSE:FDX)

Capital Analysts LLC lowered its position in shares of FedEx Co. (NYSE:FDXGet Rating) by 54.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 141 shares of the shipping service provider’s stock after selling 171 shares during the quarter. Capital Analysts LLC’s holdings in FedEx were worth $36,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Quadrant Private Wealth Management LLC raised its holdings in shares of FedEx by 3.3% in the 3rd quarter. Quadrant Private Wealth Management LLC now owns 1,236 shares of the shipping service provider’s stock worth $271,000 after purchasing an additional 40 shares during the period. SOA Wealth Advisors LLC. grew its position in FedEx by 23.8% in the fourth quarter. SOA Wealth Advisors LLC. now owns 213 shares of the shipping service provider’s stock worth $55,000 after acquiring an additional 41 shares in the last quarter. Lincoln National Corp grew its position in FedEx by 0.5% in the fourth quarter. Lincoln National Corp now owns 7,870 shares of the shipping service provider’s stock worth $2,036,000 after acquiring an additional 42 shares in the last quarter. GYL Financial Synergies LLC lifted its stake in FedEx by 2.5% in the fourth quarter. GYL Financial Synergies LLC now owns 1,746 shares of the shipping service provider’s stock worth $452,000 after purchasing an additional 42 shares during the last quarter. Finally, GFG Capital LLC lifted its stake in FedEx by 3.8% in the fourth quarter. GFG Capital LLC now owns 1,214 shares of the shipping service provider’s stock worth $314,000 after purchasing an additional 44 shares during the last quarter. 79.92% of the stock is currently owned by hedge funds and other institutional investors.

Shares of FDX stock opened at $211.29 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.39 and a quick ratio of 1.35. The firm has a market cap of $54.76 billion, a PE ratio of 11.09, a price-to-earnings-growth ratio of 0.84 and a beta of 1.32. The company has a 50-day moving average of $212.50 and a two-hundred day moving average of $232.19. FedEx Co. has a 1-year low of $192.82 and a 1-year high of $319.90.

FedEx (NYSE:FDXGet Rating) last issued its quarterly earnings results on Thursday, March 17th. The shipping service provider reported $4.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.69 by ($0.10). The business had revenue of $23.64 billion for the quarter, compared to analyst estimates of $23.33 billion. FedEx had a return on equity of 20.67% and a net margin of 5.60%. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the prior year, the company posted $3.47 EPS. Sell-side analysts anticipate that FedEx Co. will post 20.56 EPS for the current fiscal year.

In related news, Director Paul S. Walsh sold 3,720 shares of the company’s stock in a transaction on Thursday, April 14th. The shares were sold at an average price of $206.42, for a total value of $767,882.40. Following the completion of the sale, the director now owns 14,000 shares in the company, valued at approximately $2,889,880. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 8.16% of the stock is currently owned by corporate insiders.

FDX has been the subject of several recent analyst reports. Morgan Stanley lowered their price objective on shares of FedEx from $260.00 to $250.00 and set an “equal weight” rating for the company in a research note on Friday, March 18th. Sanford C. Bernstein set a $333.00 price objective on shares of FedEx in a report on Friday, March 11th. Barclays cut their price objective on shares of FedEx from $345.00 to $320.00 in a report on Friday, March 18th. StockNews.com upgraded shares of FedEx from a “buy” rating to a “strong-buy” rating in a report on Friday. Finally, Berenberg Bank set a $330.00 price objective on shares of FedEx in a research report on Tuesday, April 26th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, FedEx presently has an average rating of “Buy” and a consensus target price of $299.55.

About FedEx (Get Rating)

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border e-commerce technology and e-commerce transportation solutions.

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Institutional Ownership by Quarter for FedEx (NYSE:FDX)

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