Masters Capital Management LLC Increased Stake in Fedex Corp (Call) (FDX)

November 10, 2018 - By Joseph Taylor

FedEx Corporation (NYSE:FDX) Corporate LogoDuring Q2 2018 the big money sentiment increased to 1.11. That’s change of 0.11, from 2018Q1’s 1. 45 investors sold all, 394 reduced holdings as FDX ratio is positive. 385 increased stakes while 104 funds amassed stakes. Funds hold 186.50 million shares thus 3.07% less from 2018Q1’s 192.41 million shares. Thompson Siegel And Walmsley Lc accumulated 0% or 650 shs. Kistler, Alabama-based fund reported 4,645 shs. Portland Advsr Limited Liability Company, Maine-based fund reported 15,618 shs. Ameritas Inv has invested 0.23% of its capital in FedEx Corporation (NYSE:FDX). Kbc Group Incorporated Nv reported 61,120 shs. Ingalls Snyder Limited Liability Company holds 0.1% or 9,838 shs. Moreover, North American Corp has 0.16% invested in FedEx Corporation (NYSE:FDX) for 4,308 shs. 25,527 were reported by Two Sigma Llc. Buckingham Asset Mgmt Limited Liability Company stated it has 0.12% of its capital in FedEx Corporation (NYSE:FDX). 81,828 were reported by Arizona State Retirement System. New England Private Wealth Advsrs Ltd Liability Corp has 0.1% invested in FedEx Corporation (NYSE:FDX) for 1,551 shs. Appleton Prtn Ma invested 0.05% of its capital in FedEx Corporation (NYSE:FDX). British Columbia – Canada-based Numerixs Tech Inc has invested 0.41% in FedEx Corporation (NYSE:FDX). Freestone Cap Lc reported 8,831 shs stake. 8,034 were accumulated by Hartline Inv.

FDX had 1 sale and 0 buys since September 19, 2018. This’s net activity of $281,124.

Masters Capital Management Llc rose its holdings by 94.1% in Fedex Corp (Call) (FDX), according to 2018Q2 SEC form. The company’s stock sank 3.78% while Masters Capital Management Llc bought 470,500 shares. The hedge fund is holding 970,500 shares, compared to the 500,000 from the previous quarter. And the reported value of the air freight and delivery services company is $220.36 million for the 2018Q2. $59.13 billion is Fedex Corp (Call)’s MC. FDX is reaching $224.4 during the last trading session, after decreased 2.18%.FedEx Corporation is uptrending after having risen 17.37% since November 10, 2017. FDX has 1.69M volume or 1.66% up from normal. FDX outperformed the S&P 500 by 1.75%.

A portfolio of $652.61M and $3.55B is managed by Masters Capital Management Llc. As it’s registered in SEC form the stake in General Mtrs Co (Call) (NYSE:GM) is decreased by 1.16 million shares to 2.91M shares. They are valued at $114.63 million in 2018Q2. Masters Capital Management Llc has cut its stake in Ak Stl Hldg Corp (NYSE:AKS) and also reduced its holding in Gilead Sciences Inc (NASDAQ:GILD) by 616,220 shares in the quarter, for a total of 383,780 shares.

For more FedEx Corporation (NYSE:FDX) news announced briefly go to: Benzinga.com, Benzinga.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Today’s Pickup: What Midterm Elections May Mean For Transportation Funding” announced on November 07, 2018, “Manufacturing, Not E-Commerce, Is The Decisive Factor Of International Air Cargo Growth” on November 01, 2018, “The FedEx Sell-Off Has Gone Too Far” with a publish date: October 15, 2018, “FedEx: Waiting On Free Cash Flow” and the last “FedEx: Outlook Remains Favourable” with publication date: October 18, 2018.

FedEx Corporation (NYSE:FDX) Ratings Coverage

In total 7 analysts cover FedEx (NYSE:FDX). “Buy” rating has 6, “Sell” are 0, while 1 are “Hold”. 86% are bullish. 12 are the (NYSE:FDX)’s analyst reports since May 16, 2018 according to StockzIntelligence Inc. On Wednesday, June 20 the stock of FedEx Corporation (NYSE:FDX) earned “Buy” rating by Oppenheimer. On Wednesday, May 16 the rating was maintained by Oppenheimer with “Buy”. In Friday, November 2 report Citigroup maintained the stock with “Buy” rating. On Tuesday, September 18 the firm earned “Outperform” rating by Credit Suisse. On Tuesday, September 18 Robert W. Baird maintained FedEx Corporation (NYSE:FDX) with “Outperform” rating. In Wednesday, June 20 report Credit Suisse maintained the stock with “Outperform” rating. On Tuesday, September 18 the firm has “Buy” rating by Bank of America given. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, September 18. On Wednesday, June 20 the rating was maintained by Morgan Stanley with “Equal-Weight”. The company rating was maintained by Morgan Stanley on Monday, June 4.

FedEx Corporation (NYSE:FDX) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.