As Fedex Corp. (FDX) Shares Declined, Holder Foster & Motley Has Trimmed Position; Css Inds (CSS) Stock Value Declined While Euclidean Technologies Management Raised Stake

January 14, 2018 - By Vivian Park

Euclidean Technologies Management Llc increased its stake in Css Inds Inc (CSS) by 69.4% based on its latest 2017Q3 regulatory filing with the SEC. Euclidean Technologies Management Llc bought 27,230 shares as the company’s stock declined 2.61% while stock markets rallied. The hedge fund held 66,465 shares of the consumer services company at the end of 2017Q3, valued at $1.92M, up from 39,235 at the end of the previous reported quarter. Euclidean Technologies Management Llc who had been investing in Css Inds Inc for a number of months, seems to be bullish on the $252.85M market cap company. The stock decreased 0.89% or $0.25 during the last trading session, reaching $27.75. About 36,473 shares traded. CSS Industries, Inc. (NYSE:CSS) has declined 5.69% since January 14, 2017 and is downtrending. It has underperformed by 22.39% the S&P500.

Foster & Motley Inc decreased its stake in Fedex Corp. (FDX) by 45.35% based on its latest 2017Q3 regulatory filing with the SEC. Foster & Motley Inc sold 9,863 shares as the company’s stock declined 2.24% while stock markets rallied. The institutional investor held 11,888 shares of the air freight and delivery services company at the end of 2017Q3, valued at $2.68M, down from 21,751 at the end of the previous reported quarter. Foster & Motley Inc who had been investing in Fedex Corp. for a number of months, seems to be less bullish one the $72.83 billion market cap company. The stock increased 0.24% or $0.66 during the last trading session, reaching $271.85. About 1.34 million shares traded. FedEx Corporation (NYSE:FDX) has risen 19.02% since January 14, 2017 and is uptrending. It has outperformed by 2.32% the S&P500.

Foster & Motley Inc, which manages about $913.18 million and $581.06M US Long portfolio, upped its stake in Edison Intl. (Sce) (NYSE:EIX) by 4,826 shares to 16,497 shares, valued at $1.27 million in 2017Q3, according to the filing. It also increased its holding in Vanguard Interm (VGIT) by 8,864 shares in the quarter, for a total of 72,222 shares, and has risen its stake in C V S Caremark Corp. (NYSE:CVS).

Since September 21, 2017, it had 0 buys, and 6 insider sales for $22.31 million activity. $11.89M worth of stock was sold by BRONCZEK DAVID J on Tuesday, January 2. On Thursday, September 21 Colleran Donald F sold $2.20 million worth of FedEx Corporation (NYSE:FDX) or 10,000 shares. $1.48 million worth of stock was sold by Subramaniam Rajesh on Thursday, September 21. $802,405 worth of FedEx Corporation (NYSE:FDX) was sold by STEINER DAVID P. DUCKER MICHAEL L also sold $3.38M worth of FedEx Corporation (NYSE:FDX) shares.

Among 37 analysts covering FedEx (NYSE:FDX), 24 have Buy rating, 1 Sell and 12 Hold. Therefore 65% are positive. FedEx had 105 analyst reports since August 14, 2015 according to SRatingsIntel. The firm earned “Mkt Perform” rating on Monday, December 14 by Raymond James. The rating was downgraded by Zacks to “Hold” on Monday, August 24. The firm has “Outperform” rating by Cowen & Co given on Thursday, March 23. The company was maintained on Tuesday, March 15 by Credit Suisse. UBS maintained the shares of FDX in report on Friday, June 3 with “Buy” rating. UBS upgraded FedEx Corporation (NYSE:FDX) on Friday, January 5 to “Buy” rating. The company was maintained on Thursday, May 19 by Citigroup. The firm has “Buy” rating by Deutsche Bank given on Wednesday, November 2. The firm has “Buy” rating by Cowen & Co given on Tuesday, August 8. The stock of FedEx Corporation (NYSE:FDX) has “Sell” rating given on Monday, September 7 by Zacks.

Investors sentiment increased to 1.07 in Q3 2017. Its up 0.06, from 1.01 in 2017Q2. It increased, as 49 investors sold FDX shares while 378 reduced holdings. 122 funds opened positions while 336 raised stakes. 199.84 million shares or 0.13% less from 200.09 million shares in 2017Q2 were reported. Castleark Management Limited Liability Corporation, Illinois-based fund reported 100,364 shares. Raymond James Trust Na has invested 0.11% of its portfolio in FedEx Corporation (NYSE:FDX). Putnam Fl Invest has 7,388 shares for 0.16% of their portfolio. 1,262 are owned by Benjamin F Edwards &. Retirement Sys Of Alabama has invested 0.29% in FedEx Corporation (NYSE:FDX). Goldman Sachs Group Inc holds 0.11% or 1.98 million shares. Violich Mngmt has invested 0.08% in FedEx Corporation (NYSE:FDX). Gfs Advsr Limited Liability Co has 1,556 shares. Nippon Life Insur invested 0.04% of its portfolio in FedEx Corporation (NYSE:FDX). 127,721 are owned by Metropolitan Life Com Ny. Evercore Wealth Mgmt Limited Liability Co has invested 0.02% in FedEx Corporation (NYSE:FDX). Murphy Capital Mgmt holds 0.6% of its portfolio in FedEx Corporation (NYSE:FDX) for 18,594 shares. Smith Moore & reported 1,756 shares. 38,273 were accumulated by Malaga Cove Capital Limited Liability. Whalerock Point Ptnrs Limited Liability Corp invested in 1,890 shares or 0.15% of the stock.

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