Fedex Com (FDX) Shares Declined While Pettyjohn Wood & White Has Raised Stake; Vipshop Hldgs LTD (VIPS) Stake Maintained by Flowering Tree Investment Management Pte Ltd

May 25, 2018 - By Ash

FedEx Corporation (NYSE:FDX) Logo

Flowering Tree Investment Management Pte Ltd increased its stake in Vipshop Hldgs Ltd (VIPS) by 49.17% based on its latest 2017Q4 regulatory filing with the SEC. Flowering Tree Investment Management Pte Ltd bought 784,066 shares as the company’s stock rose 37.84% while stock markets declined. The institutional investor held 2.38M shares of the catalog and specialty distribution company at the end of 2017Q4, valued at $27.88 million, up from 1.59 million at the end of the previous reported quarter. Flowering Tree Investment Management Pte Ltd who had been investing in Vipshop Hldgs Ltd for a number of months, seems to be bullish on the $7.76 billion market cap company. The stock decreased 1.34% or $0.1601 during the last trading session, reaching $11.7699. About 5.16M shares traded. Vipshop Holdings Limited (NYSE:VIPS) has risen 21.34% since May 25, 2017 and is uptrending. It has outperformed by 9.79% the S&P500.

Pettyjohn Wood & White Inc increased its stake in Fedex Corp Com (FDX) by 24.36% based on its latest 2017Q4 regulatory filing with the SEC. Pettyjohn Wood & White Inc bought 3,118 shares as the company’s stock declined 6.15% with the market. The institutional investor held 15,919 shares of the air freight and delivery services company at the end of 2017Q4, valued at $3.97M, up from 12,801 at the end of the previous reported quarter. Pettyjohn Wood & White Inc who had been investing in Fedex Corp Com for a number of months, seems to be bullish on the $67.30 billion market cap company. The stock increased 0.04% or $0.11 during the last trading session, reaching $251.85. About 599,478 shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since May 25, 2017 and is uptrending. It has outperformed by 13.90% the S&P500.

Pettyjohn Wood & White Inc, which manages about $364.69 million and $278.20M US Long portfolio, decreased its stake in Boeing Co (NYSE:BA) by 1,576 shares to 15,161 shares, valued at $4.47 million in 2017Q4, according to the filing. It also reduced its holding in Pepsico Inc (NYSE:PEP) by 3,550 shares in the quarter, leaving it with 56,316 shares, and cut its stake in Dominion Res Inc Va Com (NYSE:D).

Since January 2, 2018, it had 1 insider purchase, and 4 selling transactions for $45.54 million activity. On Wednesday, April 18 SMITH FREDERICK W sold $31.74M worth of FedEx Corporation (NYSE:FDX) or 124,000 shares. 4,400 shares were sold by WALSH PAUL S, worth $1.12M. $802,405 worth of FedEx Corporation (NYSE:FDX) was sold by STEINER DAVID P on Friday, January 5. BRONCZEK DAVID J sold $11.89 million worth of stock.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.14, from 1.07 in 2017Q3. It is positive, as 45 investors sold FDX shares while 366 reduced holdings. 137 funds opened positions while 361 raised stakes. 193.75 million shares or 3.04% less from 199.84 million shares in 2017Q3 were reported. Gemmer Asset Mngmt Ltd Liability Corporation holds 201 shares or 0.02% of its portfolio. Matthew 25 Mgmt Corp accumulated 150,000 shares. 15,630 are owned by Tru Inv Llc. 5,659 were reported by Hermes Mgmt Ltd. Wealthtrust holds 362 shares. Ballentine Prtn Ltd Company holds 0.09% or 6,728 shares. Ftb Advsr Inc holds 0.22% of its portfolio in FedEx Corporation (NYSE:FDX) for 9,095 shares. Balasa Dinverno Foltz Lc stated it has 1,733 shares. Swarthmore Grp Inc has invested 1.55% of its portfolio in FedEx Corporation (NYSE:FDX). Focused Wealth accumulated 40 shares. Oxbow Advisors Ltd Limited Liability Company stated it has 0.43% in FedEx Corporation (NYSE:FDX). Moreover, Nomura Holding has 0.05% invested in FedEx Corporation (NYSE:FDX) for 110,259 shares. Alexandria Ltd Liability Corp, Virginia-based fund reported 12,545 shares. Evercore Wealth Ltd holds 0.02% of its portfolio in FedEx Corporation (NYSE:FDX) for 2,663 shares. Charter holds 1,485 shares or 0.04% of its portfolio.

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Finance.Yahoo.com which released: “FedEx Corporation Has Amazon Derangement Syndrome” on May 04, 2018, also Seekingalpha.com with their article: “Tracking Mason Hawkins’ Southeastern Asset Management Portfolio – Q1 2018 Update” published on May 25, 2018, Benzinga.com published: “Despite An Earnings Beat, Shares Of FedEx Are Continuing To Look Weak In The Near Term” on May 04, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Seekingalpha.com and their article: “Trade War Relief Rally – Cramer’s Mad Money (5/21/18)” published on May 22, 2018 as well as Benzinga.com‘s news article titled: “Bernstein: Amazon Flex Is No Threat To FedEx, UPS” with publication date: May 24, 2018.

Among 37 analysts covering FedEx (NYSE:FDX), 26 have Buy rating, 1 Sell and 10 Hold. Therefore 70% are positive. FedEx had 117 analyst reports since August 14, 2015 according to SRatingsIntel. On Tuesday, March 15 the stock rating was maintained by Credit Suisse with “Outperform”. Robert W. Baird maintained it with “Outperform” rating and $280 target in Thursday, March 15 report. Citigroup maintained FedEx Corporation (NYSE:FDX) rating on Thursday, May 19. Citigroup has “Buy” rating and $200 target. The firm earned “Outperform” rating on Friday, September 15 by Credit Suisse. On Thursday, September 17 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Cowen & Co maintained the stock with “Buy” rating in Friday, July 7 report. Argus Research maintained the shares of FDX in report on Tuesday, September 22 with “Buy” rating. The stock of FedEx Corporation (NYSE:FDX) earned “Buy” rating by Robert W. Baird on Wednesday, December 20. UBS upgraded FedEx Corporation (NYSE:FDX) on Friday, January 5 to “Buy” rating. The company was downgraded on Monday, December 14 by Raymond James.

Another recent and important Vipshop Holdings Limited (NYSE:VIPS) news was published by Seekingalpha.com which published an article titled: “Vipshop +3.8% in face of pair of downgrades” on May 16, 2018.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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