Crossmark Global Holdings Inc. Sells 578 Shares of FedEx Co. (FDX)

Marco Green
February 24, 2018

Colleran Donald F also sold $2.20 million worth of FedEx Corporation (NYSE:FDX) shares. The institutional investor held 10,263 shares of the health care company at the end of 2017Q3, valued at $841,000, up from 5,036 at the end of the previous reported quarter. The stock increased 1.27% or $1.95 during the last trading session, reaching $155.62. The shares were sold at an average price of $250.73, for a total transaction of $995,398.10. Cypress Semiconductor Corporation (NASDAQ:CY) has risen 39.45% since February 24, 2017 and is uptrending. It has outperformed by 7.97% the S&P500. The transaction was disclosed in a filing with the SEC, which is available at this link.

In other FedEx news, EVP Robert B. Carter sold 3,970 shares of the company's stock in a transaction that occurred on Thursday, December 21st. The institutional investor held 13.46M shares of the semiconductors company at the end of 2017Q3, valued at $202.21M, up from 11.83 million at the end of the previous reported quarter. Strategic Advisors LLC now owns 2,138 shares of the shipping service provider's stock valued at $465,000 after acquiring an additional 306 shares in the last quarter. About 465,734 shares traded. On Tuesday, January 2 BRONCZEK DAVID J sold $11.89M worth of FedEx Corporation (NYSE:FDX) or 46,555 shares. It has outperformed by 4.57% the S&P500.

Since September 21, 2017, it had 1 buying transaction, and 6 sales for $22.29 million activity. SCHWAB SUSAN C had bought 80 shares worth $19,837. Harris Assoc Ltd Partnership owns 1.83M shares for 0.69% of their portfolio. Insiders have sold a total of 53,541 shares of company stock worth $13,692,142 in the last ninety days. Dorsey And Whitney Limited Co owns 0.29% invested in FedEx Corporation (NYSE:FDX) for 6,517 shares. Westover Capital Advsr Limited Liability Corp reported 2.69% in FedEx Corporation (NYSE:FDX). One research analyst has rated the stock with a sell rating, three have given a hold rating, twenty-three have assigned a buy rating and one has given a strong buy rating to the company's stock. Therefore 52% are positive. FedEx had 108 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Thursday, November 30 by BMO Capital Markets. Deutsche Bank downgraded the shares of TNET in report on Wednesday, April 19 to "Hold" rating. Bank of America restated a "buy" rating and set a $315.00 price target on shares of FedEx in a report on Friday, January 12th. The firm has "Buy" rating given on Wednesday, June 14 by Oppenheimer. Finally, Citigroup increased their price target on shares of FedEx to $275.00 and gave the company a "buy" rating in a research report on Tuesday, December 12th. The company was maintained on Monday, November 6 by Cantor Fitzgerald. The rating was upgraded by Craig Hallum on Tuesday, June 27 to "Buy". Credit Suisse Group reiterated a "positive" rating and issued a $283.00 price objective (up previously from $278.00) on shares of FedEx in a research note on Wednesday, December 20th. The stock of FedEx Corporation (NYSE:FDX) earned "Outperform" rating by Credit Suisse on Tuesday, March 15. The shipping service provider reported $3.18 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.89 by $0.29. FDX's profit will be $814.38 million for 20.74 P/E if the $3.04 EPS becomes a reality.

Investors sentiment increased to 1.07 in 2017 Q3. Its down 0.42, from 1.5 in 2017Q2.

Itau Unibanco Holding S.A. cut its holdings in FedEx Co. 51 funds opened positions while 104 raised stakes. This represents a $2.00 annualized dividend and a yield of 0.81%. Jpmorgan Chase And holds 0.02% or 387,120 shares in its portfolio. Bowen Hanes & Co Inc reported 147,036 shares stake. Finance Counselors Inc invested 0.07% in FedEx Corporation (NYSE:FDX). Stephens Inc Ar invested in 29,481 shares or 0.24% of the stock. FedEx had a net margin of 4.74% and a return on equity of 20.56%. 2,941 were reported by Atria Invests Limited Com.

Several equities analysts have recently issued reports on the company. Of Virginia Va reported 1,750 shares. Highland Cap Ltd Liability Corporation reported 0.93% in FedEx Corporation (NYSE:FDX). Dafna Capital Mngmt Ltd Liability Co has 1.27% invested in Dermira, Inc. 28 were reported by Psagot Invest House. Gemmer Asset Ltd Liability Corp invested in 201 shares. Bbt Capital Management Llc acquired 178,000 shares as Nxp Semiconductors N V (NXPI)'s stock rose 5.22%. Forsta AP Fonden's holdings in FedEx were worth $18,067,000 as of its most recent filing with the Securities and Exchange Commission (SEC). TriNet Group Inc had 15 analyst reports since August 4, 2015 according to SRatingsIntel. They set a "buy" rating and a $270.00 price target for the company. The stock has "Hold" rating by Stifel Nicolaus on Monday, August 14. The stock has "Mkt Perform" rating by Raymond James on Monday, December 14. Leerink Swann maintained the stock with "Market Perform" rating in Wednesday, February 21 report.

Analysts await FedEx Corporation (NYSE:FDX) to report earnings on March, 20. The stock of RLJ Lodging Trust (NYSE:RLJ) earned "Outperform" rating by RBC Capital Markets on Monday, January 4. As per Tuesday, November 7, the company rating was maintained by Jefferies.

Investors sentiment decreased to 1.08 in 2017 Q3. Its up 5.99, from 1.16 in 2017Q2. It turned negative, as 34 investors sold CY shares while 109 reduced holdings. 66 funds opened positions while 377 raised stakes. 553,149 were accumulated by Aqr Capital Lc. First Allied Advisory Services owns 13,474 shares. Sirios Capital Management L P now owns 589,149 shares of the shipping service provider's stock valued at $132,901,000 after buying an additional 64,637 shares during the period. Huntington Bancshares holds 55,707 shares or 0.21% of its portfolio. Jpmorgan Chase & accumulated 7.93M shares. Axa has invested 0.03% in Dermira, Inc. Transamerica Advisors invested in 0.16% or 16,126 shares. Southpoint Capital Advsr LP owns 350,000 shares or 3.24% of their U.S. portfolio. Swedbank owns 2.36 million shares. Da Davidson & stated it has 0% in Cypress Semiconductor Corporation (NASDAQ:CY). Ami Asset Mngmt holds 2.81% or 175,736 shares in its portfolio. State Street Corp reported 9.37 million shares. It is down 0.00% since February 24, 2017 and is. $1.18M worth of Cypress Semiconductor Corporation (NASDAQ:CY) was sold by Thad Trent on Monday, October 16.

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