Grimes & Company Has Boosted United Technologies Corporatio (UTX) Holding; Capital World Investors Raised Fedex (FDX) Holding

May 24, 2018 - By Ash

FedEx Corporation (NYSE:FDX) Logo

Capital World Investors increased Fedex Corp (FDX) stake by 0.07% reported in 2017Q4 SEC filing. Capital World Investors acquired 2,637 shares as Fedex Corp (FDX)’s stock declined 6.15%. The Capital World Investors holds 3.62M shares with $903.18 million value, up from 3.62M last quarter. Fedex Corp now has $66.69B valuation. The stock decreased 0.35% or $0.88 during the last trading session, reaching $249.59. About 320,405 shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since May 24, 2017 and is uptrending. It has outperformed by 13.90% the S&P500.

Grimes & Company Inc increased United Technologies Corporatio (UTX) stake by 58.99% reported in 2017Q4 SEC filing. Grimes & Company Inc acquired 2,453 shares as United Technologies Corporatio (UTX)’s stock declined 1.53%. The Grimes & Company Inc holds 6,611 shares with $843,000 value, up from 4,158 last quarter. United Technologies Corporatio now has $101.68 billion valuation. The stock decreased 0.39% or $0.49 during the last trading session, reaching $127.09. About 415,097 shares traded. United Technologies Corporation (NYSE:UTX) has risen 12.03% since May 24, 2017 and is uptrending. It has outperformed by 0.48% the S&P500.

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Benzinga.com which released: “Bernstein: Amazon Flex Is No Threat To FedEx, UPS” on May 24, 2018, also Seekingalpha.com with their article: “FedEx tests blockchain technology” published on May 14, 2018, Seekingalpha.com published: “Investors size up UPS and FedEx” on April 27, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Seekingalpha.com and their article: “USPS returns to losing ways” published on May 11, 2018 as well as Finance.Yahoo.com‘s news article titled: “FedEx Corporation Has Amazon Derangement Syndrome” with publication date: May 04, 2018.

Since January 2, 2018, it had 1 insider purchase, and 4 insider sales for $45.54 million activity. 46,555 shares were sold by BRONCZEK DAVID J, worth $11.89 million on Tuesday, January 2. 124,000 shares were sold by SMITH FREDERICK W, worth $31.74M. STEINER DAVID P sold $802,405 worth of stock or 3,016 shares. $19,837 worth of FedEx Corporation (NYSE:FDX) was bought by SCHWAB SUSAN C on Tuesday, February 6. $1.12 million worth of FedEx Corporation (NYSE:FDX) shares were sold by WALSH PAUL S.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.14, from 1.07 in 2017Q3. It improved, 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. Balyasny Asset Mngmt Lc reported 4,076 shares or 0% of all its holdings. Bollard Group Ltd Liability Corp holds 0.04% or 3,563 shares in its portfolio. J Goldman Co Ltd Partnership invested in 68,492 shares. Stevens Mngmt Limited Partnership holds 0.93% or 96,368 shares in its portfolio. Dana Advisors reported 1.09% in FedEx Corporation (NYSE:FDX). Voya Investment Management Ltd Limited Liability Company has invested 0.07% in FedEx Corporation (NYSE:FDX). First Dallas Securities accumulated 6,332 shares. Signaturefd Limited Liability holds 1,041 shares or 0.03% of its portfolio. Paragon Mgmt Limited Liability Company has 4.17% invested in FedEx Corporation (NYSE:FDX) for 50,815 shares. Spinnaker Tru has invested 0.39% of its portfolio in FedEx Corporation (NYSE:FDX). Nippon Life Global Invsts Americas Incorporated reported 21,030 shares. Baxter Bros owns 12,433 shares. 1.45 million were reported by Morgan Stanley. Cetera Advsr Ltd Liability Corp reported 2,287 shares. Sun Life Financial accumulated 543 shares or 0.01% of the stock.

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. Wood maintained the shares of FDX in report on Wednesday, September 2 with “Market Perform” rating. The stock has “Buy” rating by Oppenheimer on Friday, October 20. The stock has “Buy” rating by Cowen & Co on Friday, October 13. The stock of FedEx Corporation (NYSE:FDX) has “Hold” rating given on Tuesday, November 15 by Stifel Nicolaus. The rating was maintained by JP Morgan on Thursday, October 12 with “Overweight”. The firm earned “Buy” rating on Wednesday, December 20 by Wells Fargo. On Thursday, June 2 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Buy” rating by Robert W. Baird given on Sunday, February 11. On Monday, February 22 the stock rating was maintained by Stifel Nicolaus with “Buy”. Stifel Nicolaus maintained FedEx Corporation (NYSE:FDX) rating on Wednesday, December 20. Stifel Nicolaus has “Hold” rating and $272.0 target.

Capital World Investors decreased Verisign Inc (NASDAQ:VRSN) stake by 580,961 shares to 12.25M valued at $1.40B in 2017Q4. It also reduced Twenty (NASDAQ:FOXA) stake by 14.29M shares and now owns 30.65M shares. Square Inc Cl A was reduced too.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.13, from 1.05 in 2017Q3. It is negative, as 58 investors sold UTX shares while 554 reduced holdings. 121 funds opened positions while 441 raised stakes. 624.06 million shares or 0.48% more from 621.08 million shares in 2017Q3 were reported. The Texas-based Barrow Hanley Mewhinney & Strauss Ltd Liability Corporation has invested 2.24% in United Technologies Corporation (NYSE:UTX). Ohio-based Strs Ohio has invested 0.22% in United Technologies Corporation (NYSE:UTX). Rosenblum Silverman Sutton S F Incorporated Ca accumulated 7,638 shares. Colony Grp has invested 0.07% in United Technologies Corporation (NYSE:UTX). Cambridge Advsr holds 8,705 shares or 0.4% of its portfolio. Anderson Hoagland reported 0.4% in United Technologies Corporation (NYSE:UTX). Wolverine Asset Mgmt Limited Liability Corporation accumulated 0.39% or 304,000 shares. Moreover, Webster Bancshares N A has 1% invested in United Technologies Corporation (NYSE:UTX). First Quadrant Limited Partnership Ca has invested 0.01% in United Technologies Corporation (NYSE:UTX). Cubist Systematic Strategies Ltd Limited Liability Company holds 0.16% or 23,791 shares. Kidder Stephen W holds 2.39% or 52,360 shares. Kcm Invest Advsrs Ltd Liability reported 25,652 shares or 0.19% of all its holdings. Baxter Bros Inc, Connecticut-based fund reported 23,102 shares. Cetera Advisor Netwr Limited Co invested 0.21% of its portfolio in United Technologies Corporation (NYSE:UTX). Bright Rock Capital Mgmt Limited Liability reported 44,000 shares.

Among 22 analysts covering United Technologies Corporation (NYSE:UTX), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. United Technologies Corporation had 86 analyst reports since July 21, 2015 according to SRatingsIntel. Credit Suisse maintained the shares of UTX in report on Monday, November 16 with “Neutral” rating. The stock of United Technologies Corporation (NYSE:UTX) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, December 15. The firm earned “Hold” rating on Wednesday, October 25 by Stifel Nicolaus. The rating was maintained by Cowen & Co on Monday, January 22 with “Hold”. The firm earned “Buy” rating on Friday, April 6 by RBC Capital Markets. As per Thursday, September 10, the company rating was maintained by Citigroup. Robert W. Baird upgraded United Technologies Corporation (NYSE:UTX) on Friday, January 5 to “Outperform” rating. Deutsche Bank maintained United Technologies Corporation (NYSE:UTX) on Tuesday, August 25 with “Hold” rating. Jefferies maintained United Technologies Corporation (NYSE:UTX) rating on Monday, August 28. Jefferies has “Buy” rating and $139.0 target. As per Tuesday, April 24, the company rating was maintained by Stifel Nicolaus.

Since December 13, 2017, it had 1 buying transaction, and 6 insider sales for $1.25 million activity. Bailey Robert J. sold $79,088 worth of stock or 636 shares. Amato Elizabeth B sold $546,600 worth of stock. 9,000 shares were bought by Reynolds Fredric G, worth $1.09M on Friday, April 27. MCDONOUGH ROBERT J sold $1.28M worth of United Technologies Corporation (NYSE:UTX) on Wednesday, May 2.

Grimes & Company Inc decreased Powershares Ftse Rafi Us 1000 (PRF) stake by 5,031 shares to 293,433 valued at $33.33M in 2017Q4. It also reduced Ishares Dow Jones Us Financial (IYF) stake by 99,393 shares and now owns 36,240 shares. Vanguard Growth Etf (VUG) was reduced too.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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