Oxbow Advisors Has Cut By $1.98 Million Its Fedex (FDX) Position; NEXT GROUP PLC ORDINARY SHARES UK (NXGPF) Sellers Increased By 2.13% Their Shorts

June 20, 2018 - By Michael Leger


Oxbow Advisors Llc decreased Fedex Corp (FDX) stake by 89.19% reported in 2018Q1 SEC filing. Oxbow Advisors Llc sold 8,235 shares as Fedex Corp (FDX)’s stock declined 1.18%. The Oxbow Advisors Llc holds 998 shares with $240,000 value, down from 9,233 last quarter. Fedex Corp now has $67.54B valuation. The stock decreased 2.18% or $5.62 during the last trading session, reaching $252.77. About 2.66M shares traded or 67.53% up from the average. FedEx Corporation (NYSE:FDX) has risen 29.10% since June 20, 2017 and is uptrending. It has outperformed by 16.53% the S&P500. Some Historical FDX News: ; 08/05/2018 – FEDEX CORP – PURCHASE OF GROUP ANNUITY CONTRACT WILL BE FUNDED DIRECTLY BY ASSETS OF PENSION PLANS; 16/04/2018 – FEDEX FREIGHT PRESIDENT & CEO MICHAEL L. DUCKER TO RETIRE AUG; 20/03/2018 – FedEx to roll out 500 more stores inside Walmart; 20/03/2018 – Officials probe explosion at FedEx facility in Texas; 21/03/2018 – FedEx Pinched by Retail Shift During Holidays; 05/04/2018 – MBJ: Exclusive: @FedEx’s Richard Smith talks Memphis and his new role with the chamber; 20/03/2018 – Correct: FedEx 3Q EPS $7.59, Not $2.07; 12/03/2018 – FEDEX SAYS TRICIA GRIFFITH, PROGRESSIVE CEO, JOINS BOARD; 20/03/2018 – ‘Race against time’ to find bomber as fifth device blows up in Texas; 21/03/2018 – Having known Kudlow for years, Cramer argues that no one draws quite as close to his economic outlook as FedEx CEO Fred Smith

NEXT GROUP PLC ORDINARY SHARES UK (OTCMKTS:NXGPF) had an increase of 2.13% in short interest. NXGPF’s SI was 2.24M shares in June as released by FINRA. Its up 2.13% from 2.19 million shares previously. With 500 avg volume, 4471 days are for NEXT GROUP PLC ORDINARY SHARES UK (OTCMKTS:NXGPF)’s short sellers to cover NXGPF’s short positions. The SI to NEXT GROUP PLC ORDINARY SHARES UK’s float is 1.66%. It closed at $74.9417 lastly. It is down 0.00% since June 20, 2017 and is . It has underperformed by 12.57% the S&P500.

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Seekingalpha.com which released: “FedEx Corporation (FDX) CEO Fred Smith on Q4 2018 Results – Earnings Call Transcript” on June 20, 2018, also 247Wallst.com with their article: “FedEx Plans to Keep Delivering, but Are Investors On Board?” published on June 20, 2018, Benzinga.com published: “FedEx Reports ‘Solid’ Q4, But Bernstein Sees Capex Uncertainty” on June 20, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Streetinsider.com and their article: “After-Hours Movers 6/19: (SYNA) (WBA) (FDX) Higher; (LZB) (ORL) (GE) Lower (more…)” published on June 19, 2018 as well as Seekingalpha.com‘s news article titled: “FedEx Has The Largest Moat In The World And 40% Upside” with publication date: May 28, 2018.

Since January 2, 2018, it had 1 buy, and 4 insider sales for $45.54 million activity. WALSH PAUL S sold $1.12 million worth of stock. On Tuesday, January 2 BRONCZEK DAVID J sold $11.89M worth of FedEx Corporation (NYSE:FDX) or 46,555 shares. Shares for $31.74M were sold by SMITH FREDERICK W. SCHWAB SUSAN C had bought 80 shares worth $19,837 on Tuesday, February 6. 3,016 shares were sold by STEINER DAVID P, worth $802,405 on Friday, January 5.

Oxbow Advisors Llc increased Center Coast Mlp & Infrastruct (CEN) stake by 38,777 shares to 1.41 million valued at $11.96 million in 2018Q1. It also upped Williams Partners Lp New Unit (ACMP) stake by 37,870 shares and now owns 174,140 shares. Citigroup Inc New (NYSE:C) was raised too.

Among 37 analysts covering FedEx (NYSE:FDX), 26 have Buy rating, 1 Sell and 10 Hold. Therefore 70% are positive. FedEx had 119 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, August 14 by Citigroup. The stock of FedEx Corporation (NYSE:FDX) has “Outperform” rating given on Thursday, September 21 by Wells Fargo. The rating was maintained by Stifel Nicolaus on Thursday, March 17 with “Buy”. As per Wednesday, December 20, the company rating was maintained by Credit Suisse. The stock of FedEx Corporation (NYSE:FDX) has “Outperform” rating given on Friday, February 23 by Bernstein. UBS maintained the stock with “Buy” rating in Wednesday, June 21 report. The company was maintained on Friday, September 15 by Credit Suisse. The firm has “Peer Perform” rating by Wolfe Research given on Monday, November 30. Stifel Nicolaus maintained FedEx Corporation (NYSE:FDX) rating on Thursday, January 18. Stifel Nicolaus has “Hold” rating and $289.0 target. On Thursday, March 17 the stock rating was maintained by Citigroup with “Buy”.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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