Shareholder Beach Investment Management Has Boosted Fedex (FDX) Position; As Express Scripts Hldg Co (Put) (ESRX) Share Price Declined, Susquehanna International Group Llp Trimmed Its Stake

April 17, 2018 - By Darrin Black

FedEx Corporation (NYSE:FDX) Logo

Beach Investment Management Llc increased its stake in Fedex (FDX) by 96.77% based on its latest 2017Q4 regulatory filing with the SEC. Beach Investment Management Llc bought 5,100 shares as the company’s stock declined 6.15% with the market. The institutional investor held 10,370 shares of the air freight and delivery services company at the end of 2017Q4, valued at $2.59M, up from 5,270 at the end of the previous reported quarter. Beach Investment Management Llc who had been investing in Fedex for a number of months, seems to be bullish on the $66.81 billion market cap company. The stock increased 2.27% or $5.54 during the last trading session, reaching $250.03. About 1.42M shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since April 17, 2017 and is uptrending. It has outperformed by 13.90% the S&P500.

Susquehanna International Group Llp decreased its stake in Express Scripts Hldg Co (Put) (ESRX) by 12.73% based on its latest 2017Q4 regulatory filing with the SEC. Susquehanna International Group Llp sold 116,400 shares as the company’s stock declined 5.58% with the market. The institutional investor held 797,900 shares of the medical and nursing services company at the end of 2017Q4, valued at $59.56 million, down from 914,300 at the end of the previous reported quarter. Susquehanna International Group Llp who had been investing in Express Scripts Hldg Co (Put) for a number of months, seems to be less bullish one the $40.43B market cap company. The stock increased 0.52% or $0.37 during the last trading session, reaching $71.99. About 2.88 million shares traded. Express Scripts Holding Company (NASDAQ:ESRX) has risen 8.93% since April 17, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

Since October 26, 2017, it had 1 insider purchase, and 3 selling transactions for $15.22 million activity. BRONCZEK DAVID J sold 46,555 shares worth $11.89 million. $2.55 million worth of FedEx Corporation (NYSE:FDX) was sold by Maier Henry J. SCHWAB SUSAN C also bought $19,837 worth of FedEx Corporation (NYSE:FDX) on Tuesday, February 6.

Investors sentiment increased to 1.21 in 2017 Q4. 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. Martingale Asset Ltd Partnership has invested 0.34% of its portfolio in FedEx Corporation (NYSE:FDX). Community Tru Inv Communications holds 2.99% in FedEx Corporation (NYSE:FDX) or 95,972 shares. Rand Wealth Lc holds 0.48% of its portfolio in FedEx Corporation (NYSE:FDX) for 17,431 shares. Primecap Mngmt Company Ca has 2.96% invested in FedEx Corporation (NYSE:FDX). 8,914 were reported by Telos Mgmt. Tarbox Family Office stated it has 0.01% of its portfolio in FedEx Corporation (NYSE:FDX). Zacks Investment Management invested 0.36% of its portfolio in FedEx Corporation (NYSE:FDX). Ally accumulated 0.36% or 7,500 shares. Chesley Taft Associates Ltd Co reported 57,010 shares. Gemmer Asset Management Ltd Limited Liability Company reported 0.02% in FedEx Corporation (NYSE:FDX). 12,942 are held by Symphony Asset Mgmt Ltd Liability. Swarthmore invested in 29,175 shares. San Francisco Sentry Invest Gru (Ca) owns 1,809 shares. Litman Gregory Asset Ltd Llc accumulated 1,300 shares or 0.1% of the stock. Dana Invest Advsrs holds 100,334 shares.

Among 37 analysts covering FedEx (NYSE:FDX), 26 have Buy rating, 1 Sell and 10 Hold. Therefore 70% are positive. FedEx had 116 analyst reports since August 14, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, October 6 by Stifel Nicolaus. UBS upgraded the shares of FDX in report on Tuesday, January 9 to “Buy” rating. Cowen & Co maintained FedEx Corporation (NYSE:FDX) on Tuesday, August 8 with “Buy” rating. The firm has “Outperform” rating by Raymond James given on Friday, March 24. The rating was maintained by Wells Fargo on Thursday, September 21 with “Outperform”. On Wednesday, December 20 the stock rating was maintained by Stifel Nicolaus with “Hold”. On Thursday, September 17 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Cowen & Co maintained FedEx Corporation (NYSE:FDX) rating on Friday, December 16. Cowen & Co has “Outperform” rating and $240 target. The stock of FedEx Corporation (NYSE:FDX) earned “Buy” rating by Credit Suisse on Wednesday, March 21. UBS maintained it with “Buy” rating and $186 target in Thursday, March 17 report.

Susquehanna International Group Llp, which manages about $283.44 billion US Long portfolio, upped its stake in Tivity Health Inc (Call) by 68,800 shares to 74,900 shares, valued at $2.74 million in 2017Q4, according to the filing. It also increased its holding in First Rep Bk San Francisco C (NYSE:FRC) by 56,686 shares in the quarter, for a total of 90,886 shares, and has risen its stake in Vmware Inc (Put) (NYSE:VMW).

Analysts await Express Scripts Holding Company (NASDAQ:ESRX) to report earnings on May, 2 after the close. They expect $1.76 earnings per share, up 32.33% or $0.43 from last year’s $1.33 per share. ESRX’s profit will be $988.30M for 10.23 P/E if the $1.76 EPS becomes a reality. After $2.16 actual earnings per share reported by Express Scripts Holding Company for the previous quarter, Wall Street now forecasts -18.52% negative EPS growth.

Investors sentiment increased to 0.69 in Q4 2017. Its up 0.07, from 0.62 in 2017Q3. It is positive, as 68 investors sold ESRX shares while 407 reduced holdings. 111 funds opened positions while 216 raised stakes. 479.40 million shares or 1.52% less from 486.80 million shares in 2017Q3 were reported. Endurant Cap LP holds 1.7% in Express Scripts Holding Company (NASDAQ:ESRX) or 74,690 shares. 19,927 were accumulated by Eqis Cap Mngmt Inc. 6,860 are held by Montag A Assocs Inc. Jpmorgan Chase & Communication holds 1.27 million shares. Teacher Retirement System Of Texas stated it has 358,662 shares or 0.18% of all its holdings. Mirae Asset Investments Limited accumulated 0.04% or 36,034 shares. Eaton Vance Mgmt has invested 0.01% of its portfolio in Express Scripts Holding Company (NASDAQ:ESRX). 12,543 are owned by Prudential Public Limited Liability Co. Reliance Trust Co Of Delaware holds 0.06% in Express Scripts Holding Company (NASDAQ:ESRX) or 4,879 shares. Caprock Incorporated owns 4,002 shares. Chesley Taft And Associate Ltd Liability Com invested in 0.47% or 74,615 shares. The Oregon-based Auxier Asset Mngmt has invested 1.22% in Express Scripts Holding Company (NASDAQ:ESRX). New Mexico Educational Retirement Board reported 55,540 shares. Lpl Fincl Limited Liability Com holds 0.02% or 95,010 shares in its portfolio. Foundry Prtnrs Limited Liability Co stated it has 0.46% in Express Scripts Holding Company (NASDAQ:ESRX).

Express Scripts Holding Company (NASDAQ:ESRX) Institutional Positions Chart

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