Vantage Investment Advisors Upped Fedex (FDX) Stake; Intact Investment Management Has Decreased Akamai Technologies (AKAM) Position By $312,000

April 25, 2018 - By Adrian Erickson

FedEx Corporation (NYSE:FDX) Logo

Vantage Investment Advisors Llc increased Fedex Corporation (FDX) stake by 5.95% reported in 2017Q4 SEC filing. Vantage Investment Advisors Llc acquired 1,301 shares as Fedex Corporation (FDX)’s stock declined 6.15%. The Vantage Investment Advisors Llc holds 23,172 shares with $5.78M value, up from 21,871 last quarter. Fedex Corporation now has $65.62 billion valuation. The stock decreased 1.31% or $3.26 during the last trading session, reaching $245.56. About 1.82M shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since April 25, 2017 and is uptrending. It has outperformed by 13.90% the S&P500.

Intact Investment Management Inc decreased Akamai Technologies Inc (AKAM) stake by 47.06% reported in 2017Q4 SEC filing. Intact Investment Management Inc sold 4,800 shares as Akamai Technologies Inc (AKAM)’s stock rose 8.10%. The Intact Investment Management Inc holds 5,400 shares with $351,000 value, down from 10,200 last quarter. Akamai Technologies Inc now has $12.06 billion valuation. The stock decreased 0.98% or $0.7 during the last trading session, reaching $70.97. About 651,220 shares traded. Akamai Technologies, Inc. (NASDAQ:AKAM) has risen 12.14% since April 25, 2017 and is uptrending. It has outperformed by 0.59% the S&P500.

Intact Investment Management Inc increased Osisko Gold Royalties Ltd (OKSKF) stake by 668,800 shares to 2.71 million valued at $39.23M in 2017Q4. It also upped Vermilion Energy Inc (NYSE:VET) stake by 115,500 shares and now owns 236,600 shares. Oracle Corp (NYSE:ORCL) was raised too.

Investors sentiment decreased to 0.82 in Q4 2017. Its down 0.17, from 0.99 in 2017Q3. It dropped, as 45 investors sold AKAM shares while 173 reduced holdings. 79 funds opened positions while 99 raised stakes. 142.18 million shares or 2.90% more from 138.17 million shares in 2017Q3 were reported. Parallax Volatility Advisers Ltd Partnership reported 4,003 shares. Koshinski Asset Mngmt Inc reported 8,311 shares. Levy Harkins invested 3.9% of its portfolio in Akamai Technologies, Inc. (NASDAQ:AKAM). Champlain Prtn Limited Liability Company holds 0.63% in Akamai Technologies, Inc. (NASDAQ:AKAM) or 853,445 shares. Architects Inc owns 0.01% invested in Akamai Technologies, Inc. (NASDAQ:AKAM) for 740 shares. Dekabank Deutsche Girozentrale owns 10,312 shares. Ahl Partners Limited Liability Partnership, a United Kingdom-based fund reported 102,283 shares. D E Shaw And Incorporated reported 0.01% in Akamai Technologies, Inc. (NASDAQ:AKAM). Guggenheim Cap Limited Com, Illinois-based fund reported 964,097 shares. Sun Life Fincl has invested 0% in Akamai Technologies, Inc. (NASDAQ:AKAM). Parkside Fincl Bank Trust holds 0% or 200 shares. Reliance Trust Of Delaware holds 0.18% or 18,301 shares. Kornitzer Cap Mngmt Ks owns 344,989 shares for 0.38% of their portfolio. 841 were accumulated by Assetmark. The Georgia-based Invesco Ltd has invested 0.01% in Akamai Technologies, Inc. (NASDAQ:AKAM).

Among 30 analysts covering Akamai Tech (NASDAQ:AKAM), 17 have Buy rating, 1 Sell and 12 Hold. Therefore 57% are positive. Akamai Tech had 96 analyst reports since July 29, 2015 according to SRatingsIntel. The company was maintained on Wednesday, December 6 by SunTrust. J.P. Morgan upgraded the shares of AKAM in report on Friday, March 9 to “Buy” rating. The firm has “Buy” rating by Evercore given on Monday, December 14. Wells Fargo maintained it with “Market Perform” rating and $62 target in Wednesday, October 25 report. The rating was maintained by Robert W. Baird on Wednesday, April 27 with “Outperform”. The firm earned “Hold” rating on Wednesday, April 27 by Craig Hallum. The stock of Akamai Technologies, Inc. (NASDAQ:AKAM) has “Sector Perform” rating given on Thursday, March 24 by RBC Capital Markets. On Tuesday, August 8 the stock rating was maintained by Oppenheimer with “Buy”. As per Tuesday, February 6, the company rating was maintained by Cowen & Co. As per Wednesday, October 26, the company rating was maintained by Stifel Nicolaus.

Since December 13, 2017, it had 1 buy, and 8 sales for $5.90 million activity. Wheaton William also sold $662,900 worth of Akamai Technologies, Inc. (NASDAQ:AKAM) shares. Another trade for 8,430 shares valued at $564,810 was sold by Gemmell James. MCCONNELL RICK M had sold 7,382 shares worth $536,228. $999,784 worth of Akamai Technologies, Inc. (NASDAQ:AKAM) shares were bought by LEIGHTON F THOMSON. Another trade for 8,379 shares valued at $593,317 was made by Blumofe Robert on Monday, April 2.

Analysts await Akamai Technologies, Inc. (NASDAQ:AKAM) to report earnings on April, 30 after the close. They expect $0.51 earnings per share, down 3.77% or $0.02 from last year’s $0.53 per share. AKAM’s profit will be $86.69M for 34.79 P/E if the $0.51 EPS becomes a reality. After $0.50 actual earnings per share reported by Akamai Technologies, Inc. for the previous quarter, Wall Street now forecasts 2.00% EPS growth.

Since October 26, 2017, it had 1 insider buy, and 4 insider sales for $45.54 million activity. WALSH PAUL S also sold $1.12 million worth of FedEx Corporation (NYSE:FDX) on Wednesday, April 18. On Friday, January 5 the insider STEINER DAVID P sold $802,405. SCHWAB SUSAN C also bought $19,837 worth of FedEx Corporation (NYSE:FDX) shares. On Wednesday, April 18 SMITH FREDERICK W sold $31.74 million worth of FedEx Corporation (NYSE:FDX) or 124,000 shares. $2.55 million worth of FedEx Corporation (NYSE:FDX) was sold by Maier Henry J. BRONCZEK DAVID J had sold 46,555 shares worth $11.89 million on Tuesday, January 2.

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. Cowen & Co maintained the shares of FDX in report on Thursday, September 17 with “Outperform” rating. The rating was downgraded by Raymond James on Monday, December 14 to “Mkt Perform”. The rating was maintained by Stephens with “Buy” on Wednesday, June 21. The stock of FedEx Corporation (NYSE:FDX) earned “Buy” rating by Oppenheimer on Friday, March 16. The company was maintained on Thursday, March 17 by Nomura. The rating was maintained by Argus Research on Tuesday, September 22 with “Buy”. On Wednesday, June 21 the stock rating was maintained by Robert W. Baird with “Buy”. Oppenheimer maintained FedEx Corporation (NYSE:FDX) rating on Wednesday, September 21. Oppenheimer has “Outperform” rating and $184 target. Citigroup maintained the stock with “Buy” rating in Thursday, March 17 report. Oppenheimer maintained the shares of FDX in report on Thursday, September 17 with “Outperform” rating.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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