Private Management Group Has Lifted By $344,712 Its Platform Specialty Prods Cor (PAH) Holding; Southeastern Asset Management Has Cut Fedex (FDX) Stake By $197.79 Million

November 15, 2017 - By Adrian Mccoy

Private Management Group Inc increased Platform Specialty Prods Cor (PAH) stake by 1.66% reported in 2017Q2 SEC filing. Private Management Group Inc acquired 28,726 shares as Platform Specialty Prods Cor (PAH)’s stock rose 0.60%. The Private Management Group Inc holds 1.76 million shares with $22.32 million value, up from 1.73M last quarter. Platform Specialty Prods Cor now has $2.73 billion valuation. The stock declined 2.31% or $0.22 reaching $9.3 on the news. About 5,419 shares traded. Platform Specialty Products Corp (NYSE:PAH) has risen 48.23% since November 15, 2016 and is uptrending. It has outperformed by 31.53% the S&P500.

Southeastern Asset Management Inc decreased Fedex Corporation (FDX) stake by 16.2% reported in 2017Q2 SEC filing. Southeastern Asset Management Inc sold 911,462 shares as Fedex Corporation (FDX)’s stock declined 2.24%. The Southeastern Asset Management Inc holds 4.71 million shares with $1.02B value, down from 5.63M last quarter. Fedex Corporation now has $58.37 billion valuation. The stock declined 1.03% or $2.27 reaching $217.67 per share. About 6,397 shares traded. FedEx Corporation (NYSE:FDX) has risen 19.02% since November 15, 2016 and is uptrending. It has outperformed by 2.32% the S&P500.

Private Management Group Inc decreased Nmi Hldgs Inc (NASDAQ:NMIH) stake by 164,379 shares to 1.07 million valued at $12.21 million in 2017Q2. It also reduced Cno Finl Group Inc stake by 22,189 shares and now owns 703,354 shares. Redwood Tr Inc (NYSE:RWT) was reduced too.

Investors sentiment is 1.67 in Q2 2017. Its the same as in 2017Q1. It is without change, as 22 investors sold PAH shares while 45 reduced holdings. only 33 funds opened positions while 79 raised stakes. 240.34 million shares or 2.20% more from 235.17 million shares in 2017Q1 were reported. Corvex Limited Partnership holds 3.28% or 7.96 million shares. Bluecrest Cap Mngmt holds 0.12% or 242,616 shares. Citigroup holds 25,045 shares or 0% of its portfolio. James Inv owns 110,180 shares for 0.04% of their portfolio. Carlson Cap Management has invested 0.15% in Platform Specialty Products Corp (NYSE:PAH). 56,377 were reported by Bluefin Trading Limited Liability Corp. 824 are owned by Advisory Service Net Ltd Liability Com. Rhumbline Advisers owns 211,473 shares. New York-based Jpmorgan Chase & Com has invested 0% in Platform Specialty Products Corp (NYSE:PAH). Frontier Capital Mngmt Co Lc has 557,024 shares for 0.05% of their portfolio. Cipher Capital Ltd Partnership has 63,726 shares. Creative Planning holds 913 shares or 0% of its portfolio. Scopus Asset Limited Partnership stated it has 75,000 shares. 5.51M were accumulated by Dimensional Fund Advsr L P. Art Advsr Ltd Com stated it has 0.08% in Platform Specialty Products Corp (NYSE:PAH).

Among 10 analysts covering Platform Specialty Products Corporation (NYSE:PAH), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Platform Specialty Products Corporation had 24 analyst reports since August 17, 2015 according to SRatingsIntel. SunTrust maintained the shares of PAH in report on Thursday, November 2 with “Buy” rating. On Wednesday, October 11 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The firm has “Buy” rating given on Monday, September 18 by SunTrust. The company was initiated on Monday, August 22 by TH Capital. Goldman Sachs initiated the shares of PAH in report on Monday, February 6 with “Buy” rating. The stock of Platform Specialty Products Corp (NYSE:PAH) has “Equal Weight” rating given on Wednesday, October 5 by Barclays Capital. Morgan Stanley initiated the shares of PAH in report on Monday, January 30 with “Equal-Weight” rating. The firm has “Neutral” rating given on Thursday, December 3 by Credit Suisse. Credit Suisse reinitiated the shares of PAH in report on Monday, May 2 with “Neutral” rating. The firm has “Buy” rating given on Wednesday, March 9 by Bank of America.

Analysts await FedEx Corporation (NYSE:FDX) to report earnings on December, 19 after the close. They expect $2.86 earnings per share, up 2.14% or $0.06 from last year’s $2.8 per share. FDX’s profit will be $766.93 million for 19.03 P/E if the $2.86 EPS becomes a reality. After $2.51 actual earnings per share reported by FedEx Corporation for the previous quarter, Wall Street now forecasts 13.94% EPS growth.

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